Turquoise Health

turquoise.health →

-7%

est. 2Y upside i

HealthcareSeries C

Rank

#2465

Sector

HealthTech

Est. Liquidity

~4Y

Data Quality

Data: Medium

The equity upside potential is limited given the high entry valuation and lack of current revenue growth data.

Last updated: July 19, 2026

Bull (30%)+77%

If an IPO window opens and Turquoise maintains its category leadership, revenue could reach $26.4M with an exit multiple of 21x, yielding a 76.7% upside. This assumes the company sustains its current premium multiple.

Base (50%)-33%

As revenue scales, the multiple likely contracts to public comp levels of ~8x, giving a projected exit value of $211M, a 32.7% downside from the current valuation.

Bear (20%)-66%

If competition intensifies or growth slows, the multiple could compress to 4x, resulting in a $106M exit value and a 66.3% loss. Preference stack is severe but exit value exceeds total funding, so common stock still recovers some value.

Est. time to liquidity~3.5 years

Preference Stack Risk

severe

Funding Intensity

3030%

Total funding of $95.3M represents 30.3% of current valuation, significantly diluting common equity in a downside scenario.

Dilution Risk

low

With $95M in the bank and low burn rate, no further dilutive raise is expected within 24 months.

Secondary Liquidity

none

No secondary market transactions are known; liquidity would require an IPO or acquisition.

View all 22 open roles at Turquoise Health →

Last updated: July 3, 2026

Questions to Ask at the Interview

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

  • 1

    “How do you plan to defend against large EHR vendors like Epic entering your space? (strategic)”

  • 2

    “What is your current net revenue retention and churn rate? (business model)”

  • 3

    “Given the recent Series C, what is the expected timeline to liquidity and how does the preference stack affect common equity value? (equity/career)”

Community

Valuation Sentiment

Our model estimates -7% 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.