Double
+95%
est. 2Y upside i
Rank
#659
Sector
Fintech, Accounting Software
Est. Liquidity
~5Y
Data Quality
Data: LowDouble is a compelling but speculative Series A bet for a job seeker: the company's $31.7M revenue on just $12.5M in total funding signals unusually strong unit economics, and the Intuit Platinum Partnership provides distribution leverage most early-stage competitors cannot match.
Last updated: May 14, 2026
Double sustains 50%+ YoY growth, reaching ~$70M ARR by 2028 with the Intuit Platinum Partnership accelerating distribution into the QuickBooks ecosystem; a Series B/C at 8-10x ARR implies a $500-600M valuation, roughly 5-6x the estimated ~$100M post-money Series A implied value. The company becomes a top acquisition target for Intuit, Thomson Reuters, or a PE-backed practice management rollup, with common stockholders realizing outsized gains despite preferred overhang.
Growth moderates to 30-35% as competition from Karbon, Canopy, and a potentially more aggressive Intuit intensifies; Double reaches ~$48M ARR by 2028 and raises a Series B at 5-6x ARR, implying a valuation of ~$240-290M, roughly 2.4-2.9x the estimated $100M Series A post-money. Future-round dilution of 20-25% tempers realized employee upside to approximately 85% in paper value over the two-year window.
Growth decelerates sharply below 20% YoY as Intuit natively builds close management features into QuickBooks and well-funded competitors win key CPA firm segments; Series B proves elusive or prices as a down round, compressing the implied valuation toward $35-50M. With $12.5M in liquidation preferences ahead of common stock, employees see the bulk of their paper equity wiped out, leaving a -65% or worse outcome.
Preference Stack Risk
moderateFunding Intensity
13%With $12.5M in total liquidation preferences against an estimated ~$100M post-money Series A valuation, preferred stock represents approximately 12.5% of current implied value — within the moderate range and not structurally punishing in upside scenarios, but this ratio will worsen with each subsequent fundraise.
Dilution Risk
highA Series A company at 84 employees will almost certainly require a Series B and likely a Series C before any liquidity event, with each round typically diluting existing shareholders by 15-25%, implying cumulative employee dilution of 30-50% from today's grant before exit.
Secondary Liquidity
noneAt Series A with $12.5M total funding and no disclosed secondary activity, employee shares are fully illiquid with no realistic tender offer or secondary market access expected within the 2-year horizon.
Engineering — 3 roles
- Senior/Staff Full Stack Engineer (ARG based only) · Buenos Aires
- Senior/Staff Full Stack Engineer (BR based only) · São Paulo/Belo Horizonte (Remote)
- Senior/Staff Full Stack Engineer (UY based only) · Montevideo
Sales — 3 roles
- Account Executive, Corporate Close · Salt Lake City Office (or Remote)
- SDR (Central & Eastern Time Zones) · United States (Remote)
- SDR (Pacific & Mountain Time Zones) · United States (Remote)
Success — 2 roles
- Customer Success Manager · New York Office (or Remote)
- Implementation Specialist · New York Office (or Remote)
Operations — 1 role
- Executive Assistant · Philippines (Remote)
Last updated: March 10, 2026
Questions to Ask at the Interview
Strategic questions based on Double's data — designed to show you've done your homework.
- 1
“What is the post-money valuation from the December 2025 Series A, and how does the cap table break down between founders, YC, Album Ventures, and the employee option pool — specifically what percentage does the pool represent today?”
- 2
“What is your average annual revenue per accounting firm client and your net revenue retention rate — are existing clients expanding usage over time, and what does logo churn look like?”
- 3
“How does the Intuit Platinum Partnership contractually protect Double if Intuit decides to build ledger-level close management features natively into QuickBooks Accountant, and is there any exclusivity or acquisition right of first refusal embedded in the partnership?”
Community
Valuation Sentiment
Our model estimates +95% 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.