Wasabi key facts
as of Oct 2026- Developer of a cloud storage platform designed to store data simply and affordably.
- Wasabi is valued at approximately $1.8B as of Oct 2026, set at its later-stage round, Jan 2026; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $618.8M across 2 recorded rounds; the latest was Later Stage VC (Series D1) ($102.5M) in Jan 2026.
- Notable investors include Alumni Ventures, Fidelity Management & Research Company, Aramco Ventures, NTT Docomo Ventures, Fidelity — 27 tracked in total.
- 1 investment vehicle was formed to buy Wasabi shares in the last 12 months, reporting $1.5M sold to 89 investors, per SEC Form D filings.
- Status: Privately Held (backing).
Valued at $1.8B at its later-stage round, Jan 2026. Nothing has traded since.
- ·The complete investor list: 27 names
- ·Watch Wasabi: the Monday email on marks, rounds and moves
Wasabi funding rounds
2 roundsVehicles formed to buy Wasabi shares
secondary demand · SEC Form D filingsIn the last 12 months, 1 investment vehicle were formed to buy Wasabi shares, reporting $1.5M sold to 89 investors. Most recent filing Nov 2025.
Membership and data by Private Market View
Who backs Wasabi
27+Wasabi valuation
Wasabi was valued at $1.8 billion at its later-stage round in Jan 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Wasabi raised?
Wasabi has raised $619 million in total; 2 of its rounds are on record. The largest on record was a $137 million Series C in May 2021; the most recent was a $103 million Series D1 in Jan 2026.
Institutional holders and vehicles
In the last 12 months, 1 investment vehicle was formed to buy Wasabi shares, reporting $1.5 million sold to 89 investors, per SEC Form D filings (most recent Nov 2025).
Wasabi investors
27 investors are on record for Wasabi, including Alumni Ventures, Fidelity Management & Research Company, Aramco Ventures and NTT Docomo Ventures. By type, the record holds 5 venture capital firms, 1 family office and 1 angel investor. The Series D1 in Jan 2026 drew 4 investors.
Comparable companies
Comparable systems and information management names by valuation on PrivateMarketView: DayOne ($3.7 billion), DataBank (Systems and Information Management) ($2.2 billion) and LambdaTest ($400 million).
About Wasabi
Developer 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 egress fees, enabling clients to get secure and reasonable storage.
- Industry
- Systems and Information Management
- Sector
- Information Technology
- HQ
- Boston, MA, United States
- Founded
- 2017
- Employees
- 470
- Website
- wasabi.com/
- Ownership
- Privately Held (backing)
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