-99%

est. 2Y upside i

AI & MLSeries B

Vector database platform for building similarity search and AI applications

Rank

#3772

Sector

AI Infrastructure / Database Software

Est. Liquidity

~2Y

Data Quality

Data: Low

Extreme caution.

Last updated: July 3, 2026

Bull (10%)-98%

Exit at 12x forward revenue ($34.2M) yields -98% return; unlikely given revenue decline and no IPO catalyst.

Base (35%)-99%

Exit at 8x forward revenue ($22.8M) yields -99% return; reflects continued revenue decline and multiple compression.

Bear (55%)-100%

Exit at 3x forward revenue ($8.55M) yields -100% return; common stock recovery nil due to preference stack.

Est. time to liquidity~2.0 years
Adjusted for competitive dynamics: -99% (raw: -99%, adjustment: -0%)

Preference Stack Risk

low

Funding Intensity

750%

Total funding $138M vs valuation $1.83B (7.5% overhang) – low preference risk.

Dilution Risk

high

Likely capital raise within 24 months due to cash burn and declining revenue; 20% dilution assumed.

Secondary Liquidity

moderate

Secondary market exists (current valuation source), but liquidity is limited and price may be stale given declining fundamentals.

GTM 3 roles

Marketing 3 roles

Product 2 roles

View all 13 open roles at Pinecone

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    What strategic initiatives would you propose to reverse the revenue decline?

  • 2

    How would you evaluate the unit economics and customer retention given negative growth?

  • 3

    How do you value equity in a company with negative growth and a stretched valuation?

Community

Valuation Sentiment

Our model estimates -99% 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.