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Mixpanel

Free (20M events/mo) / Growth ($0.28 per 1K events) / Startups (1 year free)
4.5/5

Event-driven product analytics with generous free tier for startups.

Why founders use Mixpanel

Event-based product analytics
Funnel analysis and drop-off detection
User segmentation and cohorts
Retention and engagement metrics
A/B testing (Experiments)
Session replay (basic tier)
Heatmaps
Custom dashboards
SQL access (Growth+ plan)

The Good

Exceptionally generous free tier (20M events)
Retroactive event analysis (define events after data collection)
Autocapture capabilities reduce setup time
Funnel, retention, and cohort analysis built-in
Session replay and heatmaps available
Startup program: 1 year free for eligible companies
Excellent documentation and community

The Bad

Event-based pricing can scale quickly at high volumes
Steeper learning curve than simple web analytics
Requires event implementation (autocapture helps but isn't perfect)
Smaller feature set than Amplitude for advanced modeling

The Verdict

Mixpanel is a product analytics platform built for understanding user behavior and product engagement. It excels at funnel analysis, cohort segmentation, and retention metrics—essential for product teams optimizing conversion and growth. Unlike website analytics (Plausible, Fathom), Mixpanel captures every user action as an event, enabling retroactive analysis without predefined event setup.\n\nFor indie hackers and startup founders, Mixpanel's free tier is exceptional: up to 20M events/month, unlimited reports, custom dashboards, and cohorts. The Growth plan ($0.28 per 1K events after 1M free) scales affordably with usage. Eligible startups (founded <5 years, <$8M funding) get their first year free on the Startup Plan with access to all features including experiments and session replays—making this the best product analytics option for early-stage teams.

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Mixpanel Review (2026): Features, Pricing & Alternatives