Odigos Technologies Inc.
-58%
est. 2Y upside i
Enterprise-Grade OpenTelemetry
Rank
#1197
Sector
Developer Tools, Observability, Infrastructure Software
Est. Liquidity
~6Y
Data Quality
Data: MediumOdigos is an early-stage company with a strong technical moat in eBPF-based distributed tracing, operating in a rapidly growing observability market.
Last updated: March 10, 2026
If Odigos captures a significant share of the rapidly growing eBPF observability market, reaching $50M+ ARR by 2028 and achieving a 7x revenue multiple, it could justify a $350M+ valuation, representing a 4x return from the estimated current $70M valuation.
Assuming Odigos maintains its niche and grows steadily to $25M ARR by 2028, with a 5x revenue multiple, it could achieve a $125M valuation, providing a 2x return from the estimated current $70M valuation. However, with $14M in liquidation preferences, common stock upside would be limited.
If dominant incumbents rapidly integrate eBPF tracing, commoditizing Odigos's offering and stalling growth, a potential acquisition at a significantly reduced valuation of $14M (an 80% drop from current) would result in common stock holders receiving little to nothing due to the $14M in liquidation preferences.
Preference Stack Risk
highInvestors hold $14M in liquidation preferences ahead of common shareholders, representing 20% of the estimated current $70M valuation.
Dilution Risk
highAs a Series A company, Odigos will likely require multiple future funding rounds, leading to further dilution for existing equity holders.
Secondary Liquidity
noneGiven its early stage, there is currently no active secondary market or tender offers for Odigos equity.
Questions to Ask at the Interview
Strategic questions based on Odigos Technologies Inc.'s data — designed to show you've done your homework.
- 1
“Given the strong competitive landscape with incumbents like Datadog and Honeycomb actively exploring eBPF, how does Odigos plan to maintain its competitive edge and prevent commoditization of its core technology over the next 2-3 years?”
- 2
“Odigos's revenue model combines an open-source core with an enterprise subscription. What are the key metrics the team is focused on to drive conversion from open-source users to paying enterprise customers, and what's the current traction on that front?”
- 3
“With $14M in total funding and an estimated Series A valuation of $70M, how is the company thinking about the next 2-year funding and liquidity timeline, and what milestones are critical for the next financing round?”
Community
Valuation Sentiment
Our model estimates -58% 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.