+45%

est. 2Y upside i

Series A

Cloud pre-factory logistics and procurement for electronics

Rank

#1876

Sector

Supply Chain Management Software

Est. Liquidity

~5Y

Data Quality

Data: Low

Cofactr is a high-patience, high-risk equity situation: a Series A company at ~$4M revenue with 15 employees and an estimated ~$70M valuation carrying $28.8M in liquidation preferences.

Last updated: May 13, 2026

Bull (15%)+300%

Cofactr reaches $15–20M revenue by 2028 (~100% YoY growth) driven by defense/aerospace tailwinds and the Factor.io acquisition, supporting a Series B at ~$220–250M valuation; common equity appreciates ~3–4x on paper from the estimated $70M entry valuation. Realization requires a liquidity event or secondary market access well beyond the 2-year window.

Base (55%)+40%

Revenue grows to $8–10M over two years as Cofactr steadily expands in aerospace and defense, enabling a Series B at roughly $80–100M and lifting common equity paper value ~25–50% from the estimated $70M entry valuation. No near-term liquidity event; upside is purely paper over this horizon.

Bear (30%)-75%

Growth stalls below $6M as SAP Ariba or Coupa expand down-market and hardware-sector CapEx softens, forcing a down-round or acqui-hire at $20–35M. The $28.8M in liquidation preferences absorbs nearly all exit proceeds, leaving common equity with little to no recoverable value.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

41%

$28.8M in total liquidation preferences against an estimated ~$70M post-money valuation means approximately 41% of any exit proceeds are absorbed by preferred shareholders before common stock participates.

Dilution Risk

high

As a Series A company almost certainly requiring 2–3 additional funding rounds before a liquidity event, employees should expect cumulative dilution of 40–60% from future preferred issuances.

Secondary Liquidity

none

At $4M revenue and 15 employees, Cofactr is far too early-stage for any organized secondary market; equity should be treated as fully illiquid for at least 4–6 years.

Other — 1 role

View all 1 open roles at Cofactr →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Defense and aerospace have notoriously long procurement cycles — what is your average sales cycle today, and how are you compressing it at 15 employees?”

  • 2

    “What percentage of revenue comes from platform subscriptions versus logistics transaction fees, and what is your current net revenue retention rate?”

  • 3

    “Can you walk me through the cap table — specifically the liquidation preference multiple and participation rights on the $28.8M in preferred, and the option pool size pre- and post-Series A?”

Community

Valuation Sentiment

Our model estimates +45% 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.