+266%

est. 2Y upside i

DevOps & InfraSeries A

Design system platform joins developers and designers together

Rank

#56

Sector

Developer Tools

Est. Liquidity

~4Y

Data Quality

Data: Medium

Supernova's equity offers significant potential upside (266% expected) due to low entry valuation and possible multiple expansion, but severe preference overhang and competitive risks temper the outlook.

Last updated: July 19, 2026

Bull (10%)+380%

AI demand drives enterprise adoption; IPO window opens; revenue reaches $12.1M, multiple expands to 8x, implying $96.8M exit. After dilution, upside 380%.

Base (50%)+360%

Steady growth to $12.1M revenue, multiple converges to 6x peer average, exit $72.6M. After dilution, upside 360%.

Bear (40%)+120%

Competition from Figma intensifies; growth slows; multiple compresses to 3x, exit $36.3M. After dilution, upside 120%; preference stack absorbs some value but common still positive.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

148%

Total funding of $22.2M exceeds current valuation of $15M, implying common stock is underwater on a liquidation basis.

Dilution Risk

high

With $5M ARR and 75 employees, annual burn likely exceeds revenue, necessitating a Series B within 18-24 months, estimated 20% dilution.

Secondary Liquidity

none

No secondary market transactions have been observed; liquidity likely limited to acquisition or IPO.

View all 9 open roles at Supernova →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Supernova plan to differentiate from Figma's upcoming AI features?”

  • 2

    “What is the current net dollar retention and churn rate?”

  • 3

    “What milestones will trigger the next financing round?”

Community

Valuation Sentiment

Our model estimates +266% 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.