-88%

est. 2Y upside i

DevOps & InfraSeed

Rerun is building the data stack for Physical AI. Open source logging and visualization multimodal data. Managed infrastructure to ingest, store, analyze, and stream data at scale with built-in visual debugging. Fast, flexible, and easy to use.

Rank

#1312

Sector

Developer Tools

Est. Liquidity

~6Y

Data Quality

Data: Medium

Rerun operates in a high-growth, critical segment of the Physical AI market with a strong open-source foundation and a promising commercial product, offering moderate upside potential.

Last updated: February 23, 2026

Bull (30%)+250%

Rerun achieves significant market leadership in the rapidly expanding Physical AI data infrastructure, successfully converting open-source users to its high-value commercial platform and securing a strong exit.

Base (35%)+75%

Rerun continues to grow steadily, capturing a meaningful share of the Physical AI data market despite intense competition, leading to a respectable acquisition or IPO at a moderate valuation increase.

Bear (35%)-80%

Rerun struggles to differentiate against well-funded competitors and incumbent solutions, fails to achieve sufficient commercial traction, or faces a down round, significantly eroding equity value.

Est. time to liquidity~6.0 years

Preference Stack Risk

high

Investors hold approximately $20.2 million in liquidation preferences, representing about 22.4% of the estimated $90 million valuation, indicating a high preference stack ahead of common shareholders.

Dilution Risk

high

As an early-stage company that has recently completed a Seed round, Rerun will likely require several more significant funding rounds to scale, leading to substantial future dilution for current equity holders.

Secondary Liquidity

none

For a company at this early stage, there is typically no active secondary market or tender offers for employee equity, meaning liquidity is years away.

Cross org — 1 role

User Space — 1 role

View all 5 open roles at Rerun →

Last updated: March 10, 2026

Community

Valuation Sentiment

Our model estimates -88% 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.