+93%

est. 2Y upside i

Vertical SaaSFinTechSeries A

We underwrite and insure house rentals in Latam

Rank

#690

Sector

Proptech, Fintech

Est. Liquidity

~6Y

Data Quality

Data: Low

Morada Uno is a high-risk, potentially high-reward equity bet that requires a long time horizon and significant uncertainty tolerance.

Last updated: May 14, 2026

Bull (18%)+350%

Morada Uno doubles revenue to ~$55M by 2028, demonstrates a credible path to profitability on its 60% gross margin base, and raises a Series B at 4–5× revenue (~$220–275M valuation) — a ~7–9× step-up from the estimated ~$30M Series A post-money. A strategic acquirer such as a major Mexican bank or regional real estate platform could compress the timeline further.

Base (52%)+100%

Revenue grows to ~$40–45M by 2028 and the company raises a Series B at 2–3× revenue (~$80–135M valuation), representing a 2.5–4.5× step-up from the estimated ~$30M post-money. Employee equity appreciates on paper but remains illiquid with a realistic cash exit still 4–5 years beyond the 2-year horizon.

Bear (30%)-75%

Growth stalls in a challenging Mexican macro environment or a well-capitalized incumbent (BBVA, Inmuebles24) replicates the guarantee product, forcing a flat or down Series B at or below the ~$30M estimated valuation. After $7.6M in liquidation preferences absorb the first proceeds, common equity could be worth 25 cents on the dollar or less.

Est. time to liquidity~6.0 years

Preference Stack Risk

high

Funding Intensity

30%

$7.6M in total liquidation preferences sit ahead of common stock against an estimated ~$30M Series A post-money valuation, meaning preferred shareholders absorb roughly 25% of exit proceeds before employee equity participates.

Dilution Risk

high

As a Series A company almost certainly requiring at least two additional primary rounds (Series B and C) before a liquidity event, employees should model 35–55% incremental dilution from future financings.

Secondary Liquidity

none

No secondary market activity is anticipated for a 150-person Mexican Series A proptech; employees should assume complete illiquidity until a primary M&A or IPO exit event.

Questions to Ask at the Interview

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

  • 1

    “What is the post-money valuation from the November 2024 Series A, and what percentage of the fully-diluted cap table is reserved for the employee option pool going forward?”

  • 2

    “What is the current annualized revenue run rate and trailing YoY growth rate, and what are the unit economics — specifically the take rate per lease and average contract value — that underpin the $25.7M top line?”

  • 3

    “How many months of runway does the company have at current burn, what specific milestones trigger a Series B raise, and at what target valuation range is the team modeling that next round?”

Community

Valuation Sentiment

Our model estimates +93% 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.