Web3 Storage
Fil One operates an S3-compatible object storage service built on the Filecoin network, offering 11 nines durable storage with zero egress fees at $4.99/TB/month. It serves AI/ML teams, Web3 developers, media archives, and enterprises needing verifiable, low-cost cloud storage.
- Company typePrivate
- Founded2020
- Headquarters—
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Web3 Storage does
Fil One is a commercial S3-compatible object storage service operated by FIL One LLC and built on the Filecoin decentralized storage network. Its core product delivers 11 nines durability with content-addressed cryptographic verification (via Proof-of-Spacetime on Filecoin), zero egress fees, and no API request charges at a flat $4.99/TB/month. The platform is designed as a drop-in replacement for AWS S3, with full S3 SDK and CLI compatibility, immutable Object Lock for ransomware protection, and point-in-time recovery features targeting audit and compliance workloads. Customers serve workloads across AI training and inference, Web3/NFT and dApp backends, media and cultural archives, enterprise backup and disaster recovery, and general multi-cloud strategies.
The product surface is layered: Object Storage is the foundation, supplemented by two 2025 add-on modules — Bucket Intelligence, a built-in RAG pipeline that auto-indexes files and enables natural-language queries using user-provided OpenAI, Anthropic, or Cohere keys, and the AI Agent Toolkit, which provides native MCP server, OAuth, and pre-built SDK integrations for AI agents and automation platforms (LangChain, LlamaIndex, Vercel AI SDK, CrewAI, Claude, Cursor, Continue, ChatGPT, Zapier, n8n, Make.com). Storage regions currently span US (Michigan) and EU (France), with additional regions planned to support data residency requirements.
The company operates a hybrid go-to-market combining product-led growth (1TB free for 30 days, no credit card) for developers and SMBs, direct enterprise field sales with custom SLAs and committed-use terms (1, 3, or 5 years), and a structured channel partner program covering resellers, VARs, technology partners, and MSPs. SOC 2 Type II and ISO 27001 certifications are actively in progress; HIPAA is supported via BAA and PCI DSS posture is documented. The company is led by a distributed team of infrastructure veterans including the President & Chair of the Filecoin Foundation and is operationally affiliated with the Filecoin Foundation, though it discloses no external venture funding to date.
Web3 Storage firmographics
Firmographics- Name
- Web3 Storage
- Legal name
- FIL One LLC
- Website
- https://web3.storage
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Short description
- Fil One operates an S3-compatible object storage service built on the Filecoin network, offering 11 nines durable storage with zero egress fees at $4.99/TB/month. It serves AI/ML teams, Web3 developers, media archives, and enterprises needing verifiable, low-cost cloud storage.
- Ownership category
- akta.pro rank
Web3 Storage industry classification
Industry- Product category
- Decentralized Cloud Object Storage
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Object Storage Platforms (HDABAEAC)
- akta.pro secondary industries
- Decentralized Data Availability & Storage Verification (DA layers, proofs of storage/replication, audit networks) (FSAPALAH), Cloud Storage Core Services (Object/Block/File Storage as a Service) (HDABAAAK)
Keywords
Web3 Storage business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Object Storage (Pay-as-you-go): Flat per-TB storage capacity pricing at $4.99/TB/month. No egress fees, no API request charges. Billed monthly based on total data stored. Free trial: 1TB for 30 days with no credit card required.
- Enterprise/Business Plans: Custom pricing for enterprises with predictable storage needs. Purchase in 1, 3, or 5-year committed-use increments. Includes capacity assurance and deployment SLAs. Volume discounts available.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Pay-as-you-go: $4.99/TB/month |
| Subscription | Multi-year contract | Business/Enterprise: Custom pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Web3 Storage product offering
Product offeringCore offering
Web3 Storage (operating as Fil One) sells S3-compatible object storage built on the Filecoin distributed storage network, providing 11 nines durability with daily cryptographic verification and no egress fees at $4.99/TB/month. The platform layers in a RAG-powered Bucket Intelligence module for natural-language querying of stored data and an AI Agent Toolkit with MCP server, OAuth connectors, and SDK integrations that let AI agents and automations work directly with stored objects.
Product overview
Fil One is a platform-plus-modules product architecture built around S3-compatible object storage. The core product is Object Storage — a fully S3-compatible, verifiably durable storage service with no egress fees and 11 nines durability. Two AI-powered modules extend the core: Bucket Intelligence (a RAG pipeline that turns buckets into queryable knowledge bases using user-provided LLM keys) and AI Agent Toolkit (MCP/OAuth/SDK integrations enabling AI agents to work directly with bucket data). Both modules connect to existing buckets without data migration and are free add-ons during early testing. Pricing is a flat $4.99/TB/month for storage with no API or egress charges.
Differentiator
Problem solved
Functional benefit
Products and services
- Object Storage S3-compatible object storage with 11 nines durability, daily cryptographic data integrity verification via CIDs anchored to Filecoin, zero egress fees, and no API request charges. Priced at $4.99/TB/month and drop-in compatible with every S3 SDK and workflow, including boto3, AWS CLI, TypeScript, and Go. Targets developers, AI/ML teams, enterprises, and Web3 applications.
- Bucket Intelligence RAG-powered knowledge base module that auto-indexes files in a Fil One bucket as they land and enables natural-language querying using user-provided LLM API keys (OpenAI, Anthropic, or Cohere). Supports PDF, Markdown, plain text, HTML, and DOCX files with near real-time indexing (under one minute) and semantic search grounded in the customer's actual data.
- AI Agent Toolkit Integration layer connecting AI tools and automations to Fil One buckets via a native MCP server (@fil-one/mcp-server), OAuth connectors, and pre-built SDK integrations for LangChain, LlamaIndex, Vercel AI SDK, and CrewAI. Supports AI applications such as Claude Desktop, Cursor, Continue, Claude.ai, and ChatGPT with full read/write access and revocable credentials.
