-38%

est. 2Y upside i

Series B

Rank

#3093

Sector

Dental Technology

Est. Liquidity

~4Y

Data Quality

Data: Low

Given the high preference overhang ($66.5M preferred vs. estimated $200M valuation), critical incumbent threat, and recent layoffs, the 2-year expected equity upside is -38.1%.

Last updated: July 3, 2026

Bull (10%)+20%

If an IPO window opens or Torch achieves category leadership, the multiple could expand to 6x forward revenue, yielding a $280.8M exit. After 20% dilution, the net upside is +20.4%.

Base (55%)-26%

With convergence to public comps at 4x forward revenue ($187.2M) and 20% dilution, the return is -26.4%, reflecting median expectations.

Bear (35%)-73%

Multiple compresses to 2x ($93.6M) due to incumbent pressure and slowing growth. After 20% dilution and preference overhang, common equity is nearly wiped out, yielding -73.2%.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

33%

Total preferred funding of $66.5M represents 33% of estimated entry valuation, severely diluting common in a below-average exit.

Dilution Risk

high

With a recent layoff and likely cash needs, a new funding round within 24 months is probable, leading to 15-25% dilution.

Secondary Liquidity

none

No secondary market activity detected; employee shares are illiquid until a liquidity event.

Sales — 3 roles

Engineering — 2 roles

People — 1 role

View all 6 open roles at Torch Dental →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “How does Torch plan to defend against distribution giants like Henry Schein that control physical logistics?”

  • 2

    “What is the current unit economics (LTV/CAC) and how does retention compare to public SaaS peers?”

  • 3

    “Given the recent layoff, what is the cash runway and what milestones must be hit to avoid further dilution?”

Community

Valuation Sentiment

Our model estimates -38% 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.