Wasabi, Inc.
Boston, US · Founded 2017 · 594 employees on LinkedIn · 8 known investors
Find your way into Wasabi, Inc.
27 people in our graph share verified history with the Wasabi, Inc. team — schools, employers, funds. One of them is your warm intro.
Wasabi provides low-cost cloud object storage for businesses storing data such as backups, medical images, surveillance footage, financial records, and multimedia. Its Hot Cloud Storage service operates across data centers in the US, Europe, and Asia.
Also known as Wasabi · Wasabi Technologies
Founders & leadership
Wasabi, Inc. was founded in 2017 by David Friend and Jeff Flowers.
Investors · 8
Company profile
researched Aug 2026Wasabi, Inc. operates a cloud object storage platform positioned as an alternative to hyperscaler storage tiers. Its service is S3-compatible and "hot by default," meaning stored data is immediately accessible without cold-tier retrieval delays or rehydration steps. The company markets the offering around three primary use cases: storage for AI workloads (training datasets, model checkpoints, inference logs, RAG pipelines and vector embeddings), cyber-resilient backup storage, and long-term archiving and regulatory retention.
The platform is built on flat per-TB pricing with no charges for egress, API requests, access, retrieval or recovery, which the company frames as removing fees that make up a large share of hyperscaler storage bills. Wasabi publishes a savings calculator on its site based on stored capacity and monthly download percentage. Security and compliance features include object-lock immutability, air-gapped copies (marketed as Covert Copy), Multi-User Authorization, and a zero-trust architecture intended to address both external attacks and insider threats. Wasabi states compliance with SOC 2, ISO 27001, HIPAA, GDPR and PCI-DSS across its data center footprint, and cites 11 nines of durability.
Business model
Wasabi sells cloud object storage capacity to businesses on a flat per-terabyte basis, with no separate charges for egress, API calls, retrieval or recovery. Customers can trial the service free for 30 days, and private cloud deployment options are offered for organizations wanting Wasabi co-located in their own environment.
Recurring per-terabyte storage subscription pricing at a single rate, without usage-based egress, request or retrieval fees.
▸Full profile — market position, technology, go-to-market, geography
Market position
Wasabi presents itself as an independent storage layer that competes with hyperscaler cloud storage tiers on price predictability and data mobility, serving as the storage substrate for GPU clouds, neoclouds and on-premises compute rather than as a full-stack cloud provider.
Positioning centers on eliminating egress, API request and retrieval fees that Wasabi characterizes as nearly half of hyperscaler storage cost, combined with a single flat per-TB rate, no vendor lock-in, and storage that stays hot rather than being tiered to cold archives.
Technology
S3-compatible object storage delivered from 16 storage regions, hot by default with no cold-tier retrieval or rehydration step. Capabilities include object-lock immutability, Covert Copy air-gapped copies, Multi-User Authorization, a zero-trust security architecture, and stated 11 nines durability. The service integrates with AI frameworks and tooling such as MLflow and LangChain, and with backup software including Veeam, Commvault, Rubrik and Cohesity.
Go-to-market
Self-service sign-up with a 30-day free trial and an online cost calculator, supported by an integration and partner ecosystem spanning backup vendors, AI frameworks, GPU clouds and neocloud providers, plus private cloud deployment options for co-location.
Businesses and enterprises storing large data volumes, including organizations running AI and machine learning pipelines, teams protecting backups against ransomware, and those with long-term archiving, regulatory hold, legal discovery and audit retention requirements. Neocloud and GPU cloud providers are also addressed as partners needing geographic coverage for enterprise data residency.
Geography
16 storage regions across North America, Europe and Asia Pacific, all deployed in SOC 2, ISO 27001 and PCI-DSS certified data centers.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
▸Research sources · 1
primary sources listed
- Wasabi, Inc.wasabi.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Wasabi, Inc. do?
- Wasabi sells S3-compatible cloud object storage with flat per-TB pricing and no egress, API or retrieval fees.
- Who founded Wasabi, Inc.?
- Wasabi, Inc. was founded by David Friend, Jeff Flowers in 2017.
- Who are Wasabi, Inc.'s investors?
- Wasabi, Inc.'s investors include Alumni Ventures, Basecamp Fund, Boston Harbor Angels, Brightstone Venture Capital, Energy Impact Partners, North Atlantic Capital, Prosperity7 Ventures, Rocketship.vc.
- Where is Wasabi, Inc. headquartered?
- Wasabi, Inc. is headquartered in Boston, US.