Applied Compute

appliedcompute.com →

+17%

est. 2Y upside i

AI & MLSeries B

Applied Compute builds Specific Intelligence for enterprises, unlocking the knowledge inside a company to train custom models and deploy an in-house agent workforce.

Rank

#1668

Sector

Artificial Intelligence, Enterprise Software

Est. Liquidity

~4Y

Data Quality

Data: Low

This opportunity carries high risk due to missing revenue data and early stage; however, the strong competitive moat and recent funding from Kleiner Perkins suggest potential upside.

Last updated: July 19, 2026

Bull (15%)+200%

Applied Compute achieves rapid adoption with enterprise AI agents, driving a 3x valuation to ~$5.2B by 2028, fueled by strong competitive moat and incumbent underperformance in 'Specific Intelligence'.

Base (55%)+30%

Moderate growth with 30% valuation appreciation to ~$1.7B as the company scales revenue but faces multiple compression from public comps averaging 8x forward revenue.

Bear (30%)-97%

Stagnant revenue growth and strong competition from big AI labs lead to a distressed exit below $160M, wiping out common equity after a 1x non-participating preference.

Est. time to liquidity~4.0 years

Preference Stack Risk

moderate

Funding Intensity

12%

Total funding of $160M represents 12.3% of current valuation, manageable but still a preference overhang in downside scenarios.

Dilution Risk

high

Early-stage company likely to issue additional option grants, diluting existing common stock by 10-20% over 2 years.

Secondary Liquidity

none

No secondary market activity; employee equity is illiquid until an IPO or acquisition.

Questions to Ask at the Interview

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

  • 1

    “How does Applied Compute's 'Specific Intelligence' differ from general-purpose models, and what is the measurable ROI for enterprises?”

  • 2

    “What is the current annual recurring revenue and customer concentration?”

  • 3

    “What is the expected timeline to liquidity, and are there any secondary sale opportunities for employees?”

Community

Valuation Sentiment

Our model estimates +17% 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.