+96%

est. 2Y upside i

Series D+

The everything app for LATAM

Rank

#469

Sector

On-demand Delivery & Transportation

Est. Liquidity

~2Y

Data Quality

Data: Low

Yummy's equity offers a potential expected return of ~96% over 2 years, but with high risk.

Last updated: July 3, 2026

Bull (9%)+200%

Bull case driven by multiple expansion to 5x forward revenue on IPO window or category leadership, with projected revenue $138M leading to exit value $690M.

Base (50%)+183%

Base case assumes exit multiple converges to the lower end of comp range (3.5x) yielding $483M exit, net of 20% dilution.

Bear (41%)-33%

Bear case with multiple compression to 1x revenue due to cyberattack fallout and fierce competition, exit value $138M, below entry valuation, resulting in -13% before dilution.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

9828%

Total preferred equity of $98.28M represents 62% of current valuation, creating a large overhang for common shareholders.

Dilution Risk

high

Estimated 20% dilution from a future capital raise within 2 years.

Secondary Liquidity

limited

Secondary market valued at $159M, but liquidity likely thin due to company stage.

Questions to Ask at the Interview

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

  • 1

    “How does Yummy's vendor exclusivity protect against Rappi's scale?”

  • 2

    “What is the unit economics breakdown for delivery vs ridesharing?”

  • 3

    “Given the data breach, how does Yummy plan to rebuild trust and what is the financial impact?”

Community

Valuation Sentiment

Our model estimates +96% 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.