-20%

est. 2Y upside i

HR TechSeries A

AI-Powered HRIS for high performing teams

Rank

#2731

Sector

HR Software

Est. Liquidity

~3Y

Data Quality

Data: Medium

Given the stale valuation and missing growth data, the expected equity return over 2 years is about -20%, making the equity component low-value.

Last updated: July 19, 2026

Bull (20%)+46%

Revenue reaches $8.29M in 24 months. Exit multiple holds at 10x due to IPO window and category leadership in AI-powered HRIS for distributed teams, yielding $82.9M exit. Net of 20% dilution, upside 45.8%.

Base (55%)-21%

Revenue reaches $8.29M, multiple converges to 6x (in line with public comps) giving $49.7M exit. After 20% dilution, downside -20.5%.

Bear (25%)-70%

Revenue growth disappoints, multiple compresses to 3x, exit $24.9M. After 20% dilution, downside -70.3%. No preference wipeout as exit exceeds $20M funding.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

4000%

Total funding of $20M represents 40% of assumed entry valuation, meaning preferred shareholders have a large liquidation preference over common stock.

Dilution Risk

high

With $20M funding and likely burn rate, additional financing is expected within 18 months, diluting common equity by an estimated 20%.

Secondary Liquidity

none

No secondary market activity observed; liquidity is minimal until an exit event.

Questions to Ask at the Interview

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

  • 1

    “How do you differentiate your AI features from incumbents like Workday and SAP that are adding AI to their HCM suites?”

  • 2

    “What is your current customer unit economics, particularly CAC payback and net revenue retention?”

  • 3

    “When do you anticipate the next funding round, and how does that affect the equity timeline for employees?”

Community

Valuation Sentiment

Our model estimates -20% 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.