-43%

est. 2Y upside i

E-CommerceSeries B

Rank

#3617

Sector

Mobile Commerce

Est. Liquidity

~3Y

Data Quality

Data: Low

Given the stale 2015 valuation, lack of financial data, and high preference overhang of $34.5M (29.7% of entry valuation), the equity in Curbside is highly speculative with a negative expected return of -43% over 2 years.

Last updated: July 3, 2026

Bull (15%)+100%

Moderate growth and eventual exit at 8x revenue yield 100% upside after dilution, driven by continued adoption of curbside pickup with major retailers.

Base (45%)-40%

Modest growth with multiple compression leads to -40% return after preference and dilution, as competition from big tech and POS platforms limits market share.

Bear (40%)-100%

Failure to compete with incumbents results in exit below liquidation preference of $34.5M, rendering common stock worthless.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

30%

Total funding of $34.5M represents 29.7% of the entry valuation, creating a high preference overhang that reduces common stock value in most scenarios.

Dilution Risk

high

Given the time since last funding, a new round is likely within 24 months, potentially diluting existing shareholders by ~20% or more.

Secondary Liquidity

none

No secondary market data available; mark is stale.

Questions to Ask at the Interview

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

  • 1

    How has the company's revenue and ARR evolved since the 2015 Series B? What is the current growth rate?

  • 2

    What is the company's strategy to compete against Apple and Google's mapping integrations?

  • 3

    What is the expected timeline to liquidity, and is an IPO or acquisition being considered?

Community

Valuation Sentiment

Our model estimates -43% 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.