+201%

est. 2Y upside i

AI & MLSeries A

Chalk is building machine learning infrastructure to answer the world’s hardest questions. Our platform is built to power credit, risk, insurance, medical, and recommendation decisions for the world’s most innovative companies.

Rank

#48

Sector

AI Infrastructure

Est. Liquidity

~6Y

Data Quality

Data: Medium

Chalk offers a compelling equity opportunity: a $12.5M ARR company growing 500% YoY with a $500M valuation (40x ARR).

Last updated: August 3, 2026

Bull (20%)+378%

AI inference category expands and Chalk sustains an 11x forward revenue multiple on $226M ARR, reaching a $2.49B exit value. After 20% dilution, employee upside is +378% (pre-dilution +398%).

Base (40%)+342%

Chalk converges to an 8x forward revenue multiple, consistent with public data-infrastructure comps, yielding a $1.81B exit value. After 20% dilution, upside is +342% (pre-dilution +362%).

Bear (40%)-29%

Databricks/Snowflake compete fiercely, compressing the multiple to 2x forward revenue, valuing Chalk at $453M. After 20% dilution, employee upside is -29% (pre-dilution -9%).

Est. time to liquidity~6.0 years

Preference Stack Risk

moderate

Funding Intensity

12%

Total preferred liquidation preference is $60M, ~12% of the $500M entry valuation; common holders are only ahead once $60M is recovered, but this is unlikely to bind at realistic exit values.

Dilution Risk

high

Given the early stage and capital needs, a Series B inside 24 months is likely, requiring a ~20% dilution haircut in any upside scenario.

Secondary Liquidity

none

No secondary market or buyback program is indicated; liquidity will require an IPO or acquisition, likely 5-7 years out.

Other — 2 roles

View all 2 open roles at Chalk →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How do you differentiate from Databricks and Snowflake as they add AI inference and feature-store capabilities?”

  • 2

    “What are your net revenue retention and gross margin trends, and how much of revenue is usage-based vs. subscription?”

  • 3

    “What is the fully diluted share count at the Series A, and what dilution and option pool expansion should new hires expect before an exit?”

Community

Valuation Sentiment

Our model estimates +201% 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.