Quantifiable outcome
- Up to 22x cost reduction compared to AWS S3 for typical workloads
- +3 more outcomes
Companies that use Web3 Storage
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Web3 Storage technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration28 records
AI capability4 records
Feature5 records
Web3 Storage partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Filecoin FoundationcoreFil One was built by the team behind Filecoin. Filecoin Foundation oversees the Fil One product team. Filecoin is the world's largest decentralized storage network (launched 2020, thousands of independent operators, exabytes of proven capacity). Fil One is the commercial product layer built on Filecoin infrastructure.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Web3 Storage competitors and assessment
Company assessmentOthers
- Protocol Labs: Protocol Labs is the organization behind Filecoin and IPFS, the underlying decentralized storage networks that Fil One commercializes. Not a direct competitor but the enabling infrastructure provider and ecosystem parent within which Fil One operates.
Direct peers
- MinIO: MinIO is an open-source S3-compatible object storage system that enterprises deploy on their own infrastructure. Competes with Fil One on the S3-compatible API standard and is often used as an alternative to hyperscalers in private cloud and AI environments.
- Backblaze B2: Backblaze B2 is an S3-compatible object storage service priced significantly below AWS S3. Competes directly with Fil One in the low-cost S3-compatible segment targeting SMBs, backup workloads, and cost-sensitive enterprise storage migrations.
- Wasabi: Wasabi provides hot cloud object storage with no egress fees and S3 compatibility. Directly competes with Fil One on the no-egress pricing model and targets similar use cases including backup, archive, surveillance, and media workflows.
- Cloudflare R2: Cloudflare R2 offers S3-compatible object storage with zero egress fees - the most direct competitor to Fil One on the same core value proposition. Targets developers and enterprises with AI, media, and backup workloads seeking to escape hyperscaler egress costs.
Emerging players
- Storacha: Storacha is a decentralized hot storage service built on Filecoin and IPFS, co-founded by Hannah Howard who is now Fil One's Head of Engineering. Closely related architecturally and within the same Protocol Labs/Filecoin ecosystem, representing the closest internal peer.
- Arweave: Arweave is a decentralized permanent storage network targeting long-term archival and NFT/data permanence use cases. Shares Fil One's decentralized-storage philosophy but focuses on permanent one-time-payment storage rather than recurring subscription object storage.
Broad incumbents
- AWS S3: Amazon S3 is the dominant object storage incumbent and Fil One's primary target competitor. Operates as part of AWS's vast ecosystem (compute, AI, analytics) and offers unmatched scale, regions, and integration; Fil One positions explicitly as a cost-disrupting alternative.
- Microsoft Azure Blob Storage: Azure Blob Storage is the Microsoft hyperscaler object storage service with deep Azure ecosystem integration. Competes with Fil One in enterprise workloads but bundles storage with broader compute, AI, and identity services that Fil One cannot match.
- Google Cloud Storage: Google Cloud Storage is Google's hyperscaler object storage offering, tightly integrated with BigQuery, Vertex AI, and Google's AI tooling. Fil One targets AI workloads that face high GCS egress costs, particularly around training data pipelines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Web3 Storage social profiles
Digital presenceWeb3 Storage compliance and trust
Trust signalCompliance4 records
Web3 Storage financial estimates
Financial estimateRevenue estimate
Valuation estimate
Web3 Storage leadership team
Management profileNumber of profiles
Profiles4 records
Web3 Storage funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Web3 Storage M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Web3 Storage
What does Web3 Storage do?
Web3 Storage (operating as Fil One) sells S3-compatible object storage built on the Filecoin distributed storage network, providing 11 nines durability with daily cryptographic verification and no egress fees at $4.99/TB/month. The platform layers in a RAG-powered Bucket Intelligence module for natural-language querying of stored data and an AI Agent Toolkit with MCP server, OAuth connectors, and SDK integrations that let AI agents and automations work directly with stored objects.
Is Web3 Storage a public or private company?
Web3 Storage is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Web3 Storage founded?
Web3 Storage was founded in 2020.
How does Web3 Storage make money?
Two revenue lines are on record. Object Storage (Pay-as-you-go) is the primary driver. The others are enterprise/Business Plans.
Who are Web3 Storage's main competitors?
Protocol Labs is listed as an others. Direct peers are MinIO, Backblaze B2, Wasabi and Cloudflare R2. Emerging players are Storacha and Arweave. Broad incumbents are AWS S3, Microsoft Azure Blob Storage and Google Cloud Storage.
Does Web3 Storage have an API?
Yes. Fil One provides a fully S3-compatible API that accepts standard AWS CLI commands and SDK connections. The API uses API key authentication (FIL_ACCESS_KEY and FIL_SECRET_KEY). Developers can connect using any S3-compatible SDK including boto3 (Python), as well as TypeScript and Go SDKs. The endpoint URL format is https://eu-west-1.s3.fil.one. Additionally, an MCP (Model Context Protocol) server is available via @fil-one/mcp-server package (npx -y @fil-one/mcp-server), enabling AI applications like Claude Desktop, Cursor, and Continue to connect directly to Fil One buckets. Developer documentation is at docs.fil.one.
What industry is Web3 Storage in?
Web3 Storage's product category is Decentralized Cloud Object Storage. Its primary akta.pro industry code is HDABAEAC, Object Storage Platforms, with a secondary code of FSAPALAH, Decentralized Data Availability & Storage Verification (DA layers, proofs of storage/replication, audit networks). Its NAICS code is 5182 and its SIC code is 7370.