+0%

est. 2Y upside i

CybersecuritySeries A

Turnkey security & hassle-free cyber insurance from leading insurers

Rank

#2026

Sector

Cybersecurity

Est. Liquidity

~3Y

Data Quality

Data: Low

Due to missing financials and a stale Series A mark from 2023, this analysis carries low confidence.

Last updated: July 3, 2026

Bull (9%)+79%

Exit multiple holds at 8x or expands to 10x driven by an IPO window and strong partnerships with Markel and Amwins, yielding $79.6M exit. After 20% dilution, net upside ~79%.

Base (50%)+19%

Multiple converges to public comp average of 7x on $7.96M revenue, exit $55.7M. After 20% dilution, net upside ~19.3%.

Bear (41%)-40%

Multiple compresses to 4x due to high incumbent threat from Microsoft and Coalition, exit $31.8M. After 20% dilution, net upside ~-40.4%. Preference not triggered at this exit.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

4100%

Total funding of $16.4M represents 41% of assumed $40M valuation, giving preferred shareholders substantial liquidation preference over common.

Dilution Risk

high

With $16.4M raised and likely need for additional capital given stale round, further dilution of 20%+ is expected within 2 years.

Secondary Liquidity

none

No secondary market trades or buyback programs mentioned; employee shares are illiquid until an exit event.

Questions to Ask at the Interview

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

  • 1

    “How does Upfort's proprietary data and AI model provide a durable competitive advantage against Microsoft and Google?”

  • 2

    “What is the company's current ARR and growth trajectory, and what milestones are needed for the next funding round?”

  • 3

    “What is the expected timeline to liquidity and how does the equity structure (preferred stack, option pool) affect employee ownership?”

Community

Valuation Sentiment

Our model estimates +0% 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.