+140%

est. 2Y upside i

Media & CommsSeries A

Polycam is a 3D creation tool company that develops a sensor app to capture 3D scans of objects. Its tool for photorealistic 3D asset creation is used to capture, document, edit, and share digital 3D content. Its sensors use computer vision and artificial intelligence technology such as a colorization engine to create 3D objects and spaces.

Rank

#158

Sector

Multimedia and Design Software

Est. Liquidity

~4Y

Data Quality

Data: Medium

Proceed with caution.

Last updated: July 19, 2026

Bull (25%)+286%

If multiple expands to 8x on $12.2M revenue ($97.8M exit), common gets $75.8M after $22M preference, a 301% upside before 15pp dilution. Driven by category leadership and potential IPO window.

Base (50%)+156%

Multiple converges to 6x ($73.3M exit), common gets $51.3M, 171% upside before dilution. Assumes gradual growth and public comp multiples.

Bear (25%)-38%

Multiple compresses to 3x ($36.7M exit), common gets $14.7M, a 22.5% loss before dilution. Preference stack exacerbates downside; exit may barely clear preference.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

116%

Total funding of $22M exceeds current valuation of $18.9M, meaning common stock has negative equity on a liquidation basis.

Dilution Risk

moderate

Company is profitable and may not need a raise, but to fund growth, a future round could dilute common by 15-20%.

Secondary Liquidity

none

No secondary market activity reported.

View all 4 open roles at Polycam →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Polycam plan to monetize the 800M iPhone users who can now scan for free?”

  • 2

    “What is the churn rate for your subscription tiers, and how does it compare to Matterport?”

  • 3

    “Given the profitable but low multiple, what is the strategy to increase the valuation multiple (e.g., accelerating growth, expanding margins, or pursuing an IPO)?”

Community

Valuation Sentiment

Our model estimates +140% 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.