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Cloud and compute · Practice squad · Independent

Wasabi

Cloud storage with no exit fees, valued at about $1.8bn in January 2026.

56OVRProspectDraft · rated on 4 of 6

Ratings

Wasabi raised a $70m equity round in January 2026 at about $1.8bn on storage with no exit fee, a gap that narrowed when hyperscalers waived exit fees for departing customers.

  • Dominance54draft

    A practice-squad storage cloud valued at about $1.8bn, with no stated share.

    sourced foley.com
  • Momentumunrated

    The Atlas gives no growth figure and no stated direction for this company.

  • Leverage50draft

    The Atlas states no company that depends on Wasabi.

    sourced foley.com

    Network base 50, judgment +0.

  • Durability66draft

    Hyperscalers waived exit fees for customers who leave, which narrows its pricing gap.

    sourced foley.com
  • Firepower60draft

    Raised a $70m equity round in January 2026 at about $1.8bn.

    sourced foley.com
  • Deal Heatunrated

    The Atlas reports no deal talks, pending deal, listing plan or stated acquisition plan for this company.

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Key figures

$70mEquity round, January 2026, led by L2 Point with Pure Storage and Fidelity, at about $1.8bn

From the Atlas key figure: $70m equity round, January 2026, led by L2 Point with Pure Storage and Fidelity, at about $1.8bn. Source: foley.com.

Profile

Cloud storage with no exit fees, valued at about $1.8bn in January 2026.

Cloud and compute · GPU clouds and inference platforms · Practice squad

Key figure $70m equity round, January 2026, led by L2 Point with Pure Storage and Fidelity, at about $1.8bn.

Why it matters Prices storage with no exit fee, which changes what customers are buying.

What could change it Hyperscalers waived exit fees for customers who leave, which narrows the gap.

sourced foley.com

Connections

Owners and backers

See Wasabi and its connections on the map →

Sector standing

No. 11 of 13 rated in Cloud and compute

  1. 9Fireworks AI62
  2. 10Together AI58
  3. 11Wasabi56
  4. 12Baseten55
  5. 12Modal55

Ratings by Claude (draft), 2026-11-02, read from the Atlas data under the ratings rubric. Logo: wasabi.com. CC0 via Simple Icons 16.36.0. The mark is a trademark of its owner.