-48%

est. 2Y upside i

Series A

Terminal 49 is an all-in-one shipment and container tracking platform.

Rank

#3669

Sector

Supply Chain Tech

Est. Liquidity

~2Y

Data Quality

Data: Low

Given high uncertainty from missing financials and heavy competition, equity upside is likely negative over 2 years (expected -48%).

Last updated: July 3, 2026

Bull (10%)+104%

IPO window or acquisition by a logistics giant sustains multiple at 16x. Common shares see 104% upside after 20% dilution.

Base (50%)-51%

Multiple compresses to 6x as growth decelerates. Common returns -51% after dilution.

Bear (40%)-82%

Multiple falls to 4x with heavy competition. Common recovers only $3.45M after preference, returning -82% after dilution.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

3570%

$8.7M in liquidation preference equals 36% of current valuation, meaning common stock value is only $15.6M.

Dilution Risk

moderate

Assuming a future raise dilutes existing shareholders by 20%.

Secondary Liquidity

none

No secondary market activity reported.

Questions to Ask at the Interview

Strategic questions based on Terminal 49's data — designed to show you've done your homework.

  • 1

    “How do you plan to differentiate from project44 and FourKites, which have raised hundreds of millions?”

  • 2

    “What is your current ARR and growth rate? (data missing)”

  • 3

    “What timeline do you foresee for an exit (IPO or acquisition) given the competitive landscape?”

Community

Valuation Sentiment

Our model estimates -48% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.