-93%

est. 2Y upside i

FinTechSeries C

Rank

#3725

Sector

Fintech

Est. Liquidity

~5Y

Data Quality

Data: Low

The equity upside appears severely negative over a 2-year horizon.

Last updated: July 19, 2026

Bull (15%)-80%

Exit at 10x revenue ($330M) via IPO or category leadership, still 60% below entry; after 20% dilution, net -80%.

Base (50%)-92%

Exit at 7x revenue ($231M) converging to public comps, 72% below entry; after dilution -92%.

Bear (35%)-100%

Exit below $172M (4x revenue = $132M), preference stack wipes out common; -100% return.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

21%

$172M total funding equals 21% of current $825M valuation, creating a high preference overhang.

Dilution Risk

high

Last funding round was 4 years ago; a new round within 2 years is likely, diluting existing shareholders by 15-25%.

Secondary Liquidity

none

No secondary market activity indicated; no liquidity options for employees.

Go to Market — 2 roles

Product Partnerships — 2 roles

Marketing — 1 role

Product — 1 role

View all 10 open roles at Codat →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “What is your current ARR and growth rate, and how do you plan to accelerate enterprise adoption?”

  • 2

    “How do you differentiate from Plaid and in-house solutions from large banks?”

  • 3

    “What is the expected timeline to profitability or an exit, and how will future funding rounds affect employee equity?”

Community

Valuation Sentiment

Our model estimates -93% 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.