-84%

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

#3394

Sector

AI Infrastructure / Cloud

Est. Liquidity

~6Y

Data Quality

Data: Medium

High-variance bet. 550% usage growth is genuine but thin moat against hyperscaler bundling. 40% bear probability of options expiring worthless.

Last updated: March 21, 2026

Bull (15%)+250%

Becomes de facto multi-cloud GPU control plane; $50M+ ARR; Series B at $1.2-1.5B.

Base (45%)+20%

$15-25M ARR; flat Series B at $600-700M; delayed liquidity.

Bear (40%)-75%

Hyperscaler bundling commoditizes layer; down round or distressed acquisition.

Est. time to liquidity~6.0 years

Preference Stack Risk

high

Funding Intensity

20%

$80M on $400M (20%).

Dilution Risk

high

2-3 more rounds at 15-25% dilution each.

Secondary Liquidity

none

Series A companies have no secondary.

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

    “Current ARR?”

  • 2

    “Differentiation vs CoreWeave asset-heavy model?”

  • 3

    “Liquidation preferences and Series B timeline?”

Community

Valuation Sentiment

Our model estimates -84% 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.