+17%

est. 2Y upside i

FinTechSeries A

Duna is a business onboarding platform for regulated companies — including large banks, fintechs, platforms and financial institutions. Our mission is to build global trust infrastructure by providing a digital passport for every business. Over time, this will evolve into a network for shareable identity and one-click onboarding.

Rank

#1660

Sector

Fintech

Est. Liquidity

~5Y

Data Quality

Data: Low

Duna offers a high-risk, high-reward opportunity with an expected 2-year upside of ~17% based on assumed parameters.

Last updated: July 19, 2026

Bull (25%)+111%

Duna achieves market leadership in AI business identity, driving 12x forward revenue multiple at exit. Common equity after preference returns 126%, net of 15% dilution = 111%.

Base (50%)+17%

Multiple converges to comp range of 8x forward revenue. Common equity returns 32%, net of 15% dilution = 17%.

Bear (25%)-78%

Growth disappoints and multiple compresses to 4x. Exit value $72M, common gets $28M after $44M preferred, a 63% loss, worsened by 15% dilution to -78%.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

37%

$44M in preferred stock sits senior to common, representing 37% of post-money valuation.

Dilution Risk

moderate

Likely need to raise Series B within 12-18 months, causing ~15% dilution to existing common.

Secondary Liquidity

none

No known secondary market activity for Duna shares.

Engineering — 5 roles

Design — 1 role

Open application — 1 role

Other — 1 role

View all 14 open roles at Duna →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Duna's corporate graph create defensibility compared to legacy identity providers?”

  • 2

    “What is the unit economics for a typical customer (e.g., Plaid)?”

  • 3

    “Given the recent Series A, what is the expected runway and timing for Series B?”

  • 4

    “How does the equity package compare to public company RSUs in terms of liquidity and risk?”

Community

Valuation Sentiment

Our model estimates +17% 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.