-16%

est. 2Y upside i

DevOps & InfraSeries A

Rank

#3267

Sector

Developer Tools

Est. Liquidity

~2Y

Data Quality

Data: Low

With a stale $80M valuation and no disclosed revenue, the expected equity upside over 2 years is -16% after dilution, reflecting critical competitive threats and likely dilution.

Last updated: July 3, 2026

Bull (10%)+98%

Oso capitalizes on the AI agent security trend, sustaining a 12x revenue multiple on projected $14.56M revenue, yielding a $174.7M exit (118% gross upside). After 20% dilution, net upside is 98%.

Base (45%)-11%

Multiple converges to 6x on $14.56M revenue, implying $87.4M exit (9% gross upside). After 20% dilution, net downside of -11%.

Bear (45%)-47%

Multiple compresses to 4x due to critical incumbent competition from AWS, Okta, and Auth0, resulting in $58.2M exit (-27% gross). After 20% dilution, net downside of -47%.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

3240%

Total preferred stock of $25.9M represents 32% of the $80M valuation, creating a high preference overhang for common stock.

Dilution Risk

high

Expect 20% dilution from a likely Series B raise within 2 years given the 3-year gap since the last round.

Secondary Liquidity

none

No secondary trading activity reported or implied.

Engineering — 3 roles

Marketing — 2 roles

Sales — 2 roles

View all 7 open roles at Oso →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Oso differentiate from open-source alternatives like Open Policy Agent and AWS Cedar?”

  • 2

    “What is the current ARR and growth trajectory, and how does the usage-based model scale with AI agent adoption?”

  • 3

    “Given the Series A-1 was in mid-2023, what is the expected timeline for the next round and what terms are anticipated?”

Community

Valuation Sentiment

Our model estimates -16% 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.