-78%

est. 2Y upside i

Series D+

General automation platform for integrating and automating business processes

Rank

#4328

Sector

Enterprise SaaS / iPaaS

Est. Liquidity

~4Y

Data Quality

Data: High

Three compounding problems: 7-year stale $600M valuation, 10% growth vs 3-5x faster competitors, and MuleSoft/Salesforce bundling threat. $164M preferences mean common near-zero in realistic exits.

Last updated: March 22, 2026

Bull (10%)+40%

AI pivot succeeds; acquired at $900M.

Base (50%)-30%

Mid-market niche at 10% growth; distressed acquisition $300-450M.

Bear (40%)-85%

MuleSoft/Salesforce bundles collapse enterprise sales; fire-sale below $164M prefs.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Funding Intensity

27%

$164M on $600M (27.3%).

Dilution Risk

high

Down round needed or profitability forced.

Secondary Liquidity

none

No secondary activity.

Other — 1 role

View all 1 open roles at Tray.io →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Differentiation vs MuleSoft bundled?”

  • 2

    “Growth lever for re-acceleration?”

  • 3

    “Path to liquidity?”

Cluster Peers

Expected Upside

Postman
-25%
SnapLogic
-43%
Postman
-47%
Workato
-55%
Celigo
-67%
Kong
-69%
Tray.io
-78%

Community

Valuation Sentiment

Our model estimates -78% upside. What do you think?

Anonymous. Do not share material non-public information.

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