Storj
- Company typePrivate
- Founded2014
- HeadquartersAtlanta, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Storj does
Storj (legal entity Storj Labs Inc.) is a private, Atlanta-headquartered cloud infrastructure company founded in 2014 that operates a distributed cloud platform for object storage, file system access, and GPU compute. The platform uses Reed-Solomon erasure coding to encrypt and shard data across a global network of independent storage node operators, then exposes the data through an S3-compatible API (Uplink client library and Edge Services gateway), with end-to-end AES256-GCM encryption, user-controlled keys, and a zero-trust/zero-knowledge architecture. Core products are Object Storage (S3-compatible cloud object storage), Object Mount (the cunoFS POSIX-compatible file mount client acquired from PetaGene in October 2024 with up to 50 Gbps per node throughput), and Cloud Compute/GPU (on-demand rental of over 16,000 GPUs acquired through Valdi in July 2024). A compliance add-on called Storj Select provides SOC2 Type 2, GDPR, HIPAA, CJIS, and MPA-aligned configurations.
Storj makes money primarily through usage-based pricing on storage volume (GB-month) and bandwidth/egress, supplemented by annual subscription commitments for enterprise customers under signed Purchase Agreements and by Storj Select compliance fees. Pricing claims up to 80% cost savings versus AWS, Azure, and GCP, with zero egress fees and self-reported 42% faster 5MB download performance versus AWS S3. Go-to-market combines product-led growth via self-serve sign-up at storj.io, a channel partner program spanning resellers, VARs, MSPs, and systems integrators, and direct enterprise sales. Primary customer segments are AI/ML, Media & Entertainment, Enterprise IT, Healthcare, and Law Enforcement (CJIS), with named customers including Cloudwave (300+ hospitals across six countries), Vivint, Gabb, Caltech, and multiple media and AI startups.
In October 2025, Storj was acquired by Inveniam Capital Partners and continues to operate as a subsidiary, with plans to integrate its technology and the STORJ utility token into Inveniam's data operating system platform. The company had previously raised approximately $35.4M in disclosed funding between 2014 and 2017, employs 51–100 people, and maintains an engineering/R&D presence in Cambridge, UK through the wholly-owned PetaGene subsidiary.
Storj firmographics
Firmographics- Name
- Storj
- Legal name
- Storj Labs Inc.
- Website
- https://storj.io
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Storj industry classification
Industry- Product category
- Distributed Cloud Storage
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Software Publishers (513210)
- SIC
- Computer Storage Devices (3572), Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Object Storage Platforms (HDABAEAC)
- akta.pro secondary industries
- Cloud Storage Core Services (Object/Block/File Storage as a Service) (HDABAAAK), Storage Virtualization & Software-Defined Storage (SDS) (HDABAEAF), Hybrid Cloud Storage & Backup Infrastructure (HDABAMAG)
Keywords
Where Storj is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Storj business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Object Storage Services: Subscription and usage-based pricing for distributed object storage. Customers pay based on storage volume (GB-month) and bandwidth usage (egress). Provides S3-compatible cloud storage with cost savings of up to 80% compared to traditional hyperscalers.
- GPU Compute Rentals: Revenue from on-demand GPU computing services acquired through Valdi, enabling customers to rent GPU resources for AI training, scientific computing, and media workloads.
- Enterprise Storage Agreements: Custom purchase agreements for enterprise customers requiring dedicated capacity, compliance configurations, or volume commitments. Governed by signed Purchase Agreements with negotiated terms.
- Storj Select Compliance Add-on: Enhanced compliance features (SOC2 Type 2 facilities, GDPR, HIPAA, CJIS, MPA support) for regulated industries including healthcare, law enforcement, and media/entertainment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Usage-based object storage with free trial |
| Subscription | Annual | Enterprise custom pricing |
| Usage-based | Pay-as-you-go | GPU compute rentals |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Storj product offering
Product offeringCore offering
Storj operates a distributed cloud platform that sells S3-compatible object storage, a distributed file-system mount, and on-demand GPU compute. Customer data is encrypted client-side, split via Reed Solomon erasure coding, and dispersed across a global network of independent storage node operators, delivering S3-compatible storage at materially lower cost than centralized hyperscalers.
