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Wasabi Technologies

Wasabi Technologies

Private
Boston, MassachusettsAI, Data & Cloud Infrastructurehttps://wasabi.com/

Last Round

Debt

Apr 21, 2026

Est. Valuation

$1.8B

Total Funding Raised

$877.8M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Wasabi Technologies is a cloud storage company that provides a high-performance, cost-effective object storage platform designed for organizations to store and access data without egress or API request fees.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, Data Protection, Data Warehousing

Business Model

B2B

Customer Profile

Usage-Based SaaS

AI Layer

Infrastructure

Keywords

object storagecloud storageS3 compatiblehot cloud storageegress-free storagemanaged service providerMSPdata archivingcyber resilienceusage-based billingcloud infrastructureimmutable storageai infrastructurevideo surveillance storages3 bucketcheap cloud storage

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Wasabi Technologies Comparables

Compare Wasabi Technologies with similar companies based on industry and business-model similarity.

Wasabi Technologies comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Backblaze Inc
89%
Cloudflare
83%
Vultr
82%

Wasabi Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtApr 21, 2026
VC RoundJan 13, 2026
Growth EquityOct 1, 2025
Series D ExtensionDec 7, 2022
Series DSep 27, 2022
Debt
Sep 27, 2022

Key People

Founding team and executive leadership

Jeff Flowers

CTO, Co-Founder And Board Member

Founding Team

Michael Bayer

EVP And Chief Financial Officer

Executive Team

Marty Falaro

EVP & Chief Operating Officer at Wasabi Technologies, Inc

Executive Team

Vilas Belagodu

Field CTO and VP of AI Strategy, Vice President of Partner & Product Management

Executive Team

Wasabi Technologies Investors

Notable investors and investment history

Wasabi Technologies investors
InvestorRounds
Bain Capital CreditDebt
Neuberger Specialty FinanceDebt
DVI Equity PartnersSeries B
Fidelity Management & Research CompanyVC Round, Series D, Series C Extension, Series C
L2 PointVC Round, Series D
AksiaDebt
North Atlantic CapitalSeries C Extension, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 28, 2026

    Partnered with Elovade Group, a large global partner.

  • Apr 21, 2026

    $250M round led by Bain Capital Credit.

Recent news

Latest coverage and updates

  • hiresSep 10, 2026

    Wasabi Technologies hired Pinaki Mukherjee as senior vice president and general manager on Sep 10th '26.

  • expands_facilitiesAug 5, 2026

    Wasabi Technologies expanded facilities to Singapore, Singapore, South-eastern Asia, Asia on Jul 1st '22.

  • integrates_withJul 28, 2026

    Wasabi Technologies integrated with Northrock Systems on Jul 28th '26.

  • partners_withJul 21, 2026

    Wasabi Technologies partnered with Megaport Ltd. on Jul 21st '26.

  • partners_withJul 1, 2026

    Wasabi Technologies partnered with Zero Circle Inc. on Jun 24th '26.

Wasabi Technologies Filings

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Wasabi Technologies filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Wasabi Technologies's valuation, stock price, and market status.

Is Wasabi a public or private company?

Wasabi is a private company.

What is the current stock price of Wasabi?

Wasabi is a private company with no public stock price. No recent secondary market data is available.

How much is Wasabi worth (valuation)?

Wasabi's valuation is estimated at $1.8B based on funding round data.

Can I buy Wasabi stock?

Wasabi shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Wasabi's last funding round?

Wasabi's most recent funding round was Early Funding on January 13, 2026.

Who are the main investors in Wasabi?

Key investors in Wasabi include Fidelity Management & Research Company, L2 Point, Aramco Ventures, Energy Ventures Group, Strategic Investment Group.

Will Wasabi IPO soon?

No public IPO plans have been announced for Wasabi.

How can I track Wasabi secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Wasabi's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range419
Year Founded2017
Last FundingApr 21, 2026

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