-84%

est. 2Y upside i

AI & MLSeries B

Platform for running open source machine learning models via API

Rank

#3932

Sector

AI Infrastructure

Est. Liquidity

~0Y

Data Quality

Data: Low

Replicate has been acquired by Cloudflare for $57.359M, far below its $350M Series B valuation.

Last updated: July 3, 2026

Bull (10%)-84%

Company acquired by Cloudflare for $57.359M; equity converted to Cloudflare RSUs. Cloudflare stock may appreciate, but Replicate standalone upside fixed at -83.6% from $350M entry.

Base (70%)-84%

Acquisition completes at $57.359M; common equity receives near-zero recovery after preference stack. No further upside from Replicate.

Bear (20%)-84%

Same outcome as base: acquisition consummated at low price. Worse case would be deal termination, but data confirms completion.

Est. time to liquidity~0.0 years
Adjusted for competitive dynamics: -86% (raw: -84%, adjustment: -3%)

Preference Stack Risk

severe

Funding Intensity

109060%

Total funding $57.8M vs exit value $57.359M; preference stack (1x non-participating) consumes nearly all proceeds, leaving common stock with near-zero recovery.

Dilution Risk

low

No further dilution expected post-acquisition; equity converted to Cloudflare shares.

Secondary Liquidity

none

No secondary market exists; equity is illiquid until acquisition close, then becomes Cloudflare stock.

Other — 1 role

View all 1 open roles at Replicate →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How do you see Replicate's technology fitting into Cloudflare's product suite?”

  • 2

    “What is your view on the market for serverless AI inference and its growth potential?”

  • 3

    “How would you structure your equity to align with Cloudflare's long-term performance?”

Community

Valuation Sentiment

Our model estimates -84% 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.