Origin
+11%
est. 2Y upside i
Origin is the first comprehensive money management platform for the modern workforce. We’re an integrated solution that helps your entire company manage compensation, benefits, and personal finances in a single place—side by side with financial professionals.
Rank
#2540
Sector
Fintech
Est. Liquidity
~3Y
Data Quality
Data: MediumModerate upside (11% expected) over 2 years is offset by high risk.
Last updated: July 3, 2026
Multiple expands to 5x (top of public comps) driven by IPO window and category leadership, yielding $115M exit. After 20% dilution, net upside ~110%.
Multiple converges to 4x on $23M projected revenue, yielding $92M exit. After 20% dilution, net upside ~64%.
Multiple compresses to 2x due to incumbent competition, exit value $46M below $68M preference stack. Common stock worthless, net -100%.
Preference Stack Risk
severeFunding Intensity
136%Total funding of $68M exceeds current valuation of $50.1M, creating a 136% preference overhang that severely dilutes common equity.
Dilution Risk
moderateLikely fundraising within 2 years given stale last round (2021); assumed 20% dilution.
Secondary Liquidity
moderateSecondary market exists with recent transaction at $50.1M, providing some exit path.
Questions to Ask at the Interview
Strategic questions based on Origin's data — designed to show you've done your homework.
- 1
“How does Origin plan to differentiate from incumbents like Fidelity and Morgan Stanley?”
- 2
“What is the company's current cash runway and when do you expect to raise next?”
- 3
“How does the equity structure (preference stack) impact employee upside?”
Community
Valuation Sentiment
Our model estimates +11% 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.