+41%

est. 2Y upside i

Climate TechSeries A

Carbon markets platform and solutions

Rank

#2004

Sector

Climate Tech

Est. Liquidity

~5Y

Data Quality

Data: Low

Abatable is a speculative bet on the voluntary carbon market maturing around a quality-over-volume thesis, but the risk profile for a job candidate is uncomfortably high.

Last updated: May 14, 2026

Bull (15%)+200%

VCM's quality-over-volume shift crystallizes by 2028 and Abatable becomes the de-facto intelligence and procurement layer, reaching $15M+ ARR and raising a Series B at ~15x ARR (~$225M valuation). Common-stock holders see ~200% paper upside from an estimated ~$50M post-Series A baseline, assuming one additional dilutive round.

Base (55%)+60%

Abatable grows to ~$8M ARR by end of 2027 and raises a Series B at a modest 10x ARR (~$80M valuation), delivering roughly 60% paper upside from the estimated ~$50M baseline. Progress is real but the VCM recovery is uneven, corporate ESG commitments remain under pressure, and the next round introduces 20-25% dilution.

Bear (30%)-75%

Sustained ESG/carbon-credit credibility headwinds and weakening corporate climate commitments suppress VCM transactional volume; Abatable stalls near $5M ARR and cannot raise Series B on favorable terms. The $18.4M preference stack absorbs the majority of proceeds in a down-round or distressed sale, near-wiping common stock.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

37%

Total funding of $18.4M against an estimated post-Series A valuation of ~$50M implies liquidation preferences representing ~37% of enterprise value, firmly in the severe (>30%) tier.

Dilution Risk

high

Abatable will require at least one more significant equity raise (Series B) before any liquidity event, likely diluting current common holders by 20–30% in that single round alone.

Secondary Liquidity

none

No secondary market activity is evident for a UK-based, 32-person Series A climate tech company; employee shares are effectively illiquid until a formal M&A or IPO exit.

View all 4 open roles at Abatable →

Last updated: February 17, 2026

Questions to Ask at the Interview

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

  • 1

    “What is the company's current ARR and trailing 12-month growth rate, and what is the projected runway before the next funding round?”

  • 2

    “How has the Ecosphere+ acquisition performed in terms of incremental revenue and margin contribution since April 2023?”

  • 3

    “What are the specific liquidation preference terms (1x non-participating vs. participating) and anti-dilution provisions attached to the Series A?”

Community

Valuation Sentiment

Our model estimates +41% 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.