+29%

est. 2Y upside i

Series C

Orderful is a complete cloud EDI platform for manufacturers, distributors, retailers, and technology companies.

Rank

#1425

Sector

Supply Chain Software

Est. Liquidity

~3Y

Data Quality

Data: Medium

Orderful offers high-risk, moderate-reward equity for a job candidate.

Last updated: July 3, 2026

Bull (20%)+115%

AI-native Mosaic platform drives premium valuation; exit multiple of 10x on $57.2M revenue yields $572M exit, common stock after $85M preference returns ~135% before dilution.

Base (35%)+46%

Multiple converges to public comp range of 7.5x on $57.2M revenue, exit $429M; common stock returns ~66% before dilution, adjusted for 20% dilution gives ~46%.

Bear (45%)-23%

Incumbent SPS Commerce pressure compresses multiple to 5x, exit $286M; common stock near breakeven before dilution, after 20% dilution returns -23%.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

2910%

Total preferred liquidation preference of $85M represents 29% of current $292M valuation, significantly diluting common stock in downside scenarios.

Dilution Risk

moderate

Recent $35M Series C in June 2026 extends runway, but given growth rate and likely cash burn, another raise within 2 years is probable, resulting in 15-25% dilution.

Secondary Liquidity

none

No secondary market activity reported; equity is illiquid until a liquidity event.

Questions to Ask at the Interview

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

  • 1

    How does Orderful's AI-native Mosaic platform create a sustainable moat against SPS Commerce's network scale?

  • 2

    Given 80% gross margins but unclear profitability, what is the path to breakeven and how does that affect equity value?

  • 3

    What is your view on the likelihood of an IPO or acquisition within 3 years, and how would that impact liquidity?

Community

Valuation Sentiment

Our model estimates +29% 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.