-54%

est. 2Y upside i

FinTechVertical SaaSAI & MLSeries A

Adaptive is a fintech platform that automates finance for builders and remodelers. Bills, receipts, free payments, budgets, invoices, draws - everything synced with QB.

Rank

#3317

Sector

Fintech, Construction Tech, AI/SaaS

Est. Liquidity

~5Y

Data Quality

Data: Low

Analysis is highly uncertain due to missing financial data.

Last updated: July 19, 2026

Bull (25%)-11%

If Adaptive maintains high growth and achieves an IPO window, the multiple could hold at 15x, yielding 11% upside before dilution. Post-20% dilution, return is -11.2%.

Base (50%)-53%

Multiple converges to 8x (public comp range), revenue reaches $5.1M, exit value $40.8M. Pre-dilution return -41%, post-20% dilution -52.8%.

Bear (25%)-100%

Exit value below $26.4M preference stack, common stock is wiped out, resulting in -100% return.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

38%

Total funding $26.4M represents 38% of assumed valuation, creating high preference overhang.

Dilution Risk

high

Likely needs Series B within 2 years, causing 15-25% dilution.

Secondary Liquidity

none

No secondary market data available.

Engineering — 4 roles

Product — 1 role

Solutions — 1 role

View all 12 open roles at Adaptive →

Last updated: September 6, 2026

Questions to Ask at the Interview

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

  • 1

    “What is your current ARR and growth rate?”

  • 2

    “How do you plan to achieve profitability?”

  • 3

    “What is the 409A valuation?”

Community

Valuation Sentiment

Our model estimates -54% 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.