-31%

est. 2Y upside i

DevOps & InfraSeries B

Tinybird helps developers and data teams build data products over analytical data, at any scale. Developers can build data products that make use of our low-latency, high-concurrency APIs - in minutes, not weeks, using the tools they already know: SQL and APIs.

Rank

#2975

Sector

Developer Tools

Est. Liquidity

~3Y

Data Quality

Data: Medium

The equity potential is challenging: expected return of -31% over 2 years due to stale valuation, high competition, and likely dilution.

Last updated: July 3, 2026

Bull (20%)+97%

Exit multiple holds near 20x on $25.9M revenue, yielding $520M exit. Dilution of 20% reduces upside to 96.7%. Driven by IPO window and category leadership.

Base (35%)-23%

Exit multiple converges to 9x, $234M exit, just below entry. After 20% dilution, downside of -22.5%. Expect slow growth and competitive pressure.

Bear (45%)-95%

Exit multiple compresses to 5x, $130M exit. After 1x preference ($70M), common gets $60M. With 20% dilution, returns -95%. Incumbent threat and capital intensity weigh.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

2920%

Total funding of $70M represents 29% of the $240M entry valuation, creating a high preference overhang.

Dilution Risk

high

Given $12.8M revenue and not profitable, a capital raise is probable within 2 years, estimated at 20% dilution.

Secondary Liquidity

none

No secondary market transactions detected; liquidity likely tied to an event.

Engineering — 3 roles

Company — 1 role

View all 4 open roles at Tinybird →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How do you plan to differentiate from Snowflake and Databricks in the next 2 years?”

  • 2

    “What is the customer acquisition cost and payback period for your subscription model?”

  • 3

    “What is the expected dilution from future funding rounds, and what milestones would trigger them?”

Community

Valuation Sentiment

Our model estimates -31% 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.