-47%

est. 2Y upside i

AI & MLSeries B

Stage: growth. Country: Germany

Rank

#375

Sector

Enterprise Software, Data Management, Artificial Intelligence

Est. Liquidity

~4Y

Data Quality

Data: Medium

One Data presents a moderate upside opportunity for a job seeker, with an estimated 125.8% expected upside over a 2-year horizon.

Last updated: March 10, 2026

Bull (30%)+300%

One Data successfully expands internationally, leveraging its market-first AI-powered Data Product Builder to capture significant market share from legacy systems, pushing revenue to $70M+ by 2028 and justifying a $700M valuation at 10x revenue, representing a +300% upside.

Base (30%)+186%

One Data maintains its strong position in the DACH region and achieves moderate international growth, reaching ~$40M in revenue by 2028. The company sustains its ~12.5x revenue multiple, leading to a $500M valuation and a +186% upside.

Bear (40%)-50%

Increased competition from well-funded incumbents and slower-than-expected market adoption limit One Data's growth, with revenue reaching only $20M by 2028. Valuation multiple compresses to 5x, resulting in an $87.5M valuation and a -50% downside, significantly impacting common stock value due to liquidation preferences.

Est. time to liquidity~3.5 years

Preference Stack Risk

high

Investors hold $35M in liquidation preferences ahead of common shareholders, meaning common stock value is significantly impacted in an exit at or below the estimated $175M valuation.

Dilution Risk

moderate

As a Series B company, One Data will likely raise additional funding rounds (e.g., Series C, D) before an IPO or acquisition, leading to further dilution for existing equity holders.

Secondary Liquidity

limited

For a Series B company, secondary liquidity options are typically limited, with no active public market for shares or regular tender offers.

Questions to Ask at the Interview

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

  • 1

    “Given the strong presence of incumbents like SAP Datasphere and Microsoft Power BI in the enterprise data space, how does One Data plan to maintain its competitive moat and differentiate its AI-powered Data Product Builder in the long term?”

  • 2

    “With an estimated revenue of ~$14M, what are the key growth levers and target milestones for One Data to scale to $50M-$100M ARR over the next 2-3 years, particularly considering international expansion?”

  • 3

    “As a Series B company with $35M in total funding, how is the company thinking about a liquidity event timeline for employees, and what are the expectations regarding future dilution?”

Community

Valuation Sentiment

Our model estimates -47% 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.