Fundraising Fox

Wasabi Holding

Boston, US · Founded 2021 · Delaware corporation · 2 known investors

Founders & leadership

Wasabi Holding was founded in 2021 by Jeffry Flowers and David Friend.

JF
Jeffry FlowersCo-founder
DF
David FriendCo-founder
MW
Mike WeltsExecutive
MB
Michael BayerExecutive
MF
Marty FalaroExecutive

Board

GN
George NebleBoard director
SP
Susan PravdaBoard director
AP
Alex PapadimitriouBoard director
LS
Lou ShipleyBoard director
KD
Kerstin DittmarBoard director
RB
Roger BiscayBoard director

Investors · 2

Fidelity Investmentsreported · 2 sourcesBoston
L2 Point Managementreported

Reported raises · per SEC filings

Form D private placements

$168M disclosed across 2 rounds · 2021–2025

▶$32.5MraisedSep 2025 · 3 investors · Other
Rule 506(b)
Wasabi Raises $70M in New Equitywasabi.com · Jan 2026
Officers, directors & promoters on the filing
  • George NebleDirector
  • Susan PravdaDirector
  • Jeffry FlowersExecutive Officer, Director
  • Alex PapadimitriouDirector
  • Mike WeltsExecutive Officer
  • Michael BayerExecutive Officer
  • Marty FalaroExecutive Officer
  • Lou ShipleyDirector
  • Kerstin DittmarDirector
  • Roger BiscayDirector
  • David FriendExecutive Officer, Director
Offering amount
$70M
Amount sold
$32.5M
First sale
Sep 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$135.5MraisedJun 2021 · 141 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David FriendExecutive Officer, Director, Promoter
  • Jeffry FlowersDirector
  • N. Louis ShipleyDirector
  • Alex PapadimitriouDirector
  • Michael BayerExecutive Officer
  • Susan E. PravdaDirector
Offering amount
$135.5M
Amount sold
$135.5M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Wasabi Raises $70M in New Equitywasabi.com · Jan 2026Wasabi Raised $32.5 Million - StorageNewsletterstoragenewsletter.com · Nov 2025

Frequently asked questions

Who founded Wasabi Holding?
Wasabi Holding was founded by Jeffry Flowers, David Friend in 2021.
Who are Wasabi Holding's investors?
Wasabi Holding's investors include Fidelity Investments, L2 Point Management.
How much funding has Wasabi Holding raised?
Wasabi Holding has disclosed $168M raised across 2 rounds.
Where is Wasabi Holding headquartered?
Wasabi Holding is headquartered in Boston, US.