-52%

est. 2Y upside i

AI & MLSeries D+

Rank

#3698

Sector

Industrial AI

Est. Liquidity

~2Y

Data Quality

Data: Medium

Given the low revenue growth (6.7% YoY) and high preference overhang ($369M out of $1.1B), even in a bull case the 2-year return is near zero after dilution.

Last updated: July 3, 2026

Bull (15%)-0%

With strong moat and IPO tailwind, exit multiple could hold at 7x, but low growth caps upside; projected revenue $188M gives 19.8% gross upside, but 20% dilution erodes it to ~0%.

Base (45%)-26%

Multiple convergence to 5.5x yields -5.9% gross upside; net of 20% dilution, -25.9%.

Bear (40%)-100%

Incumbent pressure and slowing growth compress multiple to 1.9x; exit value $357.8M below $369M preference stack, common stock recovers nothing (-100%).

Est. time to liquidity~2.0 years

Preference Stack Risk

high

Funding Intensity

3350%

Total preferred liquidation preference of $369 million represents 33.5% of current valuation, high risk for common stock in downside scenarios.

Dilution Risk

high

Assumed 20% dilution from potential future issuance ahead of liquidity event.

Secondary Liquidity

none

No secondary trading reported; liquidity only via IPO or acquisition.

Questions to Ask at the Interview

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

  • 1

    “How does Augury plan to accelerate revenue growth beyond 6.7%?”

  • 2

    “What is the timeline for an IPO and how will the preference stack be addressed?”

  • 3

    “Given the layoffs, what is the current burn rate and path to free cash flow?”

Community

Valuation Sentiment

Our model estimates -52% 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.