How Much Does a 409A Valuation Cost in 2026?

How Much Does a 409A Valuation Cost in 2026?

A 409A valuation in 2026 costs anywhere from about US$500 at automated platforms to US$15,000 and beyond at large accounting firms, and most venture backed startups pay between US$2,000 and US$5,000. The spread is not random: price tracks the complexity of your cap table and the depth of the provider's work far more than the size of your company. This guide breaks the market down so you pay for defensibility, not for brand or for shortcuts.

409A Pricing by Company Stage

Ranges reflect published 2026 market pricing across major providers. Expedited delivery inside ten business days usually carries a surcharge anywhere you go.

  • Pre seed, common stock only

    US$500 to US$1,500

    • What changes the number: Simple cap tables qualify for the lowest tiers
  • Seed, with SAFEs or notes outstanding

    US$1,000 to US$3,000

    • What changes the number: Convertible instruments add modelling work
  • Series A and B

    US$2,500 to US$6,000

    • What changes the number: Preferred classes, option pools and revenue forecasts require full method selection
  • Series C to pre IPO

    US$8,000 to US$25,000+

    • What changes the number: Auditor scrutiny, complex waterfalls, secondary activity
  • Annual refresh

    30 to 50 percent below the initial fee

    • What changes the number: Prior analysis carries forward if circumstances are stable

What You Are Actually Paying For

  • Safe harbor

    Safe harbor

    An independent appraisal shifts the burden of proof to the IRS. Without it, mispriced options can expose employees to an immediate 20 percent penalty tax plus interest.

  • Audit defense

    Audit defense

    The report will be tested twice: by your financial statement auditors and, potentially, by the IRS. A defensible methodology matters more than a low fee.

  • A refresh clock

    A refresh clock

    Every 409A expires after 12 months, or immediately on a material event such as a new funding round. Budget for it as a recurring cost, not a one off.

Where Cheap Reports Go Wrong

Where Cheap Reports Go Wrong

Template driven reports priced to attract volume often assume a clean Delaware company with US market comparables. If your operating business sits in Singapore, Jakarta or Bangkok, those assumptions quietly fail: revenue in multiple currencies, regional comparables and cross border structures need an appraiser who has valued companies like yours. A report your auditor rejects costs more than the fee you saved, in both money and a delayed option grant cycle.

How WOWS Global Prices 409A Valuations

WOWS delivers audit ready 409A valuations with fixed quotes agreed before work begins, standard delivery inside ten business days, and appraisers who work with Southeast Asian operating companies every week. Refresh valuations for returning clients are priced below the initial engagement, and every report includes support through auditor questions. Request a quote from the 409A service page and we will confirm your price within one business day.

Frequently Asked Questions