Fundraising Fox

Archil

YC F24

San Francisco, US · Founded 2024 · 11 employees · 13 known investors

Archil provides a file system that virtualizes cloud storage buckets to offer local disk-like access with higher performance, allowing AI applications and analytics workloads to query large datasets without transferring data. Researchers use it to maintain version-controlled local storage for datasets and models without capacity constraints.

Also known as Neptune Storage · Regatta Storage

Founders & leadership· Y Combinator alumni (F24)

Archil was founded in 2024 by Hunter Leath.

HLHunter Leath
Hunter Leathin𝕏FounderHunter Leath spent nine years developing cloud storage products at AWS and Netflix before founding Archil, a cloud file system designed to provide local performance access to data stored in S3 buckets.

Investors · 13

Also in the syndicate · 7

Amit GuptaErik BernhardssonPeak XVRyan WorlTheo BrowneWayfinderWayne Duso

Funding

SEC filings, press & company announcements

$6.7M disclosed across 1 of 3 rounds · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Archil, formerly named Regatta Storage, builds a cloud file system aimed at AI-native applications. Its core product virtualizes object storage — primarily Amazon S3 buckets — and presents it as a POSIX-compatible, locally mounted file system with effectively unlimited capacity. The company states the product delivers roughly 30x faster access than reading S3 directly and about 90% lower cost than manually managed EBS disks, using custom data protocols and NVMe SSD-backed shared caching. Because the product presents as a standard file system (supporting renames, appends, and locking), the company says applications require no code changes; data written locally is flushed back to the underlying S3 bucket within minutes. Mounting requires only a volume name, cloud region, and data source location.

The company has extended beyond storage into broader agent infrastructure. Current documentation describes versioned/branchable disks with checkpointing, serverless execution and persistent sandboxes for running untrusted AI-generated code against mounted data, native SQLite database support on the file system, immutable log support, and a strongly consistent S3-compatible REST API for sharing artifacts between agents and humans. Multiple context sources (for example separate S3 buckets for skills, customer data, and run logs) can be composed with per-source permissions into a single workspace mounted at /mnt/archil and shared live across agents without copying data. Integrations exist with agent frameworks (AI SDK, eve, Mastra, LangChain), TypeScript and Python SDKs, sandbox providers (Daytona, e2b, Superserve), Kubernetes, and Terraform.

In a June 2025 post the company framed itself as a data company rather than a storage vendor, outlining planned expansion into connectivity with additional data sources (Hugging Face, GitHub, data warehouses, SFTP), serverless data transformations at the storage layer, and built-in versioning, locality awareness, and access controls.

Founding story

Founder and CEO Hunter Leath spent nine years building cloud storage products, leading Amazon's Elastic File System product and Netflix's cloud storage team. He observed that AI and analytics teams store data in S3 for cost and scalability but must copy it into local file systems to use it, causing hours-long downloads, fixed capacity limits, no sharing, and roughly 10x higher cost; Archil was created to remove that data-movement step. The broader team says it previously built and operated storage at AWS, Netflix, Uber, Datadog, Pure Storage, Snowflake, and Chroma.

Business model

Archil sells cloud storage and adjacent compute infrastructure directly to developers and engineering teams on a usage-based basis, positioning itself as a replacement for self-managed block storage (EBS) and direct S3 access.

Consumption pricing that is described as fully elastic: for disks synchronized to a customer-owned S3 bucket, the customer pays only for "Active Data" (recently read or written), and nothing when data is idle and resident only in S3. Sandbox compute is billed only for active time (site example: $0.18/hr active compute, $0 idle), and each 1 TB of Active Data includes 1,000 free minutes of sandbox compute.

Traction

The Y Combinator profile lists a team size of 11 and status Active; the company's about page lists 17 named team members across engineering, GTM, operations, and talent. The website states it is used by teams shipping AI in production, without naming customers. Total disclosed funding is $18M.

Latest developments

The website's current banner announces Serverless Sandboxes, and messaging has shifted toward running large numbers of stateful agents with versioned disks, serverless sandboxes, and SQLite databases. The about page discloses an $11M Series A led by Standard Capital and $18M raised in total.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as infrastructure that solves both where agents run and how they obtain, retain, and share context, contrasting itself with sandbox-only providers and with legacy cloud storage options (EBS, direct S3), which the company argues force a tradeoff among reliability, performance, and cost.

