+49%

est. 2Y upside i

FinTechAI & MLSeries B

Anti-money laundering investigation and compliance platform

Rank

#1211

Sector

Fintech, Regulatory Compliance, AI/ML

Est. Liquidity

~4Y

Data Quality

Data: Low

Joining Hummingbird offers a moderate equity upside with expected 49% return over 2 years, but with higher risk due to stale valuation and competitive threats.

Last updated: July 21, 2026

Bull (25%)+94%

Exit at 9x forward revenue ($855M) driven by IPO window and AI compliance leadership. Upside 94% from entry valuation of $440M.

Base (55%)+51%

Exit at 7x forward revenue ($665M), converging to public comp multiples. Upside 51% from entry valuation of $440M.

Bear (20%)-14%

Multiple compresses to 4x ($380M) due to competitive pressure from incumbents and slower growth. Downside 14% from entry valuation.

Est. time to liquidity~4.0 years
Adjusted for competitive dynamics: 38% (raw: 49%, adjustment: -11%)

Preference Stack Risk

moderate

Funding Intensity

11%

Total funding of $48.2M represents 11% of entry valuation.

Dilution Risk

low

Company has $62.8M ARR with 75% gross margin, likely cash flow positive; no near-term dilution expected.

Secondary Liquidity

none

No secondary market activity known.

Questions to Ask at the Interview

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

  • 1

    “How do you differentiate from incumbents like NICE Actimize and Verafin?”

  • 2

    “What is the unit economics and path to profitability?”

  • 3

    “What is your expected time to liquidity and how does equity factor into your decision?”

Community

Valuation Sentiment

Our model estimates +49% 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.