Product overview
Storj is a distributed and decentralized cloud platform providing object storage, file system access, and GPU compute services. The core offering is Object Storage (S3-compatible distributed cloud storage), complemented by Object Mount (POSIX-compatible file system access via cunoFS), Cloud Compute/GPU (acquired from Valdi), and Edge Services (S3 Gateway, Linkshare, Auth). The platform leverages a global network of storage nodes operated by node providers, uses erasure coding for redundancy, and offers costs up to 80% lower than hyperscalers while reducing carbon emissions by 83%. After being acquired by Inveniam Capital Partners in October 2025, Storj continues to operate as a subsidiary, integrating its technology into Inveniam's decentralized data infrastructure ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- cunoFS: Distributed file storage mount client that allows customers to interact with object storage as if it were a fast native file system with POSIX compatibility.
Products and services
- Storj Object Storage S3-compatible distributed cloud object storage that encrypts data client-side, splits it via Reed Solomon erasure coding, and distributes fragments across a global network of independent storage node operators. Sold to developers, SMBs, and enterprises as a lower-cost, zero-knowledge alternative to AWS S3.
- Object Mount Mount-based access layer on top of Storj Object Storage that allows applications to interact with stored objects through a familiar mount-style interface without changing S3 code paths.
- cunoFS Distributed file system offering from Storj that provides POSIX-style file access backed by the same decentralized storage network, positioned for workloads that need file semantics rather than object semantics.
- Storj Cloud Compute (GPU) On-demand GPU compute service offered by Storj alongside its object storage platform, targeted at AI/ML training and inference, media rendering, and other compute-heavy workloads that benefit from colocated distributed storage.
- Storj Select Compliance-focused add-on offering for Storj Object Storage that provides the documentation, controls, and contractual commitments needed to deploy the platform for regulated workloads in law enforcement (CJIS), healthcare (HIPAA), and financial services (FINRA).
Quantifiable outcome
- 80% lower cost vs traditional cloud storage providers
- +5 more outcomes
Companies that use Storj
Customer profileNamed customers13 records
Segments6 records
Ideal customer profiles3 records
Storj technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability5 records
Feature7 records
Storj partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PetaGenecoreStorj acquired PetaGene, creator of cunoFS distributed file storage mount client. cunoFS enables high-performance POSIX-compatible file access to object storage, achieving up to 50 Gbps per node and 10 Tbps aggregate throughput. PetaGene continues as a wholly owned subsidiary. The acquisition expands Storj's file storage capabilities for video, media, and AI workloads.
- ValdicoreStorj acquired Valdi, a leader in high-performance GPU cloud computing, to expand its distributed cloud platform capabilities. Valdi provides on-demand GPU computing through a global network of over 16,000 GPUs, addressing AI workloads, scientific computing, and media rendering needs. The acquisition integrates storage and GPU compute services for a full-stack distributed cloud solution.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Storj competitors and assessment
Company assessmentDirect peers
- Filecoin: Filecoin is a decentralized storage network using a token-incentivized model similar to Storj, competing for the same decentralized object storage workloads. Both leverage distributed node operators and erasure coding for redundancy.
- Backblaze: Backblaze B2 is an S3-compatible object storage service marketed on cost-efficiency versus hyperscalers, directly competing with Storj for SMB and media backup/archive workloads. Both target budget-conscious customers seeking alternatives to AWS S3 pricing.
- Wasabi Technologies: Wasabi provides S3-compatible hot cloud storage with no egress fees, directly comparable to Storj's value proposition. Both target backup, surveillance, and media workflows with flat, predictable pricing models.
