+8%

est. 2Y upside i

Series A

Making all ships robots.

Rank

#2633

Sector

Marine Technology

Est. Liquidity

~5Y

Data Quality

Data: Low

Fleetzero offers a strong moat and large TAM, but missing revenue data, high capital intensity, and dominant incumbents make the equity highly speculative over a 2-year horizon.

Last updated: July 3, 2026

Bull (10%)+102%

Commercial success with large contracts and government partnerships drives valuation to $400M by 2028, a 2.2x increase. After 20% dilution, net upside 102%.

Base (50%)+47%

Steady progress leads to Series B at $300M (1.67x) in 2028. After 20% dilution, net upside 47%.

Bear (40%)-64%

Litigation or competitive pressure causes a down round to $100M (0.56x). After 20% dilution, net downside -64.4%.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

3340%

Total preferred funding of $60.2M represents 33.4% of the $180M valuation, giving preferred holders significant liquidation preference in downside scenarios.

Dilution Risk

high

Given capital intensity and likely need for additional funding within 2 years, we assume 20% dilution from future rounds.

Secondary Liquidity

none

No secondary market activity reported; equity is illiquid until a liquidity event.

Commercial — 2 roles

Electrical, Hardware, & Embedded — 2 roles

ME & Naval Architecture — 1 role

View all 5 open roles at Fleetzero →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How will Fleetzero compete against Wärtsilä's established marine technology portfolio?”

  • 2

    “What is the path to profitability given the high capital intensity of battery manufacturing?”

  • 3

    “What is the expected timeline to liquidity for early employees, and what triggers a potential exit?”

Community

Valuation Sentiment

Our model estimates +8% 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.