Wasabi Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
470
- Latest Deal Type
-
General Corporate Purpose
- Latest Deal Amount
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$250M
- Investors
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28
Wasabi General Information
Description
Operator of a cloud storage platform designed to store data simply and affordably. The company's platform helps organizations to store and instantly access an amount of data at a lower price than the competition, with no complex tiers or unpredictable fees, enabling clients to get secure and reasonable storage.
Contact Information
Website
www.wasabi.comCorporate Office
- 75 Arlington Street
- Suite 810
- Boston, MA 02116
- United States
Corporate Office
- 75 Arlington Street
- Suite 810
- Boston, MA 02116
- United States
Wasabi Timeline
Wasabi Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. General Corporate Purpose | 21-Apr-2026 | $250M | Completed | Generating Revenue | ||
| 9. Later Stage VC (Series D1) | 13-Jan-2026 | Completed | Generating Revenue | |||
| 8. Debt - General | 01-Jun-2025 | Completed | Generating Revenue | |||
| 7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 6. Later Stage VC (Series D) | 09-Sep-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 20-May-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B2) | 28-May-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 12-Sep-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A1) | 21-Dec-2017 | $6.46M | $8.4M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 28-Nov-2017 | $1.94M | $1.94M | Completed | Startup |
Wasabi Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B-2 Prime | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A-1 | 6,172,240 | $0.001000 | $1.06 | $1.06 | 1x | $1.06 | 7.63% | |
| Series A | 2,004,400 | $0.001000 | $0.97 | $0.97 | 1x | $0.97 | 2.48% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Wasabi Comparisons
Industry
Financing
Details
Wasabi Competitors (33)
One of Wasabi’s 33 competitors is Nasuni, a Private Equity-Backed company based in Boston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nasuni | Private Equity-Backed | Boston, MA | ||||
| Nexenta | Formerly VC-backed | San Jose, CA | ||||
| Buurst | Private Equity-Backed | Tomball, TX | ||||
| Druva | Private Equity-Backed | Santa Clara, CA | ||||
| VMware | Formerly VC-backed | Palo Alto, CA |
Wasabi Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Wasabi Patents
Wasabi Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12373421-B2 | Systems and methods for reporting cloud storage statistics by a cloud storage service provider | Active | 24-Feb-2023 | ||
| US-20240289321-A1 | Systems and methods for reporting cloud storage statistics by a cloud storage service provider | Active | 24-Feb-2023 | ||
| US-20250342150-A1 | Systems and methods for reporting cloud storage statistics by a cloud storage service provider | Pending | 24-Feb-2023 | ||
| US-11342788-B1 | System and method for in-rack generation of alternating current voltage during power grid outages | Active | 12-Jun-2019 | ||
| US-11563806-B1 | Content distribution network system and method | Active | 17-May-2019 | H04L67/1097 |
Wasabi Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Wasabi Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Energy Impact Partners | Venture Capital | Minority | ||
| Energy Ventures Group | Venture Capital | Minority | ||
| Everpure | Corporation | Minority | ||
| Azura Partners | Family Office | Minority | ||
| Cedar Pine | PE/Buyout | Minority |
Wasabi Acquisitions (2)
Wasabi’s most recent deal was a Merger/Acquisition with Seagate Technology (Lyve Cloud Business). The deal was made on 09-Apr-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Seagate Technology (Lyve Cloud Business) | 09-Apr-2026 | Merger/Acquisition | Systems and Information Management | ||
| GrayMeta | 17-Jan-2024 | Merger/Acquisition | Business/Productivity Software |
Wasabi Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| GrayMeta | Beverly Hills, CA | 2015 |
Wasabi FAQs
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When was Wasabi founded?
Wasabi was founded in 2017.
-
Where is Wasabi headquartered?
Wasabi is headquartered in Boston, MA.
-
What is the size of Wasabi?
Wasabi has 470 total employees.
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What industry is Wasabi in?
Wasabi’s primary industry is Systems and Information Management.
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Is Wasabi a private or public company?
Wasabi is a Private company.
-
What is Wasabi’s current revenue?
The current revenue for Wasabi is .
-
How much funding has Wasabi raised over time?
Wasabi has raised $869M.
-
Who are Wasabi’s investors?
Energy Impact Partners, Energy Ventures Group, Everpure, Azura Partners, and Cedar Pine are 5 of 28 investors who have invested in Wasabi.
-
Who are Wasabi’s competitors?
Nasuni, Nexenta, Buurst, Druva, and VMware are some of the 33 competitors of Wasabi.
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