- Cloudflare R2: Cloudflare R2 is an S3-compatible object storage service explicitly marketed on the absence of egress fees, directly competing with Storj's no-egress, distributed storage model for global content and application data.
- MinIO: MinIO provides S3-compatible object storage software deployed on-premises and in hybrid configurations, often integrated alongside cunoFS. MinIO and Storj overlap in S3-compatible storage offerings, especially for AI/ML and private cloud deployments.
Broad incumbents
- Microsoft Azure Blob Storage: Azure Blob Storage is a major hyperscaler object storage service with S3-compatible APIs via tools. Competes with Storj for enterprise IT and regulated workloads requiring strong compliance and integration with Microsoft ecosystems.
- Akamai (Object Storage / Linode): Akamai provides cloud infrastructure including object storage (formerly Linode Object Storage) and CDN services that overlap with Storj's media workflow integrations. Both serve media and entertainment customers with global content delivery and storage needs.
- Amazon Web Services (S3): AWS S3 is the dominant enterprise object storage incumbent that Storj benchmarks against on cost and performance. Although not a niche competitor, S3 sets the pricing and capability baseline Storj must beat or differentiate against.
Emerging players
- Arweave: Arweave is a decentralized storage network focused on permanent, one-time-fee data storage. It overlaps with Storj in the decentralized storage category but addresses permanent archival use cases rather than ongoing object storage workloads.
Others
- Veeam Software: Veeam is an enterprise backup vendor whose Veeam Ready Object certification Storj has achieved. Veeam is adjacent rather than competitive, channeling backup workloads to Storj as a target storage backend.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights8 records
Customer concentration
Storj social profiles
Digital presenceStorj compliance and trust
Trust signalCompliance5 records
Storj financial estimates
Financial estimateRevenue estimate
Valuation estimate
Storj leadership team
Management profileNumber of profiles
Profiles3 records
Storj subsidiaries and ownership
Company hierarchySubsidiaries1 record
Storj funding detail
Funding detailFunding overview
Funding rounds7 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Storj M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Storj
What does Storj do?
Storj operates a distributed cloud platform that sells S3-compatible object storage, a distributed file-system mount, and on-demand GPU compute. Customer data is encrypted client-side, split via Reed Solomon erasure coding, and dispersed across a global network of independent storage node operators, delivering S3-compatible storage at materially lower cost than centralized hyperscalers.
Is Storj a public or private company?
Storj is a private company. It is classified as corporate owned and is currently operating.
When was Storj founded?
Storj was founded in 2014. It employs 11 to 50 people.
Where is Storj based?
Storj is headquartered in Atlanta, United States, in the North America region.
How does Storj make money?
Four revenue lines are on record. Object Storage Services are the primary driver. The others are GPU Compute Rentals, enterprise Storage Agreements and storj Select Compliance Add-on.
Who are Storj's main competitors?
Direct peers on record are Filecoin, Backblaze, Wasabi Technologies, Cloudflare R2 and MinIO. Broad incumbents are Microsoft Azure Blob Storage, Akamai (Object Storage / Linode) and Amazon Web Services (S3). Arweave is listed as an emerging player. Veeam Software is listed as an others.
Does Storj have an API?
Yes. Storj provides S3-compatible API access via Uplink (Libuplink asynchronous multi-platform client library) and Edge Services (S3 Compatible Gateway and Auth Service). Uplink is the command line interface for encrypted transfer of Storage Materials. Edge Services includes a globally distributed, multi-region cloud-hosted S3-compatible gateway service and Linkshare Service for sharing objects via web browser. Developer documentation is at www.storj.dev.
What industry is Storj in?
Storj's product category is Distributed Cloud Storage. Its primary akta.pro industry code is HDABAEAC, Object Storage Platforms, with a secondary code of HDABAAAK, Cloud Storage Core Services (Object/Block/File Storage as a Service). Its NAICS code is 518 and its SIC code is 3572.