-26%

est. 2Y upside i

Series B

Industry leaders like Etsy, Robinhood, and Stripe trust Assembled to provide customer-facing AI agents and workforce planning at scale. We automatically resolve millions of interactions through chat, email, and phone while optimizing staffing for hundreds of thousands of support professionals.

Rank

#2894

Sector

Enterprise SaaS

Est. Liquidity

~3Y

Data Quality

Data: Low

Equity upside is highly uncertain due to a stale valuation mark, critical competitive threats, and missing revenue data.

Last updated: July 3, 2026

Bull (10%)+54%

IPO window opens or category leadership achieved; exit multiple expands to 18x on projected $43M ARR, netting ~54% upside after 20% dilution.

Base (45%)-21%

Multiple converges to public comp range of 8x; modest revenue growth yields ~20% downside net of dilution as stale valuation resets.

Bear (45%)-50%

Incumbent threat from Zendesk and AI displaces demand; multiple compresses to 4x, common stock recovers little after preference stack, resulting in ~50% loss.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

1530%

Total preferred funding of $70.7M represents 15.3% of the stale $462M valuation, creating significant overhang for common in downside scenarios.

Dilution Risk

high

No recent funding round since 2022 suggests a raise is likely within 2 years, diluting existing common by an estimated 20%.

Secondary Liquidity

none

No secondary market transactions reported; equity is illiquid with no active tender offers.

Other — 2 roles

View all 2 open roles at Assembled →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “How will Assembled defend against Zendesk's native WFM and AI agents that reduce scheduling needs?”

  • 2

    “What is the current net dollar retention and how has churn trended with large customers?”

  • 3

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

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.