IPO Engine Architecture

Readiness scoring · 7-phase timeline · valuation · cap table · roadshow book-building

Readiness Score

73/100

Est. Valuation

$37M

Active Phase

S-1

Roadshow Book

7.5x

AI IPO Readiness Assessor

profile a company → readiness score + gap-closure plan

IPO Readiness Dimensions

4 on-track · 2 at-risk

Financial Health

on trackweight 25%78

ARR $4.2M · 142% NRR · 18mo runway

Governance & Board

at riskweight 20%64

3 of 5 independent directors · audit cmte formed

Market Position

on trackweight 20%82

TAM $12B · 8% share in GCC marketing-OS

Compliance & Audit

at riskweight 15%58

SOC2 Type II in progress · GAAP migration 40%

Tech & IP

strongweight 10%88

3 patents pending · multi-tenant arch audited

Team & Org

on trackweight 10%71

CFO hired Q1 · 84 employees · 12% attrition

Composite Score

73of 100

Approaching Readiness

Weighted across 6 dimensions

IPO Phase Timeline

7 phases · ~22 months total
1

Pre-IPO Preparation

complete12mo

Owner: CEO + Board

Audit committeeGAAP conversionSOC2 Type IICFO hire
2

S-1 Drafting

active4mo

Owner: CFO + Counsel

Business sectionRisk factorsMD&AFinancial statements
65%
3

SEC Filing & Review

pending3mo

Owner: Counsel

Confidential filingSEC commentsAmendments
4

Roadshow & Book-Building

pending3wk

Owner: CEO + I-banks

Investor presentationsPilot meetingsDemand discovery
5

Pricing & Allocation

pending2d

Owner: Lead bankers

Final price rangeShare allocationGreenshoe
6

Listing & First Day

pending1d

Owner: Exchange + Bankers

Ring the bellFirst tradeStabilization
7

Post-IPO & Lockup

pending6mo

Owner: IR + CFO

Lockup expiryQuarterly earningsIR program

Valuation Models

Comparable Companies

8.4x ARRhigh
$35.3M$30M – $42M

Precedent Transactions

9.1x ARRmedium
$38.2M$34M – $44M

Discounted Cash Flow

—medium
$41.8M$36M – $48M

Revenue Multiple (SaaS)

7.8x ARRhigh
$32.8M$28M – $38M
Blended Avg$37M

Cap Table

post-IPO · 6% new issuance

Founders

common42%
vote: 1xlockup: 180d

Series A Investors

preferred22%
vote: 1xlockup: 180d

Series B Investors

preferred18%
vote: 1xlockup: 180d

Employee Option Pool

options12%
vote: —lockup: 90d

Public (IPO)

new_issuance6%
vote: 1xlockup: none

Use of Proceeds

$36.0M total raise

R&D & Product Expansion

$14.4M40%

AI agent fleet, design engine, healthcare vertical

Sales & GTM

$9M25%

Expand into KSA, Qatar, US markets

Debt Repayment

$5.4M15%

Clear venture debt facility

Strategic Acquisitions

$4.3M12%

Target 2 compliance-tech startups

Working Capital

$2.9M8%

General corporate purposes

Roadshow Book-Building

7.5x oversubscribed

New York

Oct 14 · 12 meetings · 8 investors

high1.8x

San Francisco

Oct 15 · 9 meetings · 6 investors

high1.4x

London

Oct 17 · 10 meetings · 7 investors

medium1.1x

Dubai

Oct 19 · 14 meetings · 10 investors

high2.4x

Singapore

Oct 21 · 7 meetings · 5 investors

medium0.8x