Unravel Carbon

unravelcarbon.com →

-91%

est. 2Y upside i

Climate TechSeed

Enterprise software for companies to track & reduce their carbon…

Rank

#3128

Sector

Climate Tech, Enterprise Software

Est. Liquidity

~4Y

Data Quality

Data: Medium

Unravel Carbon operates in a high-growth climate tech software market, driven by increasing regulatory mandates for ESG reporting.

Last updated: March 10, 2026

Bull (20%)+300%

Unravel Carbon successfully leverages its AI and SAP integration to become a dominant climate tech platform in Asia and expands significantly into new markets like the US and Japan, capturing substantial enterprise market share. Revenue grows to $12M ARR by 2028, justifying a $240M valuation (4x current).

Base (25%)+33%

Unravel Carbon achieves steady growth by securing more regional customers and expanding its platform features, maintaining its niche in the competitive ESG reporting market. Revenue reaches $5M ARR by 2028, leading to an $80M valuation (1.33x current), providing modest returns for common shareholders.

Bear (55%)-82%

Dominant incumbents like IBM and SAP aggressively expand their ESG offerings, commoditizing Unravel Carbon's core features and limiting its growth. Revenue stagnates at $2.5M ARR, leading to a down round or acquisition at $20M, resulting in a significant loss of value for common equity holders after $11M in liquidation preferences.

Est. time to liquidity~4.0 years

Preference Stack Risk

high

Investors hold $11M in liquidation preferences ahead of common stock, representing 18.33% of the estimated current $60M valuation.

Dilution Risk

high

As an early-stage company, Unravel Carbon will likely require multiple future funding rounds, leading to significant dilution for existing common stock holders.

Secondary Liquidity

none

Given the company's early stage, there is currently no active secondary market for employee equity.

View all 7 open roles at Unravel Carbon →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given the strong push by incumbents like SAP and IBM into ESG reporting, how does Unravel Carbon plan to maintain its competitive edge and differentiate its AI-powered platform, especially with its recent SAP Store availability?”

  • 2

    “With the company expanding into the US and Japan and having customers in over 50 countries, what are the key strategic priorities for scaling operations and customer acquisition over the next 12-24 months, particularly considering the current $2M revenue base?”

  • 3

    “As an early-stage company with $11M in total funding, how is Unravel Carbon thinking about the timeline for future funding rounds and potential liquidity events for employees, especially considering the current market's focus on profitability and execution for climate tech startups?”

Community

Valuation Sentiment

Our model estimates -91% 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.