-77%

est. 2Y upside i

HealthcareSeries B

Customer data collection, safeguarding, & activation for healthcare

Rank

#3555

Sector

Healthcare IT

Est. Liquidity

~3Y

Data Quality

Data: Low

Freshpaint's equity upside is highly uncertain due to undisclosed revenue, low growth, and a stale valuation.

Last updated: July 3, 2026

Bull (10%)+8%

If Freshpaint capitalizes on healthcare privacy tailwinds and achieves an IPO within 2 years, the exit multiple could expand to 20x forward revenue, implying a $356M exit. After preference and dilution, upside is 8%.

Base (35%)-64%

With 9% growth and increasing competition, the exit multiple compresses to 10x, yielding a $178M exit. Common stock upside after preference and dilution is -64%.

Bear (55%)-100%

If incumbent CDP firms successfully add HIPAA compliance, Freshpaint's growth stalls and multiple falls to 5x, resulting in a $89M exit. After preference and dilution, common stock is nearly worthless, with upside of -100%.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

17%

Total funding of $41.8M represents 17% of current valuation, creating a high preference overhang.

Dilution Risk

high

Given stale valuation and need for additional capital, a 20% dilution over 2 years is assumed.

Secondary Liquidity

limited

A secondary implied valuation exists ($234.85M) but no active secondary market is indicated.

Engineering — 4 roles

Customer Success — 2 roles

Product — 2 roles

Sales — 1 role

View all 9 open roles at Freshpaint →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Freshpaint plan to accelerate growth given the current slow 9% YoY rate?”

  • 2

    “What is the company's path to profitability and cash flow breakeven?”

  • 3

    “How does the new CEO's strategy differ from the founder's vision?”

Community

Valuation Sentiment

Our model estimates -77% 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.