When was Hammerspace founded?

Hammerspace was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Hammerspace located?

Hammerspace is headquartered in Los Altos, United States.

How many employees does Hammerspace have?

As of Sep 30, 2026, the latest employee count at Hammerspace is 243.

Is Hammerspace a funded company?

Hammerspace is a funded company, having raised a total of $157M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 18, 2023.

How much is Hammerspace worth?

The latest valuation of Hammerspace is $***** as of Apr 18, 2025.

When was the latest funding round of Hammerspace?

Hammerspace's latest funding was a $***** Series B round on Feb 24, 2026, with participation from 1 investor.

Where does Hammerspace rank among its competitors?

Hammerspace ranks 148th amongst 144089 active competitors, of which 1049 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Hammerspace, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Hammerspace?

Hammerspace's top competitors include DigitalOcean, IBM and UST. Among them, Hammerspace secured the most recent funding round in February, 2026.

Hammerspace - 2026 Company Profile, Funding & Competitors

Hammerspace is a series B company based in Los Altos (United States), founded in 2018. It operates as a Provider of storage management solutions. Hammerspace has raised $157M in funding from Altimeter Capital and Prosperity7 Ventures, with a current valuation of $*****. The company has 144089 active competitors, including 1049 funded and 7824 that have exited. Its top competitors include companies like DigitalOcean, IBM and UST.

Company Details

Provider of storage management solutions. The platform offered by the company leverages machine learning, data virtualization, and Metadata. It provides storage solutions such as cloud analytics, NAS, SAN, object data management, and hybrid cloud management.

Website: hammerspace.com
Social
Email ID: *****@hammerspace.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Los Altos, United States

Stage

Series B

Total Funding

$157M in 3 rounds

Latest Funding Round

Series B, Feb 24, 2026, $*****

Post Money Valuation

$***** as on Apr 18, 2025

Investors

Altimeter Capital & 8 more

Ranked

148^th among 144089 active competitors

Employee Count

243 as on Sep 30, 2026

Investment & Acquisitions

Rozo Systems

Similar Companies

DigitalOcean & 375 more

View Hammerspace's full profile

Hammerspace has raised a total funding of $157M over 3 rounds. Its first funding round was on Jul 18, 2023. Its latest funding round was a Series B round on Feb 24, 2026 for $*****. 1 investor participated in its latest round. Hammerspace has 9 institutional investors.

Here is the list of recent funding rounds of Hammerspace:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2026	2689014	Series B	5184189	8886847	9063502	4597607
Apr 16, 2025	6662153	Series B	4739993	9797230	8888781	Ark Invest ETFs
Jul 18, 2023	3002428	Series A	2785368	2909364	Prosperity7 Ventures	Pier 88 Investment Partners & 1 more

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View details of Hammerspace's funding rounds and investors

Hammerspace's employee count trend

Hammerspace has 243 employees as of Sep 26. Here is Hammerspace's employee count trend over the years:

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Top competitors of Hammerspace include DigitalOcean, IBM and UST. Here is the list of Top 10 competitors of Hammerspace, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Access Technology Ventures ... & 47 others	80/100
2nd	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	77/100
3rd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
4th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
5th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 3 others	75/100
6th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	74/100
7th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
8th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
9th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
10th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
148th	Hammerspace 2018, Los Altos (United States), Series B	Provider of storage management solutions	$157M	ARK Investment Management, Altimeter Capital ... & 7 others	58/100