-19%

est. 2Y upside i

HealthcareSeries B

Leverage AI to generate protein candidates and improve their properties. More breakthroughs in fewer experiments — guided by your own experimental data.

Rank

#3301

Sector

Biotech / TechBio / AI SaaS

Est. Liquidity

~3Y

Data Quality

Data: Low

Given missing valuation data, analysis confidence is low.

Last updated: July 3, 2026

Bull (10%)+66%

If Cradle achieves category leadership and an IPO window opens, forward multiple could hold at 25x, yielding 66% upside after 20% dilution.

Base (45%)-0%

Multiple converges to 15x, but dilution and preference stack limit upside to near zero.

Bear (45%)-56%

Multiple compresses to 8x due to big tech competition, and preference stack erodes common value, resulting in -56% return after dilution.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

26%

Total funding of $102.5M represents 25.6% of estimated entry valuation, creating significant preference overhang.

Dilution Risk

high

With $102.5M raised and no profitability, further funding likely within 2 years, diluting existing holders by ~20%.

Secondary Liquidity

none

No secondary market activity observed.

Questions to Ask at the Interview

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

  • 1

    How does Cradle's lab-in-the-loop moat compare to Generative AI models from big tech?

  • 2

    What is the company's cash runway and expected time to next fundraise?

  • 3

    How does the preference stack affect common stock value in an acquisition scenario?

Community

Valuation Sentiment

Our model estimates -19% 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.