-47%

est. 2Y upside i

Series C

Peregrine creates software that helps organizations integrate and analyze large and complex data stores to inform enterprise decision making.

Rank

#1617

Sector

GovTech / Public Safety Software

Est. Liquidity

~4Y

Data Quality

Data: Medium

Peregrine offers credible path to liquidity but carries political exposure, incumbent competition, and $2.5B valuation leaving limited margin.

Last updated: March 20, 2026

Bull (25%)+200%

Dominant AI data platform for public safety, $150M+ ARR by 2028, IPO or acquisition at premium.

Base (45%)+60%

Steady 25-35% growth to $90-110M ARR, IPO at GovTech SaaS multiple.

Bear (30%)-55%

Budget cuts, civil liberties backlash, incumbent undercutting, distressed sale.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Funding Intensity

11%

$268.8M preferences; common participates above ~$3B exit.

Dilution Risk

moderate

One more growth round likely adding 5-10%.

Secondary Liquidity

none

GovTech rarely does tender offers.

Other — 2 roles

View all 2 open roles at Peregrine →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Renewal rate and NRR?”

  • 2

    “Political risk management?”

  • 3

    “Additional fundraising plans?”

Community

Valuation Sentiment

Our model estimates -47% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.