+26%

est. 2Y upside i

Vertical SaaSSeries A

Rank

#2096

Sector

PropTech

Est. Liquidity

~5Y

Data Quality

Data: Low

Aptly shows strong growth but faces critical threats from incumbents and requires a fresh valuation.

Last updated: July 3, 2026

Bull (15%)+96%

If Aptly sustains 72% YoY growth and expands market share in property management AI, exit multiple could hold at 10x forward revenue, implying a $67M exit.

Base (40%)+42%

With typical SaaS multiple compression to 7.5x, 2-year projected revenue of $6.7M yields $50M exit, net of 20% dilution.

Bear (45%)-12%

Intense competition from RealPage and Yardi pressures growth and multiple to 5x, resulting in $33.5M exit; after 20% dilution, common stock returns negative; preference overhang is substantial at 27% of entry valuation.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

27%

Total funding $8.5M against estimated $31M valuation gives a 27% preference overhang, meaning preferred investors hold significant liquidation priority.

Dilution Risk

high

With last round in Jan 2020 and current burn likely high, a new raise within 2 years is expected, diluting employee equity by ~20% or more.

Secondary Liquidity

none

No secondary trades reported; stock is illiquid.

Questions to Ask at the Interview

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

  • 1

    “How does Aptly differentiate from RealPage's AI efforts and maintain its integration moats?”

  • 2

    “Given the 2020 Series A valuation is stale, how does the management plan to achieve a liquid event for employees?”

  • 3

    “What is the expected timeline for the next fundraising round and how will it impact employee equity dilution?”

Community

Valuation Sentiment

Our model estimates +26% 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.