+88%

est. 2Y upside i

Vertical SaaSSeries A

Rank

#540

Sector

PropTech

Est. Liquidity

~4Y

Data Quality

Data: Medium

Given a ~88% expected upside over 2 years, the equity opportunity is positive but carries risk from stale valuation and preference overhang.

Last updated: July 19, 2026

Bull (15%)+172%

If IPO window reopens or category leadership recognized, multiple could expand to 8x, yielding $116M exit. Net upside after 15% dilution: 172%.

Base (55%)+108%

Multiple converges to public comp range at 6x, exiting at $87M. Net upside after dilution: 108%.

Bear (30%)+11%

Multiple compresses to 3x due to competitive pressure or growth stall, exiting at $43.5M. Preference stack consumes $26M, common returns 11% net after dilution.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

6770%

Total funding $26M is 67.7% of current valuation, meaning common stock is heavily subordinated.

Dilution Risk

moderate

With no raise in 4 years and moderate revenue, a $10-15M raise could dilute by 15-25%.

Secondary Liquidity

none

No secondary market exists; liquidity depends on exit or IPO.

Other 2 roles

View all 2 open roles at VendorPM

Last updated: February 22, 2026

Questions to Ask at the Interview

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

  • 1

    How does VendorPM differentiate from incumbents like SAP Fieldglass in large property managers?

  • 2

    What is the primary growth driver: new customer acquisition or expansion within existing customers?

  • 3

    Given the employee count decline, how does the company plan to reach profitability before the next funding round?

Community

Valuation Sentiment

Our model estimates +88% 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.