ComplyAdvantage

-10%

est. 2Y upside i

Series C

AI-driven financial crime detection and compliance platform

Rank

#3236

Sector

RegTech

Est. Liquidity

~2Y

Data Quality

Data: Low

The equity offer is risky and offers low expected upside (-10.4%) over 2 years due to stale valuation, competitive pressure, and expected dilution.

Last updated: July 3, 2026

Bull (15%)+26%

IPO window expands multiple to 8x forward revenue; exit value ~$301M. After 20% dilution, net upside +25.8%.

Base (55%)-6%

Multiple converges to 6x comp average; exit ~$225M. Dilution wipes out upside, net -5.7%.

Bear (30%)-37%

Multiple compresses to 4x due to competitive pressure; exit ~$150M. Preference stack reduces common recovery; net -37.1%.

Est. time to liquidity~2.0 years

Adjusted for competitive dynamics: -15% (raw: -10%, adjustment: -5%)

Preference Stack Risk

high

Funding Intensity

2620%

Estimated total funding of $50M represents 26% of entry valuation ($191M), creating significant preference overhang.

Dilution Risk

high

No funding since 2021 and unprofitable operations suggest a raise within 24 months is likely, estimated 20% dilution.

Secondary Liquidity

none

No secondary market data exists; employee equity is illiquid until an exit.

Questions to Ask at the Interview

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

1
“How does ComplyAdvantage's data moat evolve as incumbents like LexisNexis invest in AI?”
2
“What is the path to profitability and how much runway remains before the next fundraising round?”
3
“Given the stale valuation, how does the company think about secondary liquidity options for employees?”

Our model estimates -10% 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.