-36%

est. 2Y upside i

DevOps & InfraSeries B

Rank

#3556

Sector

Developer Tools

Est. Liquidity

~4Y

Data Quality

Data: Low

Given the high entry valuation (15x revenue), significant incumbent threat, and 30.9% preference overhang, the expected equity upside over 2 years is severely negative (-36%).

Last updated: July 3, 2026

Bull (10%)+62%

Exit multiple holds at 15x due to potential IPO window and strong category leadership, yielding exit value of $346.5M.

Base (45%)-23%

Multiple converges to 8x in line with public comps, but still below entry multiple, resulting in exit of $184.8M.

Bear (45%)-71%

Multiple compresses to 4x due to increased competition from big tech incumbents and slowing growth, yielding exit of $92.4M.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

31%

Total funding of $58.7M represents 30.9% of current valuation, creating a high preference overhang.

Dilution Risk

moderate

No immediate raise required, but further dilution possible in future rounds.

Secondary Liquidity

none

No secondary market activity indicated.

Engineering 25 roles

Design 4 roles

Go to Market 2 roles

Product 2 roles

Marketing 1 role

View all 34 open roles at Foxglove

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    How does Foxglove differentiate from in-house tooling built by big tech?

  • 2

    What is the current ARR and growth rate?

  • 3

    What is the expected liquidity timeline and have there been secondary sales?

Community

Valuation Sentiment

Our model estimates -36% 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.