+21%

est. 2Y upside i

Series D+

Stage: early. Country: Switzerland

Rank

#1600

Sector

Procurement Technology

Est. Liquidity

~5Y

Data Quality

Data: Low

Archlet offers a compelling AI-native product with strong customer traction, but missing financial data (valuation, growth rate) and high incumbent threat make equity upside highly uncertain.

Last updated: July 3, 2026

Bull (10%)+160%

Revenue grows to $9.8M, multiple expands to 10x due to strong AI differentiation and IPO window. Common equity returns 160% net of 20% dilution.

Base (45%)+48%

Revenue grows to $9.8M, multiple converges to 6x (in line with public comps). Common equity returns 48% net of dilution.

Bear (45%)-36%

Revenue growth slows due to incumbent competition, multiple compresses to 3x. Common equity returns -36% after dilution, above preference overhang.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

55%

Total funding of $19.1M represents 54.6% of estimated entry valuation, giving preferred shareholders significant protection in downside.

Dilution Risk

high

With no recent funding round in 2+ years and no profitability, a new raise is likely within 24 months, diluting existing shareholders by ~20%.

Secondary Liquidity

none

No secondary market activity observed; no liquidity options.

Questions to Ask at the Interview

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

  • 1

    “What is the company's current growth rate and how does it compare to competitors?”

  • 2

    “How do you plan to differentiate against SAP Ariba and Coupa in enterprise deals?”

  • 3

    “What is the company's expected funding path and how will this impact employee equity?”

Community

Valuation Sentiment

Our model estimates +21% 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.