0%

est. 2Y upside i

AI & MLSeries A

Rank

#2890

Sector

AI Training Infrastructure

Est. Liquidity

~5Y

Data Quality

Data: Low

The equity upside is highly uncertain due to lack of financial data.

Last updated: July 3, 2026

Bull (10%)+180%

If Protégé achieves category leadership with its AI data network, revenue could reach $50M by year 2 with a 15x multiple, implying $750M exit vs $150M assumed entry. After 20% dilution, net 180% upside.

Base (55%)+30%

Moderate growth to $30M revenue with 10x multiple gives $300M exit, but after dilution and preference stack, net 30% upside.

Bear (35%)-100%

If competition or regulatory issues stall growth, exit below $65M preference, common stock recovers near -100%.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

4330%

$65M in total funding implies a 43% preference overhang against an assumed $150M valuation, leaving common stockholders with limited recovery in a downside scenario.

Dilution Risk

high

With only $30M raised in the latest round, the company likely needs another round within 2 years, diluting existing shareholders by 20-30%.

Secondary Liquidity

none

No secondary market activity reported.

Questions to Ask at the Interview

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

  • 1

    “How does Protégé plan to differentiate its data marketplace from Scale AI and big tech proprietary platforms?”

  • 2

    “What are the unit economics of a typical data licensing deal (e.g., revenue share, customer acquisition cost)?”

  • 3

    “What is the expected timeline to liquidity, and how is the option pool currently structured?”

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.