-18%

est. 2Y upside i

DevOps & InfraSeries D+

Software delivery platform for CI/CD feature flags and cloud cost management

Rank

#2462

Sector

DevOps / Developer Tools

Est. Liquidity

~2Y

Data Quality

Data: Medium

Harness offers credible near-term IPO path (1-2 years). $614M preference stack is primary risk.

Last updated: March 20, 2026

Bull (30%)+100%

IPO 2026-2027 at 20-25x ARR on $250M+ ARR. Goldman sponsorship drives premium.

Base (45%)+35%

IPO/acquisition 2027-2028 at 15x ARR on $300M ARR. Modest appreciation.

Bear (25%)-35%

GitHub/GitLab bundling accelerates. IPO delayed, down-round acquisition.

Est. time to liquidity~2.0 years

Preference Stack Risk

high

Funding Intensity

11%

$614M funding; flat/down exit concentrates losses on common.

Dilution Risk

moderate

Series E + M&A stock consideration add dilution.

Secondary Liquidity

limited

Goldman involvement may catalyze pre-IPO secondary.

View all 4 open roles at Harness →

Last updated: February 17, 2026

Questions to Ask at the Interview

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

  • 1

    “Strike price vs Series E PPS?”

  • 2

    “$250M ARR on track given acquisition integration?”

  • 3

    “IPO timeline — hard target or milestone-contingent?”

Cluster Peers

Expected Upside

Harness
-5%
Harness
-18%
Snyk
-40%
Snyk
-48%
Temporal
-68%
Chainguard
-70%
CircleCI
-81%

Community

Valuation Sentiment

Our model estimates -18% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

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