Feroot Security
+410%
est. 2Y upside i
AI-powered Compliance Platform for PCI 4, CCPA, HIPAA, CIPA, 50+ laws
Rank
#11
Sector
Cybersecurity
Est. Liquidity
~2Y
Data Quality
Data: MediumVery attractive math: even in a bear case with a 3x exit multiple, revenue scaling to ~$218M by 2028 yields a positive return from a $250M entry.
Last updated: August 25, 2026
IPO window or category leadership sustains a 12x revenue multiple; revenue reaches ~$218M by 2028 for a ~$2.6B exit. Net of 20% dilution, this is ~380% upside, capped at Series A stage.
Multiple converges to ~8x forward revenue (mid comp range) with revenue scaling to ~$218M, a ~$1.75B exit. After 20% dilution, ~579% net upside.
Multiple compresses to ~3x, below comp range, due to Akamai/Cloudflare competition or macro weakness; exit ~$655M. Revenue growth still generates ~142% net upside, and preference stack is far in the money.
Preference Stack Risk
moderateFunding Intensity
1000%$25M of preference over $250M entry valuation = 10%; common receives no proceeds until preferred is 1x.
Dilution Risk
highA likely 2027 raise at 20% dilution would reduce current common holders' share by ~20 points.
Secondary Liquidity
noneNo secondary-implied valuation provided; employee liquidity likely limited to company buyback or IPO.
Questions to Ask at the Interview
Strategic questions based on Feroot Security's data — designed to show you've done your homework.
- 1
“How does your client-side security platform differentiate against Cloudflare and Akamai's Page Integrity Manager?”
- 2
“With 300% growth, what is net revenue retention and the land-and-expand motion for compliance workloads?”
- 3
“What is the current cap table and at what price did the Series A price? Is there any employee secondary market?”
Community
Valuation Sentiment
Our model estimates +410% 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.