+47%

est. 2Y upside i

Series A

Stage: early. Country: Germany

Rank

#1068

Sector

Device-as-a-Service, IT Asset Management, SaaS

Est. Liquidity

~5Y

Data Quality

Data: Low

Lendis offers a moderate expected upside of ~47% over 2 years, but risks are high due to a stale valuation, heavy preference stack ($113M vs $54.8M valuation), slow growth (11.9% YoY), and capital intensity.

Last updated: July 21, 2026

Bull (20%)+141%

If Lendis capitalizes on hybrid work tailwinds and wins major enterprise contracts, revenue could grow faster than projected, and the market may reward a 6x multiple, yielding 140.8% upside net of dilution.

Base (50%)+97%

At 5x forward revenue multiple and modest growth, equity value reaches $119M, delivering 97.4% upside after 20% dilution from a likely future raise.

Bear (30%)-100%

With slow growth and heavy preference stack ($113M), any exit below $113M wipes out common stock, leading to -100% return.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

206%

Total funding of $113M exceeds current valuation of $54.8M, meaning common stock is deeply underwater in any exit below $113M.

Dilution Risk

high

With $113M funding and 3+ years since the last round, a down or flat round is likely, diluting existing equity by approximately 20%.

Secondary Liquidity

none

No secondary market activity detected; liquidity for employees is limited to potential future tender offers or IPO.

Questions to Ask at the Interview

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

  • 1

    “How does Lendis differentiate from competitors like Workwize and Hofy?”

  • 2

    “What is the company's path to profitability given high capital needs for hardware procurement?”

  • 3

    “What is the employee equity strike price and how often is it priced relative to secondary market activity?”

Community

Valuation Sentiment

Our model estimates +47% 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.