-91%

est. 2Y upside i

DevOps & InfraSeries D+

Serverless MySQL database platform built on Vitess

Rank

#3714

Sector

Database Software

Est. Liquidity

~6Y

Data Quality

Data: Low

The expected equity upside over 2 years is approximately -90.7%, driven by an extremely high current valuation multiple (61x current revenue) relative to public comps (6-10x).

Last updated: July 21, 2026

Bull (35%)-78%

Exit multiple expands to 12x driven by a favorable IPO window and category leadership. Projected revenue $46.6M yields $559M exit, common recovers $374M after preference, a 62.6% loss before 15% dilution.

Base (40%)-96%

Exit multiple converges to 8x, in line with public comps. Exit at $373M, common recovers $188M after preference, an 81.2% loss before 15% dilution.

Bear (25%)-100%

Exit multiple compresses to 3.5x, below public comps, yielding exit of $163M, below the $185M preference stack. Common stock receives nothing, a 100% loss.

Est. time to liquidity~6.0 years
Adjusted for competitive dynamics: -92% (raw: -91%, adjustment: -1%)

Preference Stack Risk

high

Funding Intensity

19%

Total funding of $185M represents 18.5% of current valuation, meaning common stock is subordinate to a significant preferred stack.

Dilution Risk

moderate

Given current burn rate and path to profitability, a future fundraise may dilute common holders by an estimated 15%.

Secondary Liquidity

none

No secondary market activity reported.

Other — 8 roles

View all 8 open roles at PlanetScale →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How do you plan to achieve profitability while maintaining high growth?”

  • 2

    “What is the company's long-term competitive moat against cloud providers like AWS Aurora?”

  • 3

    “What is the expected timeline to an IPO or liquidity event?”

Community

Valuation Sentiment

Our model estimates -91% 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.