Storj Labs Inc. Due Diligence

Run due diligence on Storj Labs Inc.: check compliance and get alerts when suppliers change.

United States · www.storj.io · 10 vendors

Storj Labs Inc. operates a decentralized cloud storage network that allows users to store data securely and privately across a global network of independent storage nodes. It leverages blockchain technology to provide secure, private, and performant cloud storage that is more affordable than traditional providers.

Resilience scores

Disruption prediction

Storj Labs Inc.: 11 critical incidents expected in the next three months, based on a weighted estimate from its suppliers.

Forecast estimates are rounded up to whole numbers.

9 of Storj Labs Inc.'s 10 vendors have incident tracking.

Technology vendors

Services catalogue

1 service in catalogue across 1 category; runs on 10 sub-vendors.

Insights

Last updated 2026-08-14 · revision 2

10 direct vendors, 170 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

9 in-scope frameworks identified; showing 3.

US State Privacy Laws — No public evidence

Evidence: https://www.storj.io/legal/privacy-policy

HIPAA (source) — Evidence found

Evidence: https://www.storj.io/object-storage/compliance, https://www.storj.io/object-storage/compliance/hipaa, https://www.storj.io/customer/cloudwave

CJIS — Evidence found

Evidence: https://www.storj.io/object-storage/compliance, https://www.storj.io/object-storage/compliance/cjis

Financials

Three-year financials

Financial Resilience Score: 3/10

Storj Labs is a small, private, venture-backed U.S. technology company that filed voluntary Chapter 11 bankruptcy on 26 July 2026 in the U.S. Bankruptcy Court for the Northern District of West Virginia (Case No. 5:26-bk-00512) to resolve legacy liabilities. The company raised only approximately US$35.4 million in cumulative venture capital over 11 years, a modest amount relative to hyperscale competitors, suggesting limited historical runway and likely sustained operating losses that eroded equity. The company was acquired by Inveniam Capital Partners in October 2025 (price undisclosed), and parent Inveniam continues to support operations through the restructuring. While Storj has differentiated decentralized cloud storage technology, a marquee customer base (CloudWave, Vivint, Caltech, TrueNAS, International Rescue Committee), and expansion into GPU cloud compute, the Chapter 11 filing indicates the balance sheet was insufficient to support legacy obligations. No public financial statements exist as Storj is a private Delaware corporation with no SEC filings.

Key strengths: Differentiated decentralized S3-compatible object storage technology with ~80% cost advantage vs hyperscalers, Blue-chip customer references (CloudWave, Vivint, Caltech, TrueNAS, International Rescue Committee), Strategic parent Inveniam Capital Partners supporting business through Chapter 11, STORJ ERC-20 utility token provides alternative non-equity funding lever, Product diversification into GPU cloud compute and Object Mount file-mount software, Veeam-Ready Object certification and compatibility with major backup ecosystems

Risk factors: In Chapter 11 bankruptcy as of July 2026 (Case 5:26-bk-00512, N.D. W.Va.), Modest total capital raised of only ~$35.4M over 11 years, Intense competition from AWS S3, Google Cloud, Azure Blob, Backblaze B2, Wasabi, Cloudflare R2, Customer confidence and employee attrition risk during restructuring, Regulatory/crypto exposure through STORJ token payments to node operators, No public financial disclosure hampers independent credit assessment, Likely history of operating losses and eroded equity

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