+52%

est. 2Y upside i

FinTechSeries A

A payment network connecting nonprofits to the $250B in DAFs

Rank

#1620

Sector

Fintech, Philanthropy

Est. Liquidity

~5Y

Data Quality

Data: Low

Chariot is a high-risk, potentially high-reward Series A bet in a large and structurally growing niche.

Last updated: May 5, 2026

Bull (22%)+200%

Chariot emerges as the dominant DAF payment rail, achieving 1–2% SAM penetration and raising a Series B at ~$220–250M post-money — roughly 4x the estimated ~$55M Series A post-money valuation. After ~20% dilution from a new round, common stockholders capture ~200% upside and position the company as a compelling acquisition target for a major payment processor or wealth management platform.

Base (53%)+50%

Chariot grows steadily, deepening integrations with nonprofit platforms and DAF providers, and raises a Series B at ~$110–130M — roughly a 2x step-up on the estimated ~$55M Series A post-money. After 20–25% dilution, common stockholders net approximately 50% upside with liquidity remaining 3–5 years away pending a Series C or strategic acquisition.

Bear (25%)-75%

Growth stalls as Stripe, PayPal, or Blackbaud build or acquire comparable DAF payment capabilities, and Chariot fails to raise a Series B at acceptable terms. With $15.4M in senior liquidation preferences against a flat or down-round valuation, common stock is largely wiped out, yielding approximately -75% in a distressed or acqui-hire outcome.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

28%

Total funding of $15.4M sits senior to common stock against an estimated Series A post-money valuation of ~$55M, representing approximately a 28% liquidation preference overhang — squarely in the high-risk tier.

Dilution Risk

high

As a Series A company with likely 2–4 additional funding rounds before a liquidity event, employees should expect 40–60% cumulative dilution from future rounds before any exit proceeds reach common holders.

Secondary Liquidity

none

At 39 employees and Series A stage with no disclosed secondary activity, Chariot shares are effectively illiquid; employees should assume no secondary market access for at least 4–6 years.

Other — 1 role

View all 1 open roles at Chariot →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “What is Chariot's current annualized payment volume processed through DAFpay, and what are the unit economics — take rate per transaction, CAC per nonprofit, and average LTV?”

  • 2

    “How does Chariot plan to defend its market position if Stripe or Blackbaud launches a native DAF payment product, and are there exclusivity or deep-integration agreements with any major DAF providers?”

  • 3

    “What is the full cap table structure — specifically the Series A liquidation preference multiple, participating vs. non-participating terms, and what approximate exit valuation would common stockholders need to see a 2x net return?”

Community

Valuation Sentiment

Our model estimates +52% 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.