+18%

est. 2Y upside i

Series B

Stage: growth. Country: Germany

Rank

#1661

Sector

Enterprise Software

Est. Liquidity

~3Y

Data Quality

Data: Low

Consider equity cautiously due to missing financial data and high competitive threats.

Last updated: July 3, 2026

Bull (15%)+91%

IPO window opens or category leadership achieved, supporting a 10x forward revenue multiple. Projected revenue $22.5M yields ~$225M exit, net of dilution.

Base (55%)+28%

Multiple converges to 7x as growth normalizes. Exit ~$157.5M, net dilution yields 28% upside from entry.

Bear (30%)-36%

Multiple compresses to 4x due to incumbent pressure and slowing growth. Exit ~$90M, common stock value declines after dilution.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

47%

Estimated total funding of $50M results in a 47% preference overhang relative to current valuation.

Dilution Risk

high

Future funding rounds likely needed, potentially diluting common shareholders by 15-25%.

Secondary Liquidity

none

No secondary market activity reported; no liquidity for early exercise.

Questions to Ask at the Interview

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

  • 1

    “How do you defend against Microsoft Purview and other big tech entrants?”

  • 2

    “What is your current revenue run rate and growth trajectory?”

  • 3

    “What is the total funding to date and liquidation preference structure?”

Community

Valuation Sentiment

Our model estimates +18% 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.