+117%

est. 2Y upside i

Series B

Rank

#276

Sector

Enterprise Software

Est. Liquidity

~4Y

Data Quality

Data: Medium

Axion offers high-risk/high-reward equity.

Last updated: July 3, 2026

Bull (20%)+285%

Multiple expands to 8x forward revenue (within comp range) driven by IPO window and category leadership in AI quality. Exit valuation ~$1.9B, common stock value after preference increases 285% net of dilution.

Base (40%)+188%

Multiple converges to 4x forward revenue as the company gains traction but remains private. Exit valuation ~$972M, common stock value after preference rises 188% net of dilution.

Bear (40%)-39%

Multiple compresses to 1.2x revenue due to competitive pressure from incumbents (SAP, Oracle) and slow adoption. Exit valuation ~$292M, common stock value falls 38% after preference and dilution.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Funding Intensity

2067%

Total preferred liquidation preference of $62M represents 20.7% of current valuation, meaning common stock sees no value in exits below $62M.

Dilution Risk

high

Company is not profitable and will likely need to raise capital within 2-3 years, implying 15-25% dilution.

Secondary Liquidity

none

No secondary market activity reported; liquidity only via acquisition or IPO.

Delivery & Enterprise Solutions — 3 roles

Go To Market — 2 roles

Operations — 1 role

People Ops & Talent — 1 role

View all 11 open roles at Axion →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Axion plan to defend against SAP/Oracle's existing manufacturing quality relationships?”

  • 2

    “What is the revenue retention rate and net dollar expansion for existing customers?”

  • 3

    “Given the current $120M revenue and $300M valuation, what is the expected dilution from future funding rounds?”

Community

Valuation Sentiment

Our model estimates +117% 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.