-42%

est. 2Y upside i

FinTechSeries D+

Rank

#3156

Sector

Fintech

Est. Liquidity

~2Y

Data Quality

Data: Medium

Raisin's equity offers limited upside over 2 years due to its high valuation (10.8x revenue) relative to public fintech peers (1-3x).

Last updated: July 19, 2026

Bull (30%)-4%

If IPO window opens and Raisin maintains its current premium multiple of 10x, valuation could reach $2.05B, yielding a slight loss (-4%) as revenue grows modestly.

Base (55%)-52%

Multiple converges to 4x, reflecting public comps (TREE, NRDS, UPST) trading at 1-3x, resulting in a $1.03B valuation, a 52% decline despite revenue growth to $257M.

Bear (15%)-82%

Multiple compresses to 1.5x due to interest rate normalization or competitive pressure, valuation drops to $385M; common stock recovers near zero after preference stack.

Est. time to liquidity~2.0 years

Preference Stack Risk

high

Funding Intensity

15%

Total funding of $321M represents 15% of current valuation, high overhang.

Dilution Risk

low

Company is profitable and may not need additional funding before IPO.

Secondary Liquidity

moderate

Secondary market activity observed in Dec 2024 provides some liquidity.

Other — 49 roles

View all 49 open roles at Raisin →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Raisin plan to defend its marketplace from traditional banks developing in-house platforms?”

  • 2

    “What is the revenue contribution from each geography and how does unit economics vary?”

  • 3

    “Given the planned IPO, what is the expected lock-up period and what is the company's policy on secondary sales for employees?”

Community

Valuation Sentiment

Our model estimates -42% 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.