Array
Array is a software development company offering an embeddable platform with products like My Credit Manager for financial wellness.
Secondary Market Price
How Array Measures Up
To help you manage your Array equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series A
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Array Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Array's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Array is a software company founded in 2020 that provides an embeddable platform for financial institutions, fintechs, and digital brands. The company, headquartered in New York, NY, develops products focused on financial wellness, credit data, identity security, and privacy protection. Its offerings are designed to be integrated into clients' existing applications to help drive user acquisition and retention. The product suite includes tools such as My Credit Manager for financial wellness, Debt Navigator for debt management guidance, Identity Protect for fraud protection, and Data Furnishing services. Since its founding by Martin Toha and Phillip Zedalis, the company has grown to between 201 and 500 employees and has completed three funding rounds, the most recent of which was on February 1, 2023.
The company is expanding its services and market presence, notably through the recent acquisition of Infovette, a firm specializing in identity data and verification for the public sector. This move signals Array's increased focus on government contracts and enhanced identity intelligence solutions. The company also recently launched Debt Navigator, a product that gives users personalized strategies for debt payoff and management. In the past year, Array reported onboarding 76 financial institutions for its Array+ service, completing two acquisitions, and hiring 156 new employees. Looking forward, Array aims to build a platform where consumers can access a comprehensive set of financial tools through trusted brands and is continuing to grow its product suite and client base.
- Battery Ventures
- General Catalyst
- Nyca Partners
- Co-Founder, Martin Toha
- Co-Founder, Phillip Zedalis
- Co-Founder, Matt Doyle
- Co-Founder, Becky Doyle
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Array worth joining?
Deciding if Array is worth joining depends on your personal career goals and an assessment of the company's long-term potential and its equity compensation package. Tools like Prospect can help you evaluate the potential value of your equity by using predictive models to forecast a startup's future worth.
What should I do with my Array stock?
The right strategy for your Array stock depends on your financial goals, risk tolerance, and tax situation. Platforms like Prospect offer customized option exercise and selling strategies to help you maximize your equity's post-tax value.
Can you sell Array stock?
Selling stock in a private company like Array is typically possible during specific liquidity events, such as a tender offer or on a secondary market. Prospect provides tools to help you determine how much to sell and which shares are tax-optimal to sell during these events.
How can I find the value of my Array stock?
Valuing stock in a private company is challenging as it isn't publicly traded, but you can look at the last 409A valuation or recent funding rounds for an estimate. For a more data-driven forecast, Prospect uses predictive models that analyze various data points to project your equity's future value.
What is Array's equity worth?
The worth of Array's equity is determined by its most recent valuation, but its future value depends on the company's growth, market conditions, and eventual exit scenario. You can use Prospect to model different scenarios and get a clearer picture of what your equity could be worth over time.
What is Array's stock ticker symbol?
As a private, pre-IPO company, Array does not have a stock ticker symbol. Ticker symbols are only assigned to companies when they list their shares for trading on a public stock exchange.
Can I buy or sell Array stock?
Selling your Array stock is possible during company-approved liquidity events, but buying shares is typically restricted to accredited investors or employees exercising options. Prospect can help you navigate selling opportunities and create a strategy for your existing equity.
What is the criteria to buy or invest in Array stock?
Investing in a private company like Array is generally limited to institutional investors like venture capital firms, accredited individual investors, or employees exercising their stock options. These opportunities are not typically available to the general public until the company pursues an Initial Public Offering (IPO).
