+27%

est. 2Y upside i

Series A

Flexible Business Apps for Modern Teams

Rank

#2655

Sector

No-code Development Platform

Est. Liquidity

~6Y

Data Quality

Data: Low

Noloco is a high-risk, low-near-term-liquidity equity position that should be treated primarily as a career bet rather than a financial one.

Last updated: May 14, 2026

Bull (17%)+200%

Noloco achieves strong product-market fit in the B2B agency vertical, growing ARR from $1.8M to $5M+ by end of 2026 and raising a Series B at a $45-60M post-money valuation. Employee equity issued at the implied ~$18M entry valuation would 2-3x in mark-to-market terms, though actual cash realization remains 4+ years away.

Base (55%)+25%

Noloco grows modestly to ~$3M ARR by late 2026 and raises a flat-to-up Series B around $22-28M, generating limited mark-to-market gains from the ~$18M implied entry valuation. With $5.5M in liquidation preferences absorbing the first layer of any exit proceeds, common equity appreciation in this scenario is marginal.

Bear (28%)-75%

Growth stalls below $2M ARR amid intensifying competition from Airtable, Retool, and AppSheet, and Noloco is unable to raise additional capital with $5.5M in total funding nearly exhausted across a 19-person team. The company ends in an acqui-hire or shutdown, with preferred holders consuming available proceeds and employee common equity recovering near zero.

Est. time to liquidity~6.0 years

Preference Stack Risk

high

Funding Intensity

31%

With $5.5M in total liquidation preferences against an estimated ~$18M implied current valuation (10x $1.8M ARR), preferred stockholders claim approximately 31% of the company before common equity participates in any proceeds.

Dilution Risk

high

As a Series A company at $1.8M ARR, Noloco will almost certainly require 2-3 additional funding rounds before any liquidity event, likely diluting current employee equity by 40-60% or more from today's grant.

Secondary Liquidity

none

No secondary market exists for a 19-person company at this stage; employee equity is fully illiquid until a formal acquisition or IPO, which is realistically 5-7 years away at best.

Other — 1 role

View all 1 open roles at Noloco →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “What is Noloco's current YoY ARR growth rate, and how does the newly launched free plan affect your path to Series B milestones — specifically, what ARR and growth targets trigger the next raise?”

  • 2

    “What is Noloco's net revenue retention (NRR) across the agency customer base, and what is the average contract value and payback period for a new customer?”

  • 3

    “What is the current post-money valuation and 409A-appraised strike price for new option grants, and how much dilution should employees model through a Series B and beyond?”

Community

Valuation Sentiment

Our model estimates +27% 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.