-18%

est. 2Y upside i

AI & MLSeries B

AI Research and Product company with a mission to build amazing generative models and advance AI research. From visual intelligence platforms for video editing and search to state-of-the-art web agents for researching complex questions, Reka is intelligence made for the real world.

Rank

#2733

Sector

Artificial Intelligence

Est. Liquidity

~3Y

Data Quality

Data: Medium

Reka offers high-risk equity with expected -18% return over 2 years.

Last updated: July 3, 2026

Bull (35%)+11%

With continued hypergrowth and an IPO window, exit multiple holds at 18x on $100M revenue, yielding $1.8B exit. After 20% dilution, shares appreciate 10.8%.

Base (45%)-26%

Multiple converges to public comp median of 12x on $100M revenue, exit $1.2B. After dilution, shares decline 26.2%.

Bear (20%)-51%

Multiple compresses to 8x due to Big Tech competition and slowing growth; exit $800M. After dilution and preference, shares lose 50.8%.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

14%

Total preferred stock of $180M represents 13.8% of the $1.3B secondary valuation, a moderate overhang.

Dilution Risk

high

With current burn rate and $45M ARR, a capital raise within 2 years is probable, diluting existing holders by ~20%.

Secondary Liquidity

limited

A secondary transaction at $1.3B occurred, suggesting some liquidity, but activity is likely limited to large investors.

View all 6 open roles at Reka AI →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Reka's multimodal architecture differentiate from Gemini or Claude in terms of cost per inference?”

  • 2

    “What is the go-to-market strategy for enterprise platform licensing vs API usage?”

  • 3

    “Given the co-founder departure, what is the current leadership stability and retention plan?”

Community

Valuation Sentiment

Our model estimates -18% 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.