0%

est. 2Y upside i

DevOps & InfraSeries A

Rank

#2823

Sector

Developer Tools

Est. Liquidity

~5Y

Data Quality

Data: Low

Equity in Appwrite carries extremely high uncertainty due to a complete lack of financial data and a stale valuation from 2022.

Last updated: July 3, 2026

Bull (10%)0%

Given no financial data, a bull case is speculative. If Appwrite achieves strong market adoption and edges out competitors, but lack of numbers prevents quantification.

Base (55%)0%

Base case assumes moderate growth in line with developer tools sector, but without revenue or valuation data, upside cannot be calculated.

Bear (35%)0%

Critical threat from Google Firebase and Supabase, combined with stale valuation and no profitability, lead to a high likelihood of downside. Without financials, common stock likely worth near zero.

Est. time to liquidity~5.0 years

Preference Stack Risk

moderate

Funding Intensity

0%

Total funding of $37M over an unknown valuation implies moderate preference overhang; common stock may be diluted in a downside scenario.

Dilution Risk

high

With no recent funding and a cash runway unclear, a down round or further dilution is likely within 24 months.

Secondary Liquidity

none

No secondary market activity noted; liquidity unlikely until an exit event.

View all 2 open roles at Appwrite

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    How does Appwrite plan to differentiate from Google Firebase and Supabase in acquiring paying customers?

  • 2

    What is the current monthly recurring revenue and customer churn rate?

  • 3

    Has the company discussed a timeline for an IPO or secondary sale to provide liquidity?

Community

Valuation Sentiment

Our model estimates 0% 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.