Storj - About the company
Storj is an acquired company based in Atlanta (United States), founded in 2014 by James Lowry, Josh Brandoff and Shawn Wilkinson. It operates as a Decentralized cloud storage solutions provider. Storj has raised $5.05M in funding. The company has 323 active competitors, including 48 funded and 7 that have exited. Its top competitors include companies like DigitalOcean, Wasabi and Hitachi Vantara.
Company Details
Storj is a decentralized cloud storage solutions provider. It provides a decentralized cloud storage platform that utilizes blockchain technology and peer-to-peer protocols. It also allows users to buy and sell digital storage space for Storj coins. The features include secure file encryption, compatibility, open-source support, etc.
- Website
- www.storj.io/
Key Metrics
Founded Year
2014
Location
Atlanta, United States
Stage
Acquired
Total Funding
$5.05M in 6 rounds
Latest Funding Round
Investors
Ranked
10th among 323 active competitors
Employee Count
37 as on Dec 31, 2021
Exit Details
Acquired by Inveniam IO (Oct 22, 2025)
Legal entities associated with Storj
Storj is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
STORJ LABS, INC. CIN: 32077228180 , United States, Active | $1 - $1M (As on Oct 16, 2015) | - | - | |
STORJ LABS INC. CIN: 473146506 , United States, Active | Jan 19, 2015 | - | 33 (As on Dec 31, 2019) | - |
Storj's acquisition details
Storj got acquired by Inveniam IO on Oct 22, 2025.
Click here to take a look at Storj's acquisition in detail
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Storj's funding and investors
Storj has raised a total funding of $5.05M over 6 rounds. Its first funding round was on Aug 2014. Storj has 16 institutional investors.
Here is the list of recent funding rounds of Storj:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 25, 2017 | 7308622 | ICO | 7756083 | 2669826 | 9260804 | 5412884 |
Feb 23, 2017 | 8451446 | Seed | 2914342 | 1617480 | 1665944 | 1772247 |
Oct 07, 2016 | 1170197 | Seed | 4004349 | 8168481 | 1670802 | 7806694 |
View details of Storj's funding rounds and investors
Storj's founders and board of directors
Founder? Claim ProfileHere are the details of Storj's key team members:
- James Lowry: Co-Founder of Storj. They are also an angel investor in 1 startup.
- Josh Brandoff: Co-Founder of Storj.
- Shawn Wilkinson: Co-Founder of Storj.
View details of Storj's Founder profiles and Board Members
Storj's employee count trend
Storj has 37 employees as of Dec 21. Here is Storj's employee count trend over the years:
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Storj's Competitors and alternates
Top competitors of Storj include DigitalOcean, Wasabi and Hitachi Vantara. Here is the list of Top 10 competitors of Storj, ranked by Tracxn score:
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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 | 79/100 | |
2nd | Wasabi 2015, Boston (United States), Series E | Cloud storage provider offering scalable solution for businesses | $484M | 70/100 | |
3rd | Hitachi Vantara 1989, Santa Clara (United States), Series A | Provider of data infrastructure, hybrid cloud, and data resilience solutions | $6.56M | - | 69/100 |
4th | Amazon Web Services 2006, Seattle (United States), Funding Raised | Provider of cloud computing services, including infrastructure, AI, and data solutions | - | 65/100 | |
5th | Filecoin 2014, San Francisco (United States), Seed | Decentralized network storage solutions for enterprieses | $120K | 65/100 | |
6th | pCloud 2013, Baar (Switzerland), Series A | Enterprise cloud storage | $3M | - | 64/100 |
7th | Lucidity 2021, New York City (United States), Series A | Platform offering cloud block storage management solutions | $31.8M | 64/100 | |
8th | Hammerspace 2018, Los Altos (United States), Series B | Provider of storage management solutions | $157M | 63/100 | |
9th | Arweave 2017, London (United Kingdom), Series A | Decentralized data storage protocol for enterprises | $14.4M | 60/100 | |
10th | Storj 2014, Atlanta (United States), Acquired | Decentralized cloud storage solutions provider | $5.05M | 59/100 |
Looking for more details on Storj's competitors? Click here to see the top ones
Storj's Investments and acquisitions
Storj has acquired 2 companies including PetaGene and VALDI. Storj has not made any investments as of now.News related to Storj
Media has covered Storj for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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Storj Increases Revenue Sevenfold In 2024, Enters 2025 In High Growth ModePR Newswire•Dec 11, 2024•Storj
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cunoFS and Storj Enable Creative Professionals to Collaborate on Cloud-Based Content from AnywhereMarTech Series•Aug 16, 2024•Storj, cuno
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