+100%

est. 2Y upside i

Series B

We deploy autonomous drones to 911 calls. Our software gives first…

Rank

#446

Sector

Public Safety Drone Technology

Est. Liquidity

~3Y

Data Quality

Data: Medium

Paladin has a moderate expected upside of ~100% over 2 years, but faces high risk from regulatory hurdles and need for additional capital.

Last updated: July 20, 2026

Bull (30%)+203%

Strong revenue growth to $25M+ by 2028 and exit multiple expansion to 5x if Paladin achieves category leadership in DFR and an IPO window opens, yielding a $126M market cap, a 223% gain for the company (pre-dilution).

Base (50%)+74%

Revenue grows to $25M by 2028 and exit multiple converges to 3x in line with public comps (AVAV, KTOS, LHX), yielding a $76M company value, a 94% gain (pre-dilution).

Bear (20%)+9%

Growth disappoints due to incumbent competition or regulatory hurdles, multiple compresses to 2x, resulting in a $51M exit, a 29% gain (pre-dilution), but preference stack limits common upside further.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

81%

Total funding of $31.7M vs. $39.2M valuation implies preferred shares hold 81% of equity, leaving common with ~19%.

Dilution Risk

high

The company filed to raise an additional $18M, which could dilute common by 15-25%.

Secondary Liquidity

none

No secondary transactions reported; no liquidity for employees.

View all 2 open roles at Paladin →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Paladin plan to navigate FAA BVLOS regulations in a post-DJI world?”

  • 2

    “What are the unit economics of a typical DFR contract? What is the recurring vs. one-time revenue split?”

  • 3

    “What is the current option pool size and has the board discussed a 409A refresh?”

Community

Valuation Sentiment

Our model estimates +100% 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.