Companies · Computers

Storj Labs, Inc.

ATLANTA · Computers

Diligence memoA one-page analyst read on Storj Labs, Inc. — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
4
Rounds
1.0×
Latest step-up
Top 40%
Sector rank · raised
Seed
Latest stage · inferred · Sat Jul 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Storj Labs, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the software/compute sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.56× the median modeled value of Seed Computers companies in 2016–2018 (63 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Computers

Storj Labs, Inc. is one of 1370 Computers companies tracked from ATLANTA. By capital raised it ranks mid-pack (ahead of 61% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
2015
Year incorporated
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MPre-Seed · 2015-09-28 Raised $100K (real) Modeled valuation $5.1M (est)Pre-Seed2015Seed · 2015-10-29 Raised $1.8M (real) Modeled valuation $73M (est)Seed2015Pre-Seed · 2015-10-29 Raised $200K (real) Modeled valuation $10M (est)Pre-Seed2015Seed · 2016-07-01 Raised $1.0M (real) Modeled valuation $41M (est)Seed2016Seed · 2016-09-22 Raised $150K (real) Modeled valuation $6.1M (est)Seed2016Seed · 2017-07-01 Raised $1.0M (real) Modeled valuation $41M (est)Seed2017Seed · 2017-07-01 Raised $1.0M (real) Modeled valuation $41M (est)Seed2017+$1.8M+$200K+$1.0M+$150K+$1.0M+$1.0MCumulative $5.3M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$100K · 2015
Seed$1.8M · 2015
Bridge · Seed-stage$200K · 2015smaller follow-on
Seed extension$1.0M · 2016
Seed extension$150K · 2016
Seed extension$1.0M · 2017
Seed extension$1.0M · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$40.8M
Base estimate est.
$900K
Conservative case
$320.1M
Upside case
$5.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $5.1M · 2015-09-282015Seed · modeled $73.4M · 2015-10-29Pre-Seed · modeled $10.1M · 2015-10-29Seed · modeled $40.8M · 2016-07-01Seed · modeled $6.1M · 2016-09-22Seed · modeled $40.8M · 2017-07-01Seed · modeled $40.8M · 2017-07-012017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.65×/yr
Annual markup
2.17×/yr upside case
6.0 yr
Elapsed time used
9.0 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$1.7M/yr
Capital velocity
10.8 yr
On record since
2015
First round
7
Rounds on file
How it compares to the market

Benchmarked against 1370 companies in Computers. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.6× above median
This company$3.0M
Sector median$1.9M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$40.8M
Sector median$33.0M

Raised more than 61% of sector peers (real $). Modeled value above 53% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #51 of 63.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Damn the Torpedoes, LLC · Seed Raised $4.0M · modeled $163.2M (est)Maingear, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Glance Networks, Inc. · Seed Raised $4.0M · modeled $163.2M (est)Zyston, LLC · Seed Raised $3.7M · modeled $152.0M (est)Identity Automation Systems, LLC · Seed Raised $3.3M · modeled $132.6M (est)KeyNexus Inc. · Seed Raised $3.1M · modeled $128.5M (est)iQvcloud, Inc. · Seed Raised $3.0M · modeled $123.0M (est)Olono Inc. · Seed Raised $6.6M · modeled $122.9M (est)Building Block Management Inc · Seed Raised $3.0M · modeled $122.4M (est)Base Venture Investing, Inc. · Seed Raised $6.8M · modeled $122.4M (est)Rainnet Systems, Inc. · Seed Raised $3.0M · modeled $122.4M (est)FlipCause, Inc. · Seed Raised $2.8M · modeled $115.4M (est)Storj Labs, Inc. (this company) Raised $3.0M · modeled $40.8M (est)Storj Labs, Inc.
CompanyStageRaised · realValue · estvs peer med.
Damn the Torpedoes, LLCSeed$4.0M$163.2M2.23×
Maingear, Inc.Seed$4.0M$163.2M2.23×
Glance Networks, Inc.Seed$4.0M$163.2M2.23×
Zyston, LLCSeed$3.7M$152.0M2.08×
Identity Automation Systems, LLCSeed$3.3M$132.6M1.82×
KeyNexus Inc.Seed$3.1M$128.5M1.76×
iQvcloud, Inc.Seed$3.0M$123.0M1.68×
Olono Inc.Seed$6.6M$122.9M1.68×
Building Block Management IncSeed$3.0M$122.4M1.68×
Base Venture Investing, Inc.Seed$6.8M$122.4M1.68×
Rainnet Systems, Inc.Seed$3.0M$122.4M1.68×
FlipCause, Inc.Seed$2.8M$115.4M1.58×
Storj Labs, Inc. this companySeed$3.0M$40.8M0.56×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$100K2015-09-28$556K$5.1M85%
Seed$1.8M2015-10-29$9.0M$73.4M85%
Pre-Seed$200K2015-10-29$1.1M$10.1M85%
Seed$1.0M2016-07-01$5.0M$40.8M85%
Seed$150K2016-09-22$750K$6.1M90%
Seed$1.0M2017-07-01$5.0M$40.8M90%
Seed$1.0M2017-07-01$5.0M$40.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$100K2015-09-28
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$1.8M2015-10-29
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 18.0× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → No revenue.
    • 2 investors on this round.
  3. Pre-Seed$200K2015-10-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 9.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  4. Seed$1.0M2016-07-01
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 5.0× larger than the prior — scaling up.
  5. Seed$150K2016-09-22
    • Came back fast: 3 mo vs the ~12 mo sector norm.
    • Round 6.7× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Seed$1.0M2017-07-01
    • Raised 9 mo later, in step with the ~12 mo sector norm.
    • Round 6.7× larger than the prior — scaling up.
  7. Seed$1.0M2017-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
2017 ~Q4
Modeled next raise · ~4mo cadence
$1.0M
Modeled next size est.range $1.0M$1.6M
1.0×
Last step-up
$1.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Shawn Wilkinson2015-09
Registry & provenance

Storj Labs, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1656016
SEC CIK
2015
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
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Zelar Soft, LLCComputersSeed$3.0M$25.0Msame sector · same stage
Nitero, Inc.ComputersSeed$3.1M$61.2Msame sector · same stage
Abuyo, Inc.ComputersSeed$3.2M$61.2Msame sector · same stage
Konfer, Inc.ComputersSeed$3.2M$60.1Msame sector · same stage
Goldmail IncComputersSeed$3.2M$20.4Msame sector · same stage
Virtual Software Systems, Inc.ComputersSeed$2.8M$46.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Jask Labs Inc.ComputersSeries B$1.2B86%
Osterhout Group, Inc.ComputersSeries C$2.2B86%
Fritz Labs IncComputersSeries A$166.2M85%
Protech Systems Group, Inc.ComputersPre-Seed$46.0M85%
Gramercy Technologies, Inc.ComputersSeed$111.4M85%
X1 Labs, IncComputersPre-Seed$3.1M84%
xMEMs Labs, Inc.ComputersSeries A$333.0M84%
Goldbloom Laboratories Inc.ComputersPre-Seed$4.2M84%
Frequently asked
How much funding has Storj Labs, Inc. raised?
Storj Labs, Inc. has raised approximately $3.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Storj Labs, Inc.'s estimated valuation?
Provath's modeled valuation for Storj Labs, Inc. is approximately $40.8M (modeled range $900K–$320.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Storj Labs, Inc. at?
Storj Labs, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Sat Jul 01.
What does Storj Labs, Inc. do and where is it based?
Storj Labs, Inc. operates in the Computers sector, based in ATLANTA.
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