-74%

est. 2Y upside i

DevOps & InfraAI & MLSeries A

Autonomous coding agent right in your IDE, capable of creating/editing files, executing commands, using the browser, and more with your permission every step of the way.

Rank

#2346

Sector

Developer Tools, AI

Est. Liquidity

~4Y

Data Quality

Data: Low

Cline is an early-stage AI coding agent with strong user adoption and promising enterprise traction, including notable customers like Samsung and SAP, and a recent integration with Microsoft Sentinel.

Last updated: March 10, 2026

Bull (20%)+300%

Cline's open-source, transparent, and 'bring your own inference' model becomes the enterprise standard for secure AI coding, driving rapid adoption of 'Cline Teams' and expanding integrations (e.g., deeper Microsoft partnerships). Revenue scales significantly, justifying a $440M+ valuation (4x current) as it captures a substantial share of the growing $5.2B SAM.

Base (40%)+30%

Cline maintains its niche in the developer tools market, appealing to privacy-conscious enterprises and individual developers. Growth is steady but constrained by incumbent competition, leading to a modest valuation increase to ~$143M (1.3x current) as it continues to build out enterprise features and expand its user base.

Bear (40%)-80%

Dominant incumbents like Microsoft (GitHub Copilot) and Google (Gemini) integrate similar 'bring your own inference' or client-side security features, commoditizing Cline's core offering. The recent 'Clinejection' vulnerability erodes enterprise trust, leading to stalled growth and a down round to ~$22M, wiping out most common stock value due to the $32M liquidation preference.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Investors hold $32M in liquidation preferences ahead of common shareholders on a $110M valuation.

Dilution Risk

high

As a Series A company, Cline will likely require additional funding rounds, leading to further dilution for current equity holders.

Secondary Liquidity

none

Cline currently has low market activity with no active buyers or sellers in private markets.

Other — 6 roles

View all 6 open roles at Cline →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given the strong competition from incumbents like GitHub Copilot and Google's Gemini, how does Cline plan to differentiate and maintain its competitive edge, especially with its 'bring your own inference' model?”

  • 2

    “With the recent 'Clinejection' vulnerability and supply chain attack, what specific measures are being implemented to enhance security and rebuild trust with enterprise clients, particularly those with 'Zero Trust' requirements?”

  • 3

    “Considering the $32M in liquidation preferences on a $110M valuation, what is the company's strategy for achieving a valuation that provides meaningful returns for common stock holders, and what is the anticipated timeline for a liquidity event?”

Community

Valuation Sentiment

Our model estimates -74% 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.