-93%

est. 2Y upside i

DevOps & InfraSeries D+

Apollo helps engineering teams accelerate delivery

Rank

#3727

Sector

Developer Tools

Est. Liquidity

~3Y

Data Quality

Data: Low

Equity in Apollo is highly speculative with expected downside of ~93% over 2 years due to an inflated $1.5B valuation from 2021, while revenue is only $37M.

Last updated: July 19, 2026

Bull (10%)-77%

Bull case assumes exit multiple expands to 12x driven by IPO window and AI agent trend, but high entry valuation leads to severe loss.

Base (55%)-92%

Base case assumes multiple converges to 8x in line with public comps, resulting in ~71% decline before dilution.

Bear (35%)-100%

Bear case assumes multiple compresses to 4x due to incumbent competition and no IPO, leading to total loss for common stock after dilution.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

1220%

Total preferred liquidation overhang is $183.2M, representing 12.2% of the $1.5B valuation.

Dilution Risk

high

No funding since 2021; likely need to raise within 2 years, implying 15-25% dilution.

Secondary Liquidity

none

No secondary market activity detected; liquidity only via M&A or IPO.

Questions to Ask at the Interview

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

  • 1

    How would Apollo defend against AWS AppSync and Google's API management tools?

  • 2

    What drives Apollo's unit economics and how does usage-based pricing scale with supergraph complexity?

  • 3

    Given the stale valuation and high risk, what is your expected timeline to liquidity and what signals would indicate an inflection?

Community

Valuation Sentiment

Our model estimates -93% upside. What do you think?

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Community Discussion

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