-58%

est. 2Y upside i

Climate TechSeries C

Raptor Maps builds software to manage the solar PV lifecycle.

Rank

#1973

Sector

Clean Energy Software

Est. Liquidity

~3Y

Data Quality

Data: Medium

Raptor Maps presents a moderate upside opportunity for a job seeker, driven by its position in a large and growing clean energy software market addressing significant industry inefficiencies.

Last updated: March 10, 2026

Bull (30%)+150%

Raptor Maps' new Raptor Solar Sentry product gains significant traction, driving rapid adoption among solar asset owners and operators. The company expands its proprietary data model and AI-powered analytics, capturing a substantial share of the $2.0B TAM. Revenue grows to over $50M by 2027, justifying a valuation of approximately $437.5M at a 8.75x revenue multiple, well above the current estimated $175M.

Base (40%)+50%

Raptor Maps continues to grow steadily, leveraging its existing customer base and moderate competitive moat. It maintains its position in the specialized solar asset management software market, growing revenue to around $25M by 2027. This growth supports a valuation of approximately $262.5M, representing a 10.5x revenue multiple, a modest increase from the current estimated $175M.

Bear (30%)-50%

Increased competition from well-funded incumbents or new entrants, coupled with slower-than-expected market adoption, limits Raptor Maps' growth. Revenue stalls at around $15M by 2027, and the high valuation multiple compresses. A down round or a modest exit at approximately $87.5M valuation wipes out a significant portion of common stock value, especially given the $62M in liquidation preferences.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Investors hold approximately $62M in liquidation preferences. In an exit at or below $175M, common stock holders would see significantly reduced or no returns until the preference stack is cleared.

Dilution Risk

high

As a Series C company, further funding rounds are likely before an IPO or acquisition, which will lead to additional dilution for existing equity holders.

Secondary Liquidity

none

There is no indication of active secondary markets or tender offers for Raptor Maps' equity at this stage.

Questions to Ask at the Interview

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

  • 1

    Raptor Maps operates in a competitive landscape with players like Zeitview, SkySpecs, and Sitemark. How does Raptor Maps plan to differentiate its 'Raptor Solar Sentry' product to maintain its competitive moat and capture market share, especially against larger incumbents or those with broader drone/AI platforms?

  • 2

    With an estimated $8M in revenue and a Series C funding round, what are the company's key growth targets for the next 24 months, and what specific strategies are in place to achieve significant market penetration in the $2.0B TAM, particularly given the current 0.02% market share in data analytics?

  • 3

    Given the Series C funding and the significant liquidation preference stack of approximately $62M on an estimated $175M valuation, how does Raptor Maps envision the path to a liquidity event for common stock holders, and what is the anticipated timeline for such an event?

Community

Valuation Sentiment

Our model estimates -58% 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.