Claims of 30x faster access than S3 and 90% lower cost than EBS; full POSIX compatibility requiring no application code changes; no ETL pipeline or duplicate copy of data; capacity that scales automatically; multi-instance shared access; and versioning/checkpointing plus integrated serverless compute alongside the storage layer.

Technology

POSIX-compatible distributed file system layered over object storage, using custom data protocols and NVMe SSDs for a shared high-speed cache; asynchronous write-back to S3 within minutes. Feature set includes branching and checkpointing of disks, native SQLite support, immutable logs, a strongly consistent S3/REST API, multi-instance concurrent mounts, serverless code execution and persistent sandboxes, and mounting from Kubernetes or provisioning via Terraform.

Go-to-market

Self-serve developer motion: public sign-up, documentation and quickstarts, TypeScript and Python SDKs, and integrations with popular agent frameworks and sandbox providers; supported by Y Combinator launch posts and a company blog. The founder has publicly solicited direct contact from prospective users.

AI and agent platform teams, "software factories," analytics teams running batch pipelines, ML researchers versioning datasets and models, genomics and financial analysis workloads, and cloud/platform teams seeking lower-cost local storage.

Geography

Headquartered in San Francisco, California; the product is delivered as a cloud service with region selection at volume creation.

History

Founded in 2024 and part of Y Combinator's Fall 2024 batch, originally operating as Regatta Storage. It published "The Quest for a Distributed POSIX-Compatible Filesystem" in December 2024, rebranded to Archil and announced a $6.7M seed round in June 2025, and subsequently raised an $11M Series A led by Standard Capital, bringing total funding to $18M. Its product scope expanded from a file system to agent-oriented infrastructure including serverless sandboxes, versioned disks, and SQLite databases.

Risks & controversies

Performance and cost claims (30x faster than S3, 90% cheaper than EBS) come from the company's own materials and are not independently verified in the sources. No customers are named publicly. Sources give conflicting or partial pictures of team size (11 per Y Combinator versus 17 people listed on the about page) and investor lists, and no revenue or usage metrics are disclosed.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active sandbox compute priceJan 2025$0.18
Claimed cost reduction vs. manually managed EBSJun 202590% cheaper
Claimed read performance vs. direct S3 accessJun 202530x faster
Free sandbox compute included per 1 TB of Active DataJan 20251,000 minutes
HeadcountAug 202619
Team members listed on about pageJan 202517 people
Team sizeJan 202511 people
Total funding raisedJan 2025$18M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap

Companies competing with Archil for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 6

launches, deals, and filings
Jun 2025
Archil raises $6.7M seed round led by Felicis

Archil (formerly Regatta Storage) announced a $6.7M seed round led by Felicis, with participation from Y Combinator, Peak XV, Wayfinder, General Catalyst, Lombardstreet Ventures, Twenty Two Ventures and angel investors. Funds are intended to expand operations and development.

$6.7M source ↗

Jun 2025
Rebrand from Regatta Storage to Archil

The company announced it had changed its name from Regatta Storage to Archil and repositioned from a file system product to a broader data company.

source ↗

Jan 2025
$11M Series A led by Standard Capital

Company about page discloses an $11M Series A led by Standard Capital, with backing from Felicis, Y Combinator, General Catalyst, Peak XV and operator angels, bringing total funding to $18M.

$11M source ↗

Jan 2025
Announcing Serverless Sandboxes

Website banner announces serverless sandboxes, letting agents run Bash, Python or Node code against mounted data with billing only for active compute time.

source ↗

Jan 2024
Participation in Y Combinator Fall 2024 batch

Archil is listed in Y Combinator's Fall 2024 batch, based in San Francisco, with primary partner Nicolas Dessaigne.

source ↗

Jan 2024
Y Combinator launch: transform S3 into an infinite, local file system

Launch post describing a POSIX-compatible file system that turns S3 buckets into infinite local disks, claimed 30x faster than S3 and 90% cheaper than EBS.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Archil do?
Archil is a cloud filesystem and AI data infrastructure company that turns S3 buckets into fast, POSIX-compatible local disks.
Who founded Archil?
Archil was founded by Hunter Leath in 2024.
Who are Archil's investors?
Archil's investors include Felicis Ventures, Standard Capital, Y Combinator, General Catalyst, Lombardstreet Ventures, Peak XV Partners.
How much funding has Archil raised?
Archil has disclosed $6.7M raised across 1 of its 3 known rounds.
Where is Archil headquartered?
Archil is headquartered in San Francisco, US.