-60%

est. 2Y upside i

Series A

AI-Powered ERP, MES, and Test Software for Complex Operations

Rank

#481

Sector

Manufacturing Tech

Est. Liquidity

~3Y

Data Quality

Data: Medium

Epsilon3 operates in a large, growing market for complex operations software with strong initial customer traction and a valuable FedRAMP High certification.

Last updated: March 10, 2026

Bull (30%)+300%

Epsilon3 leverages its FedRAMP High solution to secure major government and defense contracts, significantly expanding its market share. New product lines drive adoption in adjacent complex manufacturing sectors, pushing estimated annual revenue to $50M+ by 2028 and justifying a $300M valuation at 6x revenue, a strong multiple for a specialized SaaS.

Base (45%)+100%

Epsilon3 continues to grow steadily within its niche, securing additional key customers in aerospace and defense. Estimated annual revenue reaches $25M by 2028, leading to an acquisition or next funding round at a $150M valuation, reflecting solid execution and market fit.

Bear (25%)-70%

Incumbent players like SAP or AspenTech develop more specialized modules or acquire a smaller competitor, intensifying competition. Epsilon3 struggles to scale beyond its initial customer base, leading to slower growth and a down round or acquisition at a $22.5M valuation, significantly impacting common stock value due to liquidation preferences.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

25%

Investors hold $19M in liquidation preferences ahead of common shareholders, representing 25.3% of the current $75M valuation.

Dilution Risk

high

As a Series A company, Epsilon3 will likely undergo multiple additional funding rounds, leading to significant future dilution for current equity holders.

Secondary Liquidity

none

There is no indication of active secondary markets or tender offers for Epsilon3 equity at this stage.

Engineering — 1 role

General — 1 role

View all 2 open roles at Epsilon3 →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Epsilon3's data — designed to show you've done your homework.

  • 1

    “Given the moderate competitive moat and the presence of large incumbents like SAP and AspenTech, what is Epsilon3's long-term strategy to maintain and expand its market share, particularly as these incumbents potentially develop more specialized offerings?”

  • 2

    “With the recent FedRAMP High certification, how does Epsilon3 plan to leverage this in its go-to-market strategy, and what specific growth targets are associated with expanding into the government and defense sectors?”

  • 3

    “Considering the Series A funding and the current $75M valuation, what is the anticipated timeline for a liquidity event for employees, and how does the company plan to manage potential dilution in future funding rounds?”

Community

Valuation Sentiment

Our model estimates -60% 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.