FundedIQ
Data and Analytics

Wasabi Technologies: Funding, Investors & Team (Oct 2026)

Wasabi is the hot cloud storage company. Hot cloud storage is fast to write, low-cost, and reliable cloud storage. Wasabi delivers fast, low-cost, and reliable cloud storage. Amazon locks companies into their expensive storage and nobody likes vendor lock-in. Wasabi Hot Cloud Storage is 1/5 the price of Amazon S3 and faster than the competition with no fees for egress or API requests.

www.wasabi.com LinkedIn Boston, United States 251-500 employees
Cloud Computing Cloud Data Services Cloud Storage Database Information Technology B2B Hot cloud storage Fast
Total raised
$72.5M
Rounds
3
Latest
Undisclosed round
Oct 2025

Wasabi Technologies has raised $72.5M across 3 funding rounds on record, the most recent an undisclosed round of $32.5M announced in Oct 2025.

That round is above the $5.5M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.

Wasabi Technologies Company Profile and Key Stats

Total funding raised
$72.5M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$32.5M in Oct 2025
Employees
251-500
reported band
Headquarters
Boston, United States

Latest funding round on record: Oct 2025.

Wasabi Technologies Funding Rounds

Date
Round
Amount
Undisclosed round
$32.5M
Series D
$15.0M
Undisclosed round
$25.0M

Wasabi Technologies raised $25.0M in an undisclosed round announced in May 2021.

1.6 years later, a Series D of $15.0M was announced in Dec 2022.

2.8 years later, an undisclosed round of $32.5M was announced in Oct 2025.

Wasabi Technologies Founders and Leadership Team

Name
Role
Contact
Jeff Flowers
Founder
Locked
David Friend
CEO
Locked

Contact details for the Wasabi Technologies team: 2 of 2 have an email address on file.

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Wasabi Technologies Funding Compared to Other Data and Analytics Startups

Segment
Companies
Median round
30,148
$7.5M

Wasabi Technologies' latest round of $32.5M is above the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.

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Wasabi Technologies Funding FAQs

What does Wasabi Technologies do?

Wasabi is the hot cloud storage company. Hot cloud storage is fast to write, low-cost, and reliable cloud storage. Wasabi delivers fast, low-cost, and reliable cloud storage. Amazon locks companies into their expensive storage and nobody likes vendor lock-in. Wasabi Hot Cloud Storage is 1/5 the price of Amazon S3 and faster than the competition with no fees for egress or API requests.

How much funding has Wasabi Technologies raised?

Wasabi Technologies has raised $72.5M across 3 rounds on record. The most recent is an undisclosed round of $32.5M announced in Oct 2025.

When did Wasabi Technologies last raise funding?

Wasabi Technologies' most recent funding round on record is an undisclosed round of $32.5M, announced in Oct 2025.

Who founded Wasabi Technologies?

FundedIQ lists Jeff Flowers (Founder) at Wasabi Technologies.

Who is the CEO of Wasabi Technologies?

David Friend is listed as CEO at Wasabi Technologies.

Where is Wasabi Technologies headquartered?

Wasabi Technologies is based in Boston, Massachusetts, United States.

How many employees does Wasabi Technologies have?

Wasabi Technologies is in the 251-500 employee band.

How does Wasabi Technologies' funding compare to other Data and Analytics startups?

Wasabi Technologies' latest round of $32.5M is above the $5.5M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.

About FundedIQ's Wasabi Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Wasabi Technologies is left off this page rather than filled in.

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