-33%

est. 2Y upside i

Rank

#3003

Sector

RegTech

Est. Liquidity

~2Y

Data Quality

Data: Low

Despite strong revenue growth (30% YoY) and profitability, the heavy preference overhang of $471M (94% of estimated $500M valuation) makes common equity highly risky.

Last updated: July 3, 2026

Bull (15%)+78%

IPO window opens, driving multiple expansion to 10x forward revenue. Exit value ~$890M, delivering 78% upside from estimated $500M entry valuation.

Base (45%)-11%

Multiple converges to public comp median of 5x. Exit value ~$445M, resulting in -11% downside.

Bear (40%)-100%

Multiple compresses to 3x, exit ~$267M below total funding of $471M. Preference stack wipes out common equity, yielding -100% return.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

9420%

Total funding $471M represents 94% of estimated entry valuation $500M, leaving common stock highly subordinated.

Dilution Risk

low

Recent $175M raise and profitability provide long runway; no imminent dilution expected within 2 years.

Secondary Liquidity

none

No secondary market data available; liquidity likely tied to IPO or acquisition.

View all 23 open roles at Behavox →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Behavox's proprietary LLM maintain a defensible moat against incumbents like Microsoft Purview or general-purpose AI models?”

  • 2

    “What are the key growth levers—customer expansion vs new logos—and how does the subscription model support recurring revenue?”

  • 3

    “Given the preference-heavy capital structure, what is your expected timeline to liquidity and how should I evaluate the equity package in terms of common stock value?”

Community

Valuation Sentiment

Our model estimates -33% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.