Palo Alto
Earnin is a fintech company and developer of an app that lets people get paid as soon as they leave work, with no fees, interest, or hidden costs.
Estimated valuation today
$174M
-67.37% since last round
Calculated based on estimated multiplier and revenue.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 1.75%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out first and there is no money left which means employee common stock is worthless.
The last round was 2 years ago.
Date
September 2020
Valuation
$534M
Amount raised
$27M
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
8.65x revenue
Today's multiple
3.69x revenue
Change
-57.35%
Companies
Industry – FinTech
Last updated 5 mins ago.
| Remove | Name | Ticker | Price multiple |
|---|---|---|---|
| Earnin | 3.69x | ||
| Robinhood Markets Inc | HOOD | 4.84x | |
| Block Inc | SQ | 2.77x | |
| JPMorgan Chase & Co | JPM | 2.74x | |
| Bank of America Corp | BAC | 2.98x | |
| Visa Inc Class A | V | 15.50x |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| Sep 2020 | Series 5 | $27MM | $10.14 | $533.59MM |
| Dec 2018 | Series 4 | $125MM | $16.64 | $810.46MM |
| Sep 2017 | Series 3 | $32.95MM | $3.77 | $135MM |
| Jan 2017 | Series 2 | $17.34MM | $1.91 | $45MM |
| Jul 2014 | Series 1 | $2.65MM | $0.60 | $9.5MM |
With a revenue of $31M and a Hype Multiple of 1.5x,
Earnin is estimated to be worth $174M.