+47%

est. 2Y upside i

Data & AnalyticsSeries B

Building out Dagster, the data orchestration platform built for productivity. Join the team that is hard at work, setting the standard for developer experience in data engineering.

Rank

#1018

Sector

Data Orchestration

Est. Liquidity

~2Y

Data Quality

Data: Low

Equity upside potential is moderate but uncertain due to the recent acquisition, stale valuation, and high incumbent threat.

Last updated: July 19, 2026

Bull (20%)+204%

Exit multiple holds at 8x due to category leadership and successful integration into Prefect, yielding $636M exit; diluted upside 204%.

Base (35%)+98%

Exit multiple converges to public comp floor of 6x, yielding $477M exit; diluted upside 98%.

Bear (45%)-14%

Exit multiple compresses to 2x due to incumbent threat and founder departure, yielding $159M exit; diluted downside -14%.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

33%

Total funding of $49.2M represents 33% of entry valuation, creating a large preference overhang.

Dilution Risk

high

Given limited runway from 2023 round, additional financing or further equity grants likely within 24 months, adding 20% dilution.

Secondary Liquidity

none

No secondary market exists; liquidity depends on an exit event.

Questions to Ask at the Interview

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

  • 1

    How does Prefect plan to integrate Dagster’s product and team, and what is the roadmap for the combined platform?

  • 2

    What is the current ARR and growth rate for the combined entity post-acquisition?

  • 3

    What is the expected liquidity timeline for Prefect equity, and is there a secondary market?

Community

Valuation Sentiment

Our model estimates +47% 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.