-68%

est. 2Y upside i

Series C

The best way to launch, manage and measure social impact programs

Rank

#3506

Sector

Social Impact Software

Est. Liquidity

~3Y

Data Quality

Data: Low

Submittable presents a moderate upside opportunity (14% expected return) for a job seeker, tempered by significant equity structure risks.

Last updated: March 10, 2026

Bull (20%)+80%

Submittable successfully integrates WizeHive, expands its market leadership, and accelerates revenue growth to over $100M annually, fending off incumbent threats. This justifies a $1.08B valuation (1.8x current) at a strong multiple, leading to a successful acquisition or IPO.

Base (50%)+20%

Submittable maintains its position in the social impact software market, growing revenue steadily to approximately $70M-$80M annually. It reaches a valuation of $720M (1.2x current) in an eventual liquidity event, offering a modest return for common shareholders.

Bear (30%)-40%

Intense competition from incumbents like Blackbaud and Salesforce, coupled with challenges in integrating WizeHive and slower market adoption, leads to growth stagnation and revenue remaining below $50M. Valuation drops to $360M, significantly impacting common stock value due to high liquidation preferences.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Investors hold $169M in liquidation preferences ahead of common shareholders. In an exit at or below $600M, common stock holders would see significantly reduced or no returns.

Dilution Risk

moderate

The company recently completed a large funding round and an acquisition, suggesting potential for further equity issuance before an exit, though perhaps less immediate than earlier stages.

Secondary Liquidity

limited

Secondary trading is possible for accredited investors on platforms like Nasdaq Private Market, Hiive, and Prospect, but typically requires company approval.

Other — 2 roles

View all 2 open roles at Submittable →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given the recent $91.5M Later Stage VC round in August 2024 and the acquisition of WizeHive, how is Submittable prioritizing product integration and market expansion to drive revenue growth, especially against broader incumbents like Blackbaud and Salesforce?”

  • 2

    “With a significant portion of total funding ($169M) representing liquidation preferences, how does Submittable envision creating substantial common stock value for employees in a potential liquidity event over the next 2-3 years, particularly if the exit valuation is not significantly above the estimated $600M current valuation?”

  • 3

    “Submittable has been recognized as a 'Fastest-Growing Private Company' multiple times. What are the key metrics the leadership team is focused on to sustain this growth trajectory and expand the SAM, especially considering the weighted TAM growth of ~10% YoY in your core segments?”

Community

Valuation Sentiment

Our model estimates -68% 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.