-26%

est. 2Y upside i

Series C

Cometeer is a technology-driven company that is reshaping the global coffee industry. It provides a new-format coffee capsule with the quality of specialty coffee. Its capsules are delivered frozen to the consumer's door; all the consumer has to do is peel back the lid, add water or milk, and enjoy (no machine required).

Rank

#2985

Sector

Food and Beverage

Est. Liquidity

~4Y

Data Quality

Data: Medium

Fast-growing (~$32M revenue, expanding retail to over 450 stores) in a large market, Cometeer benefits from a strong proprietary technology moat and profitability.

Last updated: March 10, 2026

Bull (25%)+120%

Cometeer successfully leverages its proprietary flash-freezing technology and premium roaster partnerships to significantly expand its retail footprint to over 2,000 stores and grow its D2C subscription base, pushing revenue to over $70M by 2028. This strong growth and market leadership in the premium single-serve segment justifies a $1.9B valuation, representing a 120% upside.

Base (40%)+40%

Cometeer maintains its niche in the premium single-serve coffee market, growing its D2C and retail presence steadily to reach ~$45M in revenue by 2028. While facing continued competition from incumbents, its strong brand and unique product allow for a modest valuation increase to $1.2B, a 40% upside.

Bear (35%)-55%

Increased competition from established players like Nespresso and Keurig, coupled with high capital intensity and challenges in scaling retail distribution profitably, leads to slowed growth and operational inefficiencies. A down round or acquisition at a reduced valuation of $390M results in a 55% loss for common stock holders, significantly impacted by liquidation preferences.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Funding Intensity

23%

Investors hold $195M in liquidation preferences ahead of common stock holders, representing 22.5% of the current $865M valuation.

Dilution Risk

high

Given the Series C stage, high capital intensity, and past layoffs, further dilution from future funding rounds is likely.

Secondary Liquidity

none

There is no public information suggesting active secondary markets or tender offers for Cometeer equity.

Other — 1 role

View all 1 open roles at Cometeer →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given the reported past layoffs and slowed growth in early 2023, what specific strategies has Cometeer implemented to ensure sustainable growth and employee retention moving forward?”

  • 2

    “Cometeer's valuation of $865M on ~$32M revenue implies a high multiple. How does the company plan to justify and grow into this valuation, particularly as it expands into more competitive retail channels alongside its D2C model?”

  • 3

    “With $195M in total funding and a Series C round, what is the company's anticipated timeline and strategy for a liquidity event (e.g., IPO or acquisition) for common stock holders, and how does the preference stack impact this?”

Community

Valuation Sentiment

Our model estimates -26% 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.