Mach Industries

machindustries.com →

-48%

est. 2Y upside i

AerospaceSeries C

Mach Industries is a Sequoia-backed company since 2023.

Rank

#3235

Sector

Aerospace and Defense

Est. Liquidity

~3Y

Data Quality

Data: Low

Mach Industries' $1.8B valuation with no public revenue data makes equity highly speculative.

Last updated: July 21, 2026

Bull (10%)+55%

Exit multiple holds at 30x due to IPO window and category leadership. Revenue reaches $109M by mid-2028, implying $3.27B enterprise value; common equity after preference yields 54.7% upside.

Base (55%)-36%

Multiple compresses to 15x (midpoint of comp range) as growth normalizes. Enterprise value $1.64B, common equity after preference yields -35.8%.

Bear (35%)-97%

Multiple falls to 5x due to incumbents and contract delays. Enterprise value $546M barely above preference, common equity worth $61M (-96.6%).

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

2690%

Total preferred liquidation preference is $485M (27% of $1.8B valuation), meaning common shareholders receive nothing in exits below $485M and a reduced share above.

Dilution Risk

low

Recent $300M Series C provides ample runway; no near-term raise expected, so dilution is minimal.

Secondary Liquidity

none

No secondary market activity reported; liquidity dependent on IPO or acquisition.

View all 11 open roles at Mach Industries →

Last updated: September 6, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Mach's Forge manufacturing network create a moat against incumbent defense primes?”

  • 2

    “What is the current revenue run-rate and how does the contract pipeline look for the next 12 months?”

  • 3

    “What is the expected timeline to liquidity (IPO or acquisition) and how will equity be structured in the event of a down-round?”

Community

Valuation Sentiment

Our model estimates -48% 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.