The valuation framework investors actually use
- 5-10x
- Typical SaaS seed ARR multiple
- 10-20x
- Typical Series A ARR multiple
- 12
- Languages supported
- Free
- No credit card required
Free founder calculator
What your startup is worth, calculated
Drop in your ARR, growth rate, industry, and stage. We give you the valuation range investors will quote, so you walk into term-sheet conversations with the right number.
- ARR-multiple based, the way VCs actually price seed and Series A
- Sector and stage adjustments built in
- Free. Localized in 12 languages. No card.
Built on 1,000+ funded rounds across SaaS, AI, fintech, and consumer.
Created by founders from top global accelerators
How it works
Four numbers. One valuation range. Zero negotiation blindness.
- 01
Tell us about your business
ARR, growth rate, industry, and stage. We weight each input the way VCs do.
- 02
We apply sector multiples
B2B SaaS multiples differ from consumer. AI multiples differ from marketplace. We adjust for each.
- 03
Get your low, mid, high range
Three numbers: floor to negotiate from, market-standard mid, and aspirational ceiling. Walk into term sheets prepared.
See what you'll get
A valuation range backed by sector-specific multiples. Sign up to calculate yours.
Sample result
Low estimate$8MConservative multiple given growth rate and sector. Use this as the minimum to negotiate against.
Mid estimate$15MMarket-standard pre-money for this ARR and stage. The number investors will likely quote first.
High estimate$22MUpper bound if your growth and retention are top quartile. Push toward this with strong traction proof.
Sign up to calculate your own valuation with sector-specific benchmarks.
How early-stage valuation actually gets set
Spreadsheets do not value startups. Investors do. Four moves to push the multiple in your favor.
01
Multiple is set by growth rate, not revenue
A $500k ARR business growing 20% MoM gets a much higher multiple than a $1M ARR business growing 5% MoM. Investors pay for trajectory, not current state. If you cannot show 100%+ YoY growth at seed, the multiple compresses fast.
02
Retention beats growth in long-term valuation
Strong gross retention (above 90%) and net retention (above 100%) push multiples 20 to 40% higher. Investors fund growth; they pay premiums for growth that does not leak. Lead with retention metrics if they are strong.
03
Sector matters more than founders admit
AI multiples in 2026 are 2 to 3x B2B SaaS multiples for the same metrics. Climate multiples were depressed in 2024 and recovered in 2026. Sector cycles are real and short. Time the raise to the sector tailwind if you can.
04
Walk in with three comparable transactions
Find 3 to 5 funded rounds at your stage in your sector in the last 12 months. Note ARR, growth, and pre-money. Quote them in the meeting. Founders armed with comparables negotiate from data; founders without negotiate from hope.
Frequently asked questions
How accurate is ARR multiple valuation?
Reasonable for seed and Series A SaaS with established revenue. Less accurate for pre-revenue (team and market dominate) and for very large companies (DCF and comparables matter more). For most founders raising seed to Series B, multiples are the dominant input.
What multiple should I expect at seed?
For B2B SaaS: 5 to 10x ARR. AI/ML: 10 to 25x. Consumer: 3 to 8x. Marketplace: 8 to 15x of net revenue. These shift with market conditions. Always check recent comps.
Does this work for pre-revenue startups?
Not really. Pre-revenue valuation depends on team, market, and deal heat, not multiples. For pre-revenue, expect $3M to $8M pre-money at seed, with team strength and market size dictating where you land. Use this calculator once you cross $300k ARR.
How do I push for a higher multiple?
Three levers: faster growth, stronger retention, sector tailwind. Growth is the single biggest input. Demonstrating consistent 15%+ MoM growth for 6+ months will push your multiple 30 to 50% above the sector median.
Should I share my valuation expectation in the first investor email?
No. Anchoring on a number too early either undervalues you or scares investors off. Let them propose. Once you have a lead with a term sheet, use that as the floor for follow-on negotiations.
Keep going
Valuation is one number. Here is the rest of the deal.
Round Funded
Walk in with the number. Walk out with the term sheet.
Round Funded gives you the valuation math, the investor list, and the outreach so every conversation starts from data. Track every offer in one pipeline.