0%

est. 2Y upside i

FinTechAI & MLSeries A

Building the world's first AI-powered, cross-border compliance engine. Backed by Felicis Ventures, Y Combinator, Uncommon Capital and leading angel investors, including the founders of Go1, Lyft, BetterUp, Xendit and Flexport.

Rank

#2914

Sector

Fintech, AI, SaaS

Est. Liquidity

~5Y

Data Quality

Data: Low

Sphere is an early-stage company with a compelling AI-powered tax compliance solution, but the lack of financial data makes equity valuation highly speculative.

Last updated: July 3, 2026

Bull (20%)+200%

Sphere achieves market leadership with AI automation, exits at 10x forward revenue, but revenue unknown.

Base (55%)+100%

Moderate growth and multiple expansion, but dilution reduces returns.

Bear (25%)-80%

Preference stack liquidation preference causes common stock to be worthless if exit below $25.4M.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

2540%

Total funding of $25.4M against an estimated $100M valuation gives ~25% preference, meaning common recovers only after preferred liquidation.

Dilution Risk

high

Early stage likely requires additional funding within 2 years, diluting common equity significantly.

Secondary Liquidity

none

No secondary market data available; likely no liquidity until IPO or acquisition.

Engineering — 4 roles

Growth — 1 role

Operations — 1 role

People — 1 role

Sales — 1 role

View all 8 open roles at Sphere →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “What is the company's current ARR and gross margin?”

  • 2

    “How does Sphere's unit economics compare to incumbents?”

  • 3

    “What is the expected dilution from future funding rounds?”

Community

Valuation Sentiment

Our model estimates 0% 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.