+43%

est. 2Y upside i

AI & MLSeries B

Our mission is to advance humanity's understanding of AI by examining the inner workings of advanced AI models (or “AI Interpretability”). As a research-driven product organization, we bridge the gap between theoretical science and practical applications of interpretability.

Rank

#1094

Sector

AI Infrastructure

Est. Liquidity

~4Y

Data Quality

Data: Low

Goodfire's equity offers high-risk, high-reward potential.

Last updated: July 19, 2026

Bull (20%)+200%

AI interpretability becomes mandatory for enterprises, driving adoption and a 3x valuation expansion to $3.75B, supported by the large TAM and strong competitive moat.

Base (55%)+50%

Steady growth in customer adoption and revenue, reaching a $1.875B valuation, in line with typical AI infrastructure multiples.

Bear (25%)-100%

Incumbents like OpenAI and Google develop superior interpretability tools, or revenue fails to materialize, leading to a down round where common stock is wiped out by the $209M liquidation preference.

Est. time to liquidity~4.0 years

Preference Stack Risk

moderate

Funding Intensity

1672%

Total funding of $209M represents 16.7% of the $1.25B valuation, making the liquidation preference a moderate overhang for common equity holders.

Dilution Risk

low

The recent $150M Series B should provide 2+ years of runway, making a near-term raise unlikely within the 2-year horizon.

Secondary Liquidity

none

No secondary market activity is reported; liquidity events depend on an IPO or acquisition, which are not signaled.

Other — 25 roles

View all 25 open roles at Goodfire →

Last updated: July 3, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Goodfire's technology differ from internal interpretability efforts at OpenAI and Anthropic?”

  • 2

    “What is the current revenue model, and what are the key metrics for customer adoption and retention?”

  • 3

    “Given the regulatory push, how does Goodfire plan to stay ahead of compliance requirements and maintain its competitive lead?”

Community

Valuation Sentiment

Our model estimates +43% 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.