-58%

est. 2Y upside i

Sales & MarketingSeries D+

Agile commission software to design, deploy & adapt commission plans.

Rank

#4035

Sector

Sales Tech / RevOps

Est. Liquidity

~4Y

Data Quality

Data: Medium

Real business ($35M ARR) but layoffs signal and SAP incumbent pressure create headwinds. $1.25B at 36x ARR is rich for a commission management tool.

Last updated: March 22, 2026

Bull (20%)+80%

Growth reaccelerates; acquired at $2B by Workday/SAP.

Base (50%)-10%

$50-60M ARR; exit at $700M-1B; flat from entry.

Bear (30%)-60%

SAP bundles; layoffs continue; down round.

Est. time to liquidity~4.0 years

Preference Stack Risk

moderate

Funding Intensity

13%

$168M on $1.25B (13.4%).

Dilution Risk

moderate

Growth may not justify another up-round.

Secondary Liquidity

none

No known secondary.

Questions to Ask at the Interview

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

  • 1

    “Layoff context and growth trajectory?”

  • 2

    “SAP competitive win/loss?”

  • 3

    “Profitability path?”

Community

Valuation Sentiment

Our model estimates -58% 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.