-56%

est. 2Y upside i

Vertical SaaSFinTechSeries A

We underwrite and insure house rentals in Latam

Rank

#244

Sector

Proptech, Fintech, Real Estate

Est. Liquidity

~4Y

Data Quality

Data: Medium

Morada Uno presents a strong upside opportunity, largely driven by its estimated $25.7M annual revenue at a Series A stage with only $6M in total funding, implying a very low current revenue multiple.

Last updated: March 10, 2026

Bull (30%)+400%

Morada Uno successfully expands its proprietary lease insurance and tenant screening model across key Latin American markets beyond Mexico, leveraging its network effects. Revenue grows to approximately $60M-$70M by 2028, and the market re-rates its multiple to 2.5-3x revenue, justifying a $150M valuation.

Base (45%)+75%

Morada Uno continues to gain significant traction in Mexico, deepening its penetration among real estate brokers and landlords. Revenue reaches approximately $40M by 2028, but competitive pressures and a cautious investment environment keep the valuation multiple around 1.3x revenue, leading to a $52.5M valuation.

Bear (25%)-70%

Established financial institutions or larger proptech incumbents in Mexico successfully replicate Morada Uno's core services, leading to intense price competition and slower-than-expected market adoption. Growth stalls, and a challenging funding environment results in a down round, valuing the company at $9M, severely impacting common stock value.

Est. time to liquidity~3.5 years

Preference Stack Risk

high

Investors hold $6M in liquidation preferences on an estimated $30M valuation, meaning common stock holders would see reduced returns in an exit at or below this valuation.

Dilution Risk

high

As a Series A company, 1-2 more funding rounds (Series B, C) are likely before an exit, implying substantial future dilution risk for common stock.

Secondary Liquidity

none

There is no indication of active secondary markets or tender offers for Morada Uno's equity.

Questions to Ask at the Interview

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

  • 1

    Given the significant market opportunity in LatAm proptech and the entry of larger players like Tuhabi into the broader real estate market, how does Morada Uno plan to maintain its specialized competitive moat in lease insurance and guarantor replacement, especially if these incumbents decide to offer similar services?

  • 2

    With estimated annual revenue around $25.7M and a Series A funding of $6M, what is the company's strategy for achieving capital efficiency and managing burn rate to reach profitability or the next funding milestone without excessive dilution?

  • 3

    Considering the Series A stage and the typical timeline for liquidity events, what is the company's perspective on future funding rounds, potential exit scenarios (e.g., acquisition by a larger financial institution or proptech player), and how does this translate into a realistic timeline for employee equity liquidity?

Community

Valuation Sentiment

Our model estimates -56% 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.