-33%

est. 2Y upside i

CybersecuritySeries C

Infrastructure access platform for secure connectivity to servers and databases

Rank

#2925

Sector

Cybersecurity

Est. Liquidity

~4Y

Data Quality

Data: Low

The expected 2-year upside is -32.6% given a stale $1.1B valuation and high multiple compression risk.

Last updated: July 19, 2026

Bull (30%)+56%

Multiple holds at 31.6x, driven by IPO window and category leadership in zero-trust identity. Projected $61.3M revenue yields $1.94B exit, net of 20% dilution.

Base (50%)-64%

Multiple contracts to 10x, in line with public comps, yielding $613M exit. Combined with 20% dilution, results in -64.3% return.

Bear (20%)-87%

Multiple compresses to 6x, below comp range, yielding $368M exit. After 20% dilution, severe loss of -86.5%. Preference stack not triggered as exit > $169M funding.

Est. time to liquidity~4.0 years
Adjusted for competitive dynamics: -29% (raw: -33%, adjustment: +3%)

Preference Stack Risk

moderate

Funding Intensity

1540%

Total preferred funding $169M equates to 15.4% of current valuation, creating moderate preference overhang.

Dilution Risk

high

No recent funding round since 2022, likely needing a raise within 24 months; estimated 20% dilution.

Secondary Liquidity

none

No secondary market data available; illiquid private shares.

Questions to Ask at the Interview

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

  • 1

    “How does Teleport plan to maintain its growth rate amid increasing competition from incumbents like Zscaler and Okta?”

  • 2

    “What is the current cash runway and when do you anticipate needing to raise additional capital?”

  • 3

    “How are equity grants valued given the 2022-round pricing, and is there a secondary market or 409A refresh planned?”

Community

Valuation Sentiment

Our model estimates -33% 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.