What's Your Startup Worth? Find Out in 60 Seconds.
Calculate your startup's estimated valuation using revenue, growth, profitability, market benchmarks, and business fundamentals.
Calculate My Startup Valuation - FREETransparent formulas · Benchmark set 2026.02 (2026-01-15) · Nothing to install
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Company profile
Who you are and how you sell.
No signup and no payment. Your figures stay in your browser until you ask for a saved report.
Benchmarks, not guesses
Every multiple shows its source label, observation date and reliability class.
Deterministic maths
Revenue, EBITDA and pre-revenue methods with bounded, visible adjustments.
No AI black box
Rule-based only. The same inputs always produce the same valuation.
Startup valuation, explained
The methods, benchmarks and limits behind the number you just saw.
How startup valuations work
A valuation is a negotiation anchored to evidence. Investors start from what comparable companies trade for, then adjust for how your company differs: growth rate, margin quality, retention, customer concentration, capital efficiency and how defensible the product is.
That is why the same revenue can be worth very different amounts. A 40% growth business with 60% gross margin is not priced like an 80% growth business with 85% margins, even if both report $2M of ARR.
Revenue multiples, in practice
A revenue multiple is enterprise value divided by annual revenue. Public software companies, disclosed private rounds and acquisitions all produce observable multiples, and those ranges become the anchor for private companies.
Smaller companies usually trade below the public median because of size, liquidity and key-person risk. The comparable-company row in this calculator shows that size discount explicitly instead of hiding it inside one blended number.
Valuing SaaS and subscription businesses
For recurring revenue the quality of revenue matters as much as its size. Net revenue retention above 100% means existing customers grow; below 100% means churn outpaces expansion. Gross margin tells you how much of each dollar survives delivery costs.
ARR is not revenue. If ARR is materially above reported annual revenue, expect investors to reconcile the two definitions before they accept either number.
Pre-revenue startup valuations
Pre-revenue valuations are forward-looking and negotiated. Common anchors are early-stage financing ranges for the stage you are raising, adjusted for how much evidence exists: a launched product, repeat usage, paid pilots, letters of intent, and a market large enough to matter.
Because there is no revenue to multiply, the range is wider by design. Treat the band as a negotiation reference, not a measured value.
Risk factors that move the number
Customer concentration, short runway, high churn, thin gross margin, negative growth and a crowded competitive field all compress the multiple. Strong retention, expanding margins, diversified revenue and defensible technology expand it.
The improvement list on your results page is generated from your own inputs and ranked by the size of the adjustment each item affects.
Limitations of automated estimates
Automated estimates cannot see your contracts, your team, your cap table structure or the negotiation. They cannot judge market timing, and they cannot replace a term sheet.
Use the output to prepare: understand which drivers your number depends on, fix what is fixable, and walk into investor conversations with a defensible story for the assumptions you chose.
Frequently asked questions
How is a startup valuation actually calculated?+
For companies with revenue, valuations are usually anchored to a multiple of recurring or annual revenue, cross-checked against EBITDA and comparable financings. For pre-revenue companies, investors anchor to early-stage financing ranges and then adjust for product maturity, market size, traction and defensibility. This calculator applies exactly those rules and shows every factor it used.
What revenue multiple should I use?+
The multiple depends on the business model, growth, gross margin, retention, concentration and the market you sell into. A capital-efficient SaaS business growing 80% with 85% gross margin and 120% net revenue retention sits far above a services business with the same revenue. That is why the calculator starts from an industry benchmark and then applies bounded, visible adjustments.
Can I value a pre-revenue startup?+
Yes. With no revenue, the estimate uses a documented early-stage band for your funding stage, positioned by an evidence score covering product maturity, product-market fit signals, market opportunity, competitive advantage, traction and customer satisfaction. These bands are negotiated ranges, not traded multiples, and the result is labelled as such.
Is this a formal appraisal?+
No. It is an indicative estimate built from your own inputs and a labelled benchmark set. It is not a formal appraisal, an investment recommendation, or a guarantee of the terms you will be offered.
What is the difference between pre-money and post-money valuation?+
Pre-money is the company's value before the new round is invested. Post-money is pre-money plus the new money. If you raise $2M at a $10M pre-money, the post-money is $12M and the new investor owns roughly 16.7%. The calculator reports enterprise value and shows the dilution arithmetic when you provide a funding target.
Why do valuations differ between investors?+
Each investor applies their own comparables, their own view of risk, and their own negotiation position. Two funds can look at identical revenue and retention and arrive at materially different numbers, especially for companies growing faster or slower than their portfolio average.
Does the calculator store my financial data?+
Only if you submit the report form. Until then everything stays in your browser. Saved reports are private to your account and to app administrators, and include the inputs, derived metrics, methodology and benchmark version so the number can be reproduced later.