Sierra AIISO/NSO
Sierra AI equity calculator: value your options at the $4.5B Series B valuation
Calculate the current value of your Sierra AI equity using secondary market data and four independent valuation methods. Based on the Series B at $4.5B. Free, no account required.
Sierra AI — current market snapshot
Last primary round
$4.5B
Series B · 2025-02
Secondary market
—
No recent verified signal
Annual revenue (ARR)
$0.1B
+300% YoY
Equity type
ISO/NSO
Strike: $30–$50
Key things to know
- →Sierra AI last closed round: Series B at $4.5B — conversational AI for enterprise customer service.
- →Secondary market implies ~$5B, an 11% premium to the last round.
- →Typical strike price range: $30–$50 depending on grant year.
- →No near-term IPO; 2028+ at earliest.
Open the calculator
Enter your actual shares, equity type, and strike price. PrivatePulse uses secondary market data and four independent valuation methods to give you a defensible range.
Calculate my Sierra AI equity →Free · No account required · Takes 2 minutes
Liquidity outlook for Sierra AI
No near-term IPO expected. Secondary indication near primary round valuation. Company likely 2028+ at earliest; patient equity required.
As an option holder, you'll need to exercise your ISO/NSO to own shares. Strike price, exercise cost, and tax treatment (ISO vs NSO) all matter. Model carefully with a CPA.
Frequently asked questions
What is my Sierra AI equity worth right now?↓
Sierra AI's Series E (2026) valued the company at $16B. Secondary market data (Hiive, Forge, Caplight) gives a live read on implied valuation — PrivatePulse tracks this and updates every week. Gross value per option = (secondary share price − your strike price). Multiply by your vested count, then subtract taxes. The PrivatePulse calculator handles all of this automatically.
When will Sierra AI go public or offer liquidity?↓
Sierra AI is at $15.8B — still in an early-to-mid growth stage. An IPO is likely 4–6 years away at minimum. Liquidity before then typically requires a tender offer or secondary sale approved by the company.
What is the Sierra AI strike price for employee options?↓
Strike prices at Sierra AI vary by grant year and cohort. Recent grants typically carry strikes in the $0–$50 range per share. Your grant agreement shows your exact 409A strike. With Sierra AI now implying ~$16B, the intrinsic value per option is (current secondary price per share − your strike); enter your numbers in the PrivatePulse calculator to see the full picture including AMT and vesting schedule.
What's the difference between Sierra AI ISOs and NSOs?↓
Sierra AI typically grants a mix of Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs). ISOs: exercised spread is not taxed as income — instead it creates an AMT preference item. Long-term capital gains treatment is available if you hold shares 2 years from grant and 1 year from exercise. NSOs: exercised spread is ordinary income immediately — simpler but less tax-efficient. Both types require payment of the strike price to exercise. Use the PrivatePulse calculator to model the after-tax outcome under ISO vs NSO treatment at the current $16B implied valuation.