+79%

est. 2Y upside i

FinTechHR TechSeries A

Every is the operating system for your back office, combining incorporation, banking, payroll, accounting, HR, taxes, and compliance—all in one place.

Rank

#1066

Sector

Fintech, HR Software

Est. Liquidity

~5Y

Data Quality

Data: Medium

Every.io presents a moderate upside opportunity for a job seeker, driven by its innovative integrated back-office solution for startups in a large market.

Last updated: March 10, 2026

Bull (20%)+400%

Every.io successfully expands its integrated back-office platform, leveraging its 'free incorporation' and 'lawyer-like product' to rapidly acquire startups. It captures significant market share from point solutions and even larger incumbents like Rippling, pushing ARR to $50M+ by 2028 and justifying a $600M+ valuation at 12x ARR, driven by strong network effects and switching costs.

Base (35%)+100%

Every.io continues to grow steadily within the startup segment, maintaining its integrated offering but facing persistent competition from well-funded players like Mercury and Gusto. ARR reaches $15M-$20M by 2028, leading to an acquisition or later-stage funding round at a $240M valuation, representing a 12-16x ARR multiple.

Bear (45%)-80%

Dominant incumbents like Rippling or Brex launch more integrated offerings, eroding Every.io's competitive advantage. Customer acquisition costs rise, and growth stalls below $5M ARR. A down round or fire sale acquisition at $24M or less wipes out most common stock value due to the $32M in liquidation preferences held by preferred shareholders.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Total funding of $32M on an estimated $120M post-money valuation means investors hold $32M in liquidation preferences, which would be paid out before common shareholders in an exit.

Dilution Risk

high

As a Series A company, significant dilution is expected from future funding rounds (Series B, C, etc.) before a liquidity event.

Secondary Liquidity

none

Given the early stage, there are no active secondary markets or tender offers for Every.io's equity.

Questions to Ask at the Interview

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

  • 1

    Given the strong competitive landscape with players like Rippling and Mercury, how does Every.io plan to sustain its differentiation and pricing power beyond the initial integrated offering, especially as these incumbents expand their services?

  • 2

    With an estimated $1M ARR and a recent $22.5M Series A, what are the key milestones and growth metrics the company is targeting over the next 12-24 months to justify its current valuation and prepare for future funding rounds?

  • 3

    Considering the Series A funding and the typical timeline for liquidity events, how does Every.io envision the path to an IPO or acquisition, and what mechanisms, if any, are being considered to provide liquidity for employees in the interim?

Community

Valuation Sentiment

Our model estimates +79% 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.