-83%

est. 2Y upside i

Vertical SaaSSeries B

Rank

#3612

Sector

Logistics Technology

Est. Liquidity

~2Y

Data Quality

Data: Low

Given the low growth, severe preference overhang, and high incumbent threat, the equity in GoodShip offers limited upside potential over 2 years.

Last updated: July 3, 2026

Bull (10%)-38%

Exit at 8x forward revenue ($40.8M) driven by an IPO window and category leadership, but after 20% dilution returns -38.4%.

Base (35%)-69%

Exit at 5x forward revenue ($25.5M) converging with public comps, net of 20% dilution yields -69%.

Bear (55%)-100%

Exit at 2x forward revenue ($10.2M) below total funding of $42.8M, common stock worthless after preference liquidation.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

86%

Total funding of $42.8M implies a severe preference overhang relative to the estimated entry valuation of $50M, meaning preferred stockholders would capture most proceeds in a downside scenario.

Dilution Risk

high

With low growth and $42.8M in funding, the company likely needs additional capital within 24 months, leading to significant dilution (estimated 20%).

Secondary Liquidity

none

No secondary market activity indicated.

Engineering 1 role

Sales 1 role

View all 2 open roles at GoodShip

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    How does GoodShip plan to accelerate growth beyond 9% YoY?

  • 2

    What is the current unit economics and path to profitability?

  • 3

    Given the preference stack, what is the realistic outcome for employee equity?

Community

Valuation Sentiment

Our model estimates -83% 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.