+34%

est. 2Y upside i

DevOps & InfraSeries A

FlutterFlow, founded in 2020, is a ground breaking low-code, visual development platform designed to simplify the creation of native mobile and web applications. With over 400,000 users and thousands of apps deployed to app stores, FlutterFlow empowers product teams to create stunning UIs and generate clean code with ease.

Rank

#1242

Sector

Low-Code & No-Code Development

Est. Liquidity

~3Y

Data Quality

Data: Low

FlutterFlow offers moderate upside potential (34% expected) but carries high risk due to a stale valuation mark and significant incumbent threats.

Last updated: July 3, 2026

Bull (20%)+141%

Strong IPO window or category leadership drives exit multiple to 10x. Projected 2028 revenue of $44.4M yields exit valuation of $444M, a 161% upside before 20pp dilution.

Base (35%)+37%

Exit multiple converges to public comp average of 6x. Exit valuation reaches $266M, a 57% upside reduced by 20pp dilution to 37%.

Bear (45%)-16%

Multiple compresses to 4x due to incumbent threats from Microsoft PowerApps and AI coding tools. Exit valuation of $178M barely exceeds entry, net -15% after dilution.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

17%

Total funding of $28M against $170M valuation represents 16.5% preference overhang, requiring exit above $28M for common to receive value.

Dilution Risk

high

Likely need Series B within 2 years, expect 20-25% dilution from new issuance.

Secondary Liquidity

none

No secondary market activity reported; no recent secondary trade to validate valuation.

Sales — 2 roles

Design — 1 role

Engineering — 1 role

Operations — 1 role

Product — 1 role

View all 6 open roles at FlutterFlow →

Last updated: March 9, 2026

Questions to Ask at the Interview

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

  • 1

    “How do you plan to differentiate FlutterFlow from AI-native coding tools like Cursor and GitHub Copilot?”

  • 2

    “What is the unit economics (LTV/CAC) for your subscription tiers, and how have they evolved?”

  • 3

    “Given the need for future funding, how do you think about dilution and the timeline to liquidity for employees?”

Community

Valuation Sentiment

Our model estimates +34% 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.