+81%

est. 2Y upside i

HealthcareSeries A

Rank

#610

Sector

Healthcare Technology

Est. Liquidity

~4Y

Data Quality

Data: Medium

Brellium offers a high-upside, high-risk private equity opportunity: $6.4M ARR growing ~129% YoY, a $54M Series A valuation, and a projected $21.7M ARR in 24 months.

Last updated: August 3, 2026

Bull (30%)+181%

Projected revenue of $21.7M at 7.5x forward revenue yields a $162M exit (3.0x entry), net of 20% dilution gives +181%. Upside expands if an IPO window opens or Brellium cements AI compliance category leadership.

Base (45%)+81%

Exit at 5x forward revenue gives $108M (2.0x entry), net of 20% dilution gives +81%. Multiple converges toward public comps (WK/VEEV/HCAT) despite continued strong growth.

Bear (25%)-40%

Compression to 2x forward revenue yields $43M exit, below the current $54M valuation; net of dilution, -40%. Exit value remains above the $28M liquidation preference, so common stock recovers a little value, but shareholders are underwater.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

52%

Total funding of $28M equals 52% of the $54M entry valuation, so preferred holders take $28M off the top in any liquidation.

Dilution Risk

high

Likely follow-on financing within 24 months; assumed 20% dilution for common/option holders.

Secondary Liquidity

none

No secondary market is indicated from the data; shares are likely illiquid until a liquidity event.

Customer Success — 4 roles

Engineering — 3 roles

People — 2 roles

Sales — 2 roles

Finance — 1 role

Product — 1 role

View all 13 open roles at Brellium →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “How will Brellium respond if Epic/Cerner bundle AI compliance features into core EHR workflows?”

  • 2

    “What is net revenue retention, and how does the reimbursement guarantee impact gross margin as chart volume scales?”

  • 3

    “Can you share the latest 409A valuation and whether there have been any secondary tender offers or liquidity windows?”

Community

Valuation Sentiment

Our model estimates +81% 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.