-73%

est. 2Y upside i

FinTechSeries A

Carry is everything you need to build wealth as an entrepreneur, freelancer, consultant or independent business owner. Whether that's setting up a Solo 401k or a Mega Backdoor Roth, Carry helps you do (even the most complex) wealth building strategies with ease.

Rank

#2078

Sector

Fintech

Est. Liquidity

~6Y

Data Quality

Data: Medium

Carry presents a moderate upside opportunity for a job seeker, driven by its specialized niche in tax-advantaged accounts and alternative investments for business owners within a large and growing market.

Last updated: March 10, 2026

Bull (15%)+300%

Carry successfully expands its specialized tax-advantaged investment platform, capturing significant market share among business owners and high earners. AUM grows rapidly to over $500M, justifying a $300M valuation (4x current) as a leader in its niche.

Base (45%)+75%

Carry maintains steady growth within its niche, attracting a solid base of business owners and professionals. AUM reaches approximately $150M-$200M, leading to a valuation of around $131M (1.75x current) through continued product development and moderate market penetration.

Bear (40%)-80%

Dominant incumbents like Fidelity or Schwab expand their specialized offerings, or well-funded competitors gain traction, limiting Carry's growth. AUM stagnates or declines, leading to a down round or acquisition at a significantly reduced valuation of $15M, wiping out most common stock value due to liquidation preferences.

Est. time to liquidity~6.0 years

Preference Stack Risk

high

Funding Intensity

19%

Investors have $14M in liquidation preferences ahead of common shareholders on a $75M valuation.

Dilution Risk

high

As a Series A company, Carry will likely require several more funding rounds, leading to significant future dilution for common shareholders.

Secondary Liquidity

none

There is no active secondary market for an early-stage company of this size.

Questions to Ask at the Interview

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

  • 1

    “How is Carry planning to differentiate its specialized tax-saving strategies and alternative investment offerings to maintain its competitive moat against larger incumbents like Fidelity or Schwab, especially as they expand their digital wealth management services?”

  • 2

    “With $74.5M in AUM as of December 2024 and a $199/month Solo 401k plan, what are the key metrics and growth strategies the company is focused on to scale its AUM and revenue significantly over the next two years?”

  • 3

    “Given the Series A funding and the current valuation, what is the company's anticipated timeline for a liquidity event, and how is Carry thinking about managing potential dilution for employees in future funding rounds?”

Community

Valuation Sentiment

Our model estimates -73% 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.