Slingshot AI

talktoash.com →

-40%

est. 2Y upside i

HealthcareAI & MLSeries A

Slingshot AI is the team behind Ash, the first AI designed for therapy. Our mission is to make mental healthcare more accessible and help people change their lives in the ways they want. Ash is not designed to be used in crisis. If you are in crisis, please seek out professional help, or a crisis line.

Rank

#3110

Sector

Digital Health, AI/ML

Est. Liquidity

~4Y

Data Quality

Data: Low

The equity upside is heavily negative due to a 55x revenue multiple on just $4M ARR and severe preference overhang.

Last updated: July 19, 2026

Bull (25%)+27%

Exit multiple expands to 20x due to IPO window and category leadership in AI therapy. Projected revenue of $14M yields exit value of $280M.

Base (50%)-43%

Exit multiple contracts to 9x, converging toward public SaaS comps. Exit value of $126M falls well below entry valuation of $220M.

Bear (25%)-100%

Exit multiple collapses to 5x due to regulatory headwinds and competition. Implied exit of $70M is below $93M preference stack, wiping out common equity.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

42%

Total funding of $93M constitutes 42.3% of the $220M valuation, giving preferred investors strong protection in a downside scenario.

Dilution Risk

low

With $93M in funding, the company has ample runway for 2+ years, making a new raise unlikely within the 2-year horizon.

Secondary Liquidity

none

No secondary market or tender offers are known; equity is illiquid until a liquidity event.

Engineering — 1 role

View all 1 open roles at Slingshot AI →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does the UK withdrawal affect your go-to-market strategy and regulatory approach in other regions?”

  • 2

    “What is the path to converting free users to a subscription model?”

  • 3

    “How would you evaluate the equity value given the high preference stack and potential dilution from future rounds?”

Community

Valuation Sentiment

Our model estimates -40% 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.