+14%

est. 2Y upside i

Climate TechSeries A

Rank

#1729

Sector

Sustainable Packaging & Supply Chain Tech

Est. Liquidity

~2Y

Data Quality

Data: Low

Given the stale Series A valuation (est. $90M) and missing growth data, the equity upside is highly uncertain with a projected expected return of ~14% over 2 years.

Last updated: July 19, 2026

Bull (15%)+84%

Exit multiple expands to 7x forward revenue driven by IPO window and category leadership in sustainable packaging. Projected revenue of $26.2M yields exit value $183.4M, net 83.8% after 20% dilution.

Base (50%)+26%

Exit multiple converges to 5x, in line with public comps. Exit value $131M, net 25.6% after dilution. Market adopts sustainable packaging steadily.

Bear (35%)-33%

Multiple compresses to 3x due to increased competition or macro headwinds. Exit value $78.6M, net -32.7% after dilution. Preference stack of $31.8M reduces common recovery.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

22100%

Total funding of $31.8M represents 35% of estimated valuation, creating significant preference overhang that dilutes common equity in a downside scenario.

Dilution Risk

high

No funding since 2022; likely raise within 2 years, diluting existing holders by ~20%.

Secondary Liquidity

none

No secondary trading data; equity is illiquid until an exit event.

Other — 2 roles

View all 2 open roles at Sourceful →

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Sourceful's AI packaging design create a defensible moat against incumbents like SAP Ariba?”

  • 2

    “What is the unit economics and customer acquisition cost for the platform?”

  • 3

    “What is the expected timeline to profitability or next funding round, and how does that affect equity value?”

Community

Valuation Sentiment

Our model estimates +14% 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.