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ArDrive

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The app that lets you pay once to securely save your files forever on the Arweave Permaweb, The app that lets you pay once to securely save your files forever on the Arweave Permaweb

Westwood, United StatesFounded 2020Consumer Services
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ArDrive and the history behind them.

About ArDrive

ArDrive is a pioneering startup that offers permanent digital storage solutions, leveraging the decentralized Arweave blockchain network