-93%

est. 2Y upside i

AI & MLSeed

We created Doji because as fashion lovers we were missing a place for exploration, creativity and authenticity when shopping. With Doji you can create an AI likeness of you, making it easy to try on products from different brands, explore new looks, and shop your favorites. To do this we’re developing cutting-edge diffusion models and designing novel, personalized interfaces.

Rank

#2397

Sector

Fashion Technology, Artificial Intelligence

Est. Liquidity

~7Y

Data Quality

Data: Low

Doji operates in an exciting and growing market with strong AI technology, but the equity opportunity for employees is highly risky due to a severe investor preference stack and intense incumbent competition.

Last updated: February 24, 2026

Bull (15%)+300%

Doji achieves significant market penetration and successfully differentiates its technology, leading to a strong acquisition by a major e-commerce or tech player.

Base (40%)+75%

Doji gains some traction but struggles to achieve widespread adoption and faces intense competition, leading to a modest acquisition.

Bear (45%)-80%

Doji fails to gain significant market share against dominant incumbents, leading to a down round or a low-value acquisition where common equity holders receive little to no return.

Est. time to liquidity~7.0 years

Preference Stack Risk

severe

Investors hold a 1x liquidation preference of $14M. In an exit at or below the current $14M valuation, common shareholders (employees) would receive nothing.

Dilution Risk

high

As a seed-stage company, Doji will require multiple future funding rounds, which will significantly dilute existing equity holders.

Secondary Liquidity

none

There is currently no active secondary market for Doji's shares, and it is unlikely to emerge at this early stage.

Engineering — 3 roles

Operations / Marketing — 3 roles

View all 6 open roles at Doji →

Last updated: March 10, 2026

Community

Valuation Sentiment

Our model estimates -93% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.