+95%

est. 2Y upside i

FinTechSeries A

Rank

#659

Sector

Fintech, Accounting Software

Est. Liquidity

~5Y

Data Quality

Data: Low

Double 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

Bull (28%)+280%

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.

Base (42%)+85%

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.

Bear (30%)-65%

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.

Est. time to liquidity~5.0 years

Preference Stack Risk

moderate

Funding 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

high

A 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

none

At 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.

Sales 3 roles

Success 2 roles

Operations 1 role

View all 9 open roles at Double

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.