-65%

est. 2Y upside i

Series A

Building the marketplace that powers America’s most essential assets

Rank

#964

Sector

Marketplace

Est. Liquidity

~4Y

Data Quality

Data: Low

Garage operates in a large, inefficient market with a compelling AI-powered solution, leading to a moderate upside potential of ~88%.

Last updated: March 10, 2026

Bull (30%)+300%

Garage expands aggressively into new government and commercial segments beyond emergency vehicles, leveraging its AI platform to achieve $100M+ in annual transaction fees by 2028, justifying a $280M valuation at 2.8x current.

Base (35%)+75%

Garage establishes itself as a niche leader in emergency vehicle and government surplus sales, growing steadily to $40M in transaction fees by 2028, leading to a $122.5M valuation.

Bear (35%)-80%

Slower-than-expected adoption due to regulatory hurdles and strong competition from established players like GovDeals and Ritchie Bros. limits growth; a down round to $14M valuation wipes out most common stock value given $18M in liquidation preferences.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Investors hold $18M in liquidation preferences. In an exit at or below $18M, common shareholders would receive little to nothing. At the estimated current valuation of $70M, $52M would be available for common shareholders after preferences.

Dilution Risk

high

As a Series A company, Garage will likely require multiple additional funding rounds (Series B, C, etc.), which will lead to significant further dilution for existing common shareholders.

Secondary Liquidity

none

Given the company's early stage (Series A), there are currently no active secondary markets or tender offers for employee equity.

Engineering — 2 roles

Growth — 2 roles

General — 1 role

View all 5 open roles at Garage →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Garage plan to differentiate its AI-powered platform and comprehensive services to win market share from established players like GovDeals and Ritchie Bros./IronPlanet, especially given their existing relationships with government entities?”

  • 2

    “With $18M in total funding and a Series A completed in 2025, what are the key milestones and growth metrics the company aims to achieve before its next funding round, and what is the expected timeline for Series B?”

  • 3

    “Given the early stage of the company and the preference stack from prior funding, how does Garage envision the path to a liquidity event for common shareholders, and what are the company's plans regarding secondary liquidity options for employees in the future?”

Community

Valuation Sentiment

Our model estimates -65% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.