-47%

est. 2Y upside i

Series B

Gigs is the operating system for mobile services. We unlock new revenue opportunities and enable seamless user experiences. From tech giants to innovative startups, we empower businesses to effortlessly embed telecom capabilities into their platforms. Gigs is a category creator in one of the world's largest industries—telecom.

Rank

#1051

Sector

Telecom-as-a-Service

Est. Liquidity

~3Y

Data Quality

Data: Medium

Gigs is a fast-growing Series B company in the promising embedded connectivity space, with an estimated $25M in revenue and a strong 75% gross margin.

Last updated: March 10, 2026

Bull (25%)+300%

Gigs successfully expands its embedded connectivity platform, securing major partnerships with global fintechs and enterprises, driving ARR to $100M by 2028. This strong growth and clear market leadership in embedded telecom-as-a-service justifies a 16x revenue multiple, leading to a $1.6B valuation, representing a +300% upside.

Base (50%)+50%

Gigs continues to execute on its current strategy, growing its customer base and platform capabilities. It reaches $55M ARR by 2028, maintaining a solid market position. A 10.9x revenue multiple would imply a $600M valuation, representing a +50% upside.

Bear (25%)-60%

Intense competition from incumbents and new entrants, coupled with slower-than-expected market adoption, limits Gigs' growth. ARR stalls at $30M by 2028, and a down round or flat exit at a 5.3x revenue multiple ($160M valuation) results in a -60% downside, significantly impacting common stock value due to $97M in liquidation preferences.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Investors hold $97M in liquidation preferences ahead of common stock. In an exit at or below $97M, common stock holders would get little to nothing.

Dilution Risk

moderate

As a Series B company, Gigs will likely undergo 1-2 more significant funding rounds before an IPO or acquisition, leading to further dilution for existing common stock holders.

Secondary Liquidity

none

There is no public information indicating active secondary markets or tender offers for Gigs' shares.

Other — 21 roles

View all 21 open roles at Gigs →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “Gigs has successfully partnered with major players like AT&T and Tide. How do these partnerships evolve, and what is the strategy for balancing collaboration with potential incumbent threats from these large entities developing their own embedded telecom solutions?”

  • 2

    “With a reported $25M in revenue and a Series B funding round, what are the key metrics (e.g., ARR growth, customer acquisition cost, net revenue retention) that Gigs is prioritizing to demonstrate continued rapid growth and efficiency to investors for future funding rounds or an eventual exit?”

  • 3

    “Given the $97M in total funding and the Series B stage, how does Gigs communicate the equity opportunity to employees, particularly regarding the preference stack and the potential timeline for a liquidity event?”

Community

Valuation Sentiment

Our model estimates -47% 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.