+16%

est. 2Y upside i

Series A

Workforce Management for Large Farms

Rank

#228

Sector

AgriTech

Est. Liquidity

~3Y

Data Quality

Data: Low

PickTrace is a profitable AgriTech SaaS company with a strong niche in agricultural labor management, supported by a proprietary Wage Engine and high regulatory barriers.

Last updated: March 10, 2026

Bull (28%)+400%

PickTrace aggressively expands into new geographies (e.g., South America, Europe) and introduces new modules like advanced analytics and supply chain integration, capturing significant market share. Revenue grows to $90M+ by 2028, justifying a $1.75B+ valuation at a premium 19x multiple as the clear AgriTech labor management leader.

Base (47%)+100%

PickTrace maintains its strong position in the US and expands moderately into existing international markets, growing revenue to ~$70M by 2028. An IPO or acquisition at a 10x revenue multiple would result in a $700M valuation.

Bear (25%)-80%

Increased competition from larger ERPs and specialized competitors erodes market share and pricing power. Growth slows significantly, leading to a down round or distressed acquisition at a $70M valuation, severely impacting common stock value.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

With $48M in total funding on an estimated $350M valuation, investors hold approximately 13.7% of the company's value in liquidation preferences.

Dilution Risk

moderate

As a Series A company, it is likely that PickTrace will raise additional funding rounds before a potential IPO or acquisition, which could lead to further dilution for common shareholders.

Secondary Liquidity

none

There is no indication of active secondary markets or tender offers for PickTrace's private shares.

Customer Experience — 1 role

View all 1 open roles at PickTrace →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given the 'medium' incumbent threat, how is PickTrace strategically positioning itself to defend against larger agricultural software providers or general ERP systems that might expand into your core labor management features?”

  • 2

    “With an estimated current revenue of around $41M and a TAM of $5.2B, what are the key growth levers PickTrace plans to pull over the next 2-3 years to significantly increase market penetration and scale revenue?”

  • 3

    “Considering the Series A round in 2018 and the company's profitability, what is the anticipated timeline and preferred path to a liquidity event for employees, and how is the company managing potential future dilution?”

Community

Valuation Sentiment

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