-51%

est. 2Y upside i

FinTechSeries B

Rank

#3273

Sector

Fintech

Est. Liquidity

~5Y

Data Quality

Data: Low

Given the high preference overhang (total funding $63.9M vs assumed $150M valuation) and intense incumbent competition, the expected common equity return over 2 years is highly negative (-50.6% prob-weighted).

Last updated: July 3, 2026

Bull (20%)+24%

If Tebi captures market share and goes public or gets acquired, a 6x exit multiple yields $280M enterprise, common equity $216M (43.8% raw upside) net of 20% dilution gives 23.8% upside.

Base (40%)-38%

Converging to public comp multiples of 4x gives $186M enterprise, common $122M (-18.3% raw) net of dilution -38.3%, as preference overhang absorbs gains.

Bear (40%)-100%

Multiple compression to 2x yields $93M enterprise, common only $29M (-80.5% raw) net of dilution -100.5% loss; preference stack provides no recovery.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

43%

Total funding of $63.9M represents 42.6% of assumed $150M valuation, meaning common stock is effectively junior to a large liquidation preference.

Dilution Risk

high

With $34M raised in June 2025 and 117 employees, additional financing is likely within 2 years, potentially diluting existing holders by ~20%.

Secondary Liquidity

none

No secondary market transactions reported; liquidity event likely years away.

Engineering — 8 roles

Marketing — 2 roles

Tebi Partner Program — 1 role

View all 21 open roles at Tebi →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Tebi differentiate its unified architecture from Toast's add-on model?”

  • 2

    “What is your rule-of-40 or unit economics (e.g., LTV/CAC) given the success-based pricing?”

  • 3

    “Given the European regulatory complexity, how do you see the path to profitability and IPO timeline?”

Community

Valuation Sentiment

Our model estimates -51% 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.