-57%

est. 2Y upside i

AI & MLSeries A

At Mithril, we are transforming the way AI companies access compute power. Our mission is to orchestrate the world’s compute capacity, making it easier to use and optimized for AI workloads. We're building a new type of public cloud—one designed specifically for AI, where accessing high-performance compute is as simple and reliable as flipping a switch.

Rank

#3362

Sector

AI Infrastructure

Est. Liquidity

~5Y

Data Quality

Data: Low

With a probability-weighted expected upside of -56.7% and severe preference risk, Mithril equity offers poor risk/reward.

Last updated: July 19, 2026

Bull (10%)+26%

AI infrastructure tailwind drives multiple expansion to 10x; IPO window materializes. Exit value $116.5M, but 20% dilution reduces upside to 25.6%.

Base (38%)-18%

Multiple converges to 7x, inline with public comps. Exit value $81.55M, but 20% dilution results in -18.06% return.

Bear (53%)-100%

Multiple compresses to 4x; exit value $46.6M below $80M preference, common stock worthless. Return -100%.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

10000%

Total preferred liquidation preference of $80M equals 100% of current valuation, meaning common stock receives nothing in any exit below $80M.

Dilution Risk

moderate

With $80M funding and low revenue growth, Series B likely needed within 24 months; estimated 20% dilution.

Secondary Liquidity

none

No secondary market activity; equity is illiquid with no near-term tender offers expected.

Other — 5 roles

View all 5 open roles at Mithril →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Mithril's multi-cloud orchestration provide a sustainable competitive advantage over hyperscalers' native AI compute offerings?”

  • 2

    “What is the unit economics (e.g., gross margin, churn) for usage-based pricing, and how does it scale with customer concentration?”

  • 3

    “Given the preference stack, what is the realistic timeline and path to liquidity for employee common stock?”

Community

Valuation Sentiment

Our model estimates -57% 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.