What could your startup be worth?

Your valuation playground

Move a number. See what changes. Explore the business value, then connect it to the round and the pitch you want to make.

USD throughout
Your assumptions, clearly shown
No valuation or funding guarantee

How the scenarios work

Your scenariosAdd your company profile

Changes are remembered in this browser. Take your chosen scenario into the pitch upload. Each scenario keeps its own inputs.

Start with a question

Which revenue are you exploring?Annual revenue

Revenue multiple assumption×

Choose a multiple to test. Industry, AI and founder experience do not automatically add a premium. Check your assumption against comparable businesses and their revenue definitions.

Project this many years aheadyears

Annual growth assumption (%)Compounded only when you project ahead. A future revenue target is entered directly.

Valuation range (±)%

These revenue and growth figures are reported company figures.Otherwise they stay planning assumptions. Future targets are always assumptions.

Your company profile Optional

Add your industry and team background for more relevant prompts below. This context also travels into your pitch analysis. It does not change the number through automatic premiums.

Company name (optional)

Funding stagePrimary marketIndustryRevenue modelAI roleFounder backgroundCompetitive positionNet revenue retention

Company-value scenario

Example assumptions

$2.5M

Lower assumption

$1.88M

Upper assumption

$3.13M

Your selected 5.0x multiple, with a 25% sensitivity either side. A simplified equity-value scenario with no net-debt adjustment. This is an assumption, not a live market benchmark.

See how clearly your pitch deck supports the assumptions behind this scenario.

Your draft stays on this device. It carries into the existing upload and signup flow. Historical report results stay unchanged.

What would need to become true?

At your 5× multiple, a $10M equity-value scenario implies about $2M annual revenue. That is a target to evidence, not a forecast.

Make the number credible

Use these prompts to connect your scenario to evidence.

Choose comparable businesses in your industry, market and stage. Check their revenue definition before borrowing a multiple.

Your profile and scenario are carried forward. Suggested pitch text is optional; existing answers stay yours.

Make the raise, runway and milestones fit together.

Build the story behind the number

The Round Logic Kit adds six PDFs and a spreadsheet for structuring your ask, dilution and use of funds. Optional, $149 once.

Explore the Round Logic Kit

Assumptions first. Evidence in your pitch deck next.Method and limitations

Company-value scenario $2.5M

Worked example: value, raise and investor return

This is a hypothetical teaching example. Assume $500,000 annual recurring revenue and a selected 5× revenue multiple, with no growth projection. The company-value scenario is $2.5 million. Changing the multiple to 3× or 7× gives $1.5 million or $3.5 million. These inputs are assumptions, rather than current market comparables or a predicted offer.

For a separate hypothetical priced round, assume $2 million pre-money and a $500,000 investment. Post-money is $2.5 million, so the new investor receives 20% and existing holders retain 80%. This excludes option-pool changes, SAFEs, notes and other securities. The calculator lets you change these ownership assumptions where supported.

In the same hypothetical round, a $10 million exit with unchanged 20% investor ownership returns $2 million to that investor, or 4× the $500,000 investment before preferences, fees and taxes. Over five years, that is approximately 32% gross annualized return. If a later round reduces the holding by 25%, ownership falls to 15%, proceeds to $1.5 million and the gross multiple to 3×.

Try the revenue and funding-round modes above, then compare the ownership and return assumptions. Your own saved scenarios remain separate from this teaching example. A pre-revenue company needs a funding and milestone discussion because a revenue multiple cannot establish its value.

Sources and scope

Y Combinator: Dilution
Sam Altman's 2017 explanation of ownership tradeoffs. Its round examples are historical, not current valuation benchmarks.

Content reviewed 22 October 2026. Numerical scenarios in this section are illustrative.