-38%

est. 2Y upside i

FinTechSeries A

The gold standard in cryptocurrency portfolio tracking and taxes

Rank

#3095

Sector

Fintech

Est. Liquidity

~4Y

Data Quality

Data: Low

Equity upside is highly unattractive over 2-year horizon.

Last updated: July 19, 2026

Bull (30%)+25%

If crypto market booms and CoinTracker achieves IPO, multiple could expand to 20x, yielding exit ~$1.89B. After 20% dilution, upside ~25%.

Base (45%)-47%

Multiple compresses to 10x (comp range high), exit ~$945M, far below entry. After dilution, loss of ~47%.

Bear (25%)-98%

Multiple collapses to 3x (comp range low), exit ~$283.5M, near-total loss. Dilution makes it worse.

Est. time to liquidity~4.0 years

Preference Stack Risk

low

Funding Intensity

440%

Total preferred liquidation preference of $102M is only 7.8% of valuation, so common stock is not heavily burdened.

Dilution Risk

high

With no new funding in 4 years and $23M ARR, a down round or large raise is likely, diluting common shareholders by 15-25%.

Secondary Liquidity

none

No secondary market data available; employees likely have no liquidity until an exit event.

Engineering — 3 roles

Finance — 2 roles

Design — 1 role

Executive — 1 role

Legal — 1 role

Marketing — 1 role

Operations — 1 role

View all 10 open roles at CoinTracker →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does CoinTracker plan to defend its moat against TaxBit and potential in-house solutions from Intuit?”

  • 2

    “What is the path to profitability given the high burn rate and need for future funding?”

  • 3

    “How does the equity compensation work? Is there a secondary market for employee shares?”

Community

Valuation Sentiment

Our model estimates -38% 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.