-49%

est. 2Y upside i

DevOps & InfraSeries A

Rank

#3258

Sector

Developer Tools, Video Infrastructure, SaaS

Est. Liquidity

~2Y

Data Quality

Data: Low

Equity upside is highly uncertain given missing valuation and acquisition signal.

Last updated: July 19, 2026

Bull (10%)+35%

Revenue reaches $7.73M by 2026; multiple holds at 8x due to strong category leadership in live video infrastructure and favorable IPO window, yielding ~$61.8M exit. After 20% dilution, net upside ~35%.

Base (55%)-23%

Revenue grows to $7.73M but multiple compresses to 5x (inline with public comps), exit ~$38.7M. After dilution and preference overhang, common equity value falls ~23%.

Bear (35%)-100%

Revenue stagnates or declines; exit multiple falls to 3x (~$23.2M), below $24.5M liquidation preference. Common stock recovery is -100% due to preference stack.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

61%

Total funding $24.5M vs. assumed entry valuation $40M gives a 61% preference overhang, leaving common stock with substantial risk in a downside scenario.

Dilution Risk

high

Last round 3+ years ago; likely need for additional capital within 2 years, implying 15-25% dilution from a down round or flat round.

Secondary Liquidity

none

No secondary market observed; lack of current valuation suggests no active trading.

AI Team — 1 role

Customer Success — 1 role

DevOps Team — 1 role

HR Team — 1 role

Marketing Team — 1 role

Product Team — 1 role

View all 21 open roles at 100Ms →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on 100Ms's data — designed to show you've done your homework.

  • 1

    “How does 100ms differentiate from Twilio Video and Agora in terms of developer experience and pricing?”

  • 2

    “What is the current annual recurring revenue (ARR) breakdown between usage and subscription?”

  • 3

    “Given the acquisition by Disney+ Hotstar, what is the equity instrument being offered and what is the liquidity timeline?”

Community

Valuation Sentiment

Our model estimates -49% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.