-74%

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

#2381

Sector

Developer Tools

Est. Liquidity

~4Y

Data Quality

Data: High

FlutterFlow is a Series A company with a moderate competitive moat in the rapidly growing low-code/no-code market.

Last updated: March 10, 2026

Bull (15%)+300%

Successful enterprise expansion with Dreamflow Enterprise and strong adoption of AI-first features like Smarter Dreamflow allow FlutterFlow to capture significant market share, pushing annual revenue to over $150M by 2028 and justifying a $680M+ valuation (4x current) at a premium multiple.

Base (40%)+75%

FlutterFlow maintains its position in the growing low-code market, expanding its user base and achieving steady revenue growth to approximately $70M by 2028. This leads to a successful Series B or C round, or an acquisition, at a valuation of around $300M (1.75x current).

Bear (45%)-80%

Intensified competition from Google's AppSheet and other well-funded platforms, combined with negative user sentiment from pricing changes and reported product limitations, significantly hinders growth. Revenue stalls below $40M, leading to a down round or acquisition at a valuation of approximately $35M (80% below current), severely impacting common stock value due to liquidation preferences.

Est. time to liquidity~3.5 years

Preference Stack Risk

high

Funding Intensity

18%

Investors have put in $30M, representing 17.65% of the current $170M valuation, which means a meaningful portion of the company's value would go to preferred shareholders in a liquidation event at or below the current valuation.

Dilution Risk

high

As a Series A company, FlutterFlow will likely undergo additional funding rounds (Series B, C, etc.) before a liquidity event, which will dilute the ownership percentage of existing common stock holders.

Secondary Liquidity

none

There is no public information indicating an active secondary market or tender offers for FlutterFlow shares.

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

    “Given Google's ownership of AppSheet and its backing of the Flutter framework, how does FlutterFlow plan to differentiate itself and maintain its competitive edge against a potential '800-lb gorilla' moving further into your space, especially considering recent pricing changes and user feedback on limitations?”

  • 2

    “With an estimated ~$33M in revenue and a focus on enterprise expansion through offerings like Dreamflow Enterprise, what are the key metrics FlutterFlow is tracking to demonstrate scalable growth, and how do you plan to address the reported challenges with Firebase integration and editor performance as you onboard larger clients?”

  • 3

    “FlutterFlow recently raised a Series A at a $170M valuation. What is the company's anticipated timeline for a liquidity event, and how does leadership plan to ensure that common stock holders see meaningful returns, particularly given the existing liquidation preferences from prior funding rounds?”

Community

Valuation Sentiment

Our model estimates -74% 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.