Kong vs Merge

Side-by-side comparison of model-estimated upside.

Kong

-41%

est. 2Y upside i

DevOps & InfraSeries D+

Rank

#3162

Sector

Developer Tools

Est. Liquidity

~3Y

Data Quality

Data: Medium

Kong offers a strong product in a growing market, but the current secondary valuation discounts the business, and the high preference stack and expected dilution make equity upside negative over 2 years.

Last updated: July 19, 2026

Merge

-11%

est. 2Y upside i

DevOps & InfraSeries B

Rank

#2745

Sector

Developer Tools

Est. Liquidity

~3Y

Data Quality

Data: Medium

Despite strong growth and large TAM, the expected equity upside over 2 years is low (-11%) due to a stale valuation at a high multiple and likely dilution from a down round.

Last updated: July 19, 2026

Upside Comparison

Expected Upside

Kong
-41%
Merge
-11%

Disclaimer: These rankings are AI-generated estimates and do not constitute financial or career advice. Always conduct your own due diligence.