-54%

est. 2Y upside i

DevOps & InfraSeries A

Inngest lets you auto-scale queues, monitor runs, and replay errors—without touching infrastructure. Ship fast, iterate faster.

Rank

#3319

Sector

Developer Tools

Est. Liquidity

~5Y

Data Quality

Data: Low

Inngest is an early-stage dev tools company with strong customer traction but faces critical competition from Temporal and Vercel.

Last updated: July 3, 2026

Bull (10%)+49%

Driven by an IPO window or category leadership, the exit multiple expands to 15x on $6.75M ARR, yielding a $101.25M exit. After 20% dilution from a likely fundraise, upside is 49%.

Base (45%)-30%

Exit multiple converges to 8x, in line with public comps, giving a $54M exit. Dilution subtracts 20pp, resulting in -30% enterprise return.

Bear (45%)-100%

Multiple compresses to 5x, exit of $33.75M falls below the $34M preference stack, rendering common stock worthless.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

57%

Total preference liquidation preference of $34M, representing 57% of the estimated $60M entry valuation, severely dilutes common equity in a downside scenario.

Dilution Risk

high

With $34M total funding and 27 employees, runway likely 12-18 months; a down round could dilute existing common by 20% or more.

Secondary Liquidity

none

No secondary market data available; no known secondary trading.

Marketing + GTM — 1 role

View all 4 open roles at Inngest →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Inngest differentiate from Temporal's SDK-based approach given Vercel's new workflow product?”

  • 2

    “What is the target customer persona and how does the usage-based pricing scale with enterprise adoption?”

  • 3

    “What is the company's current cash runway and when is the next fundraise anticipated, especially given the competitive landscape?”

Community

Valuation Sentiment

Our model estimates -54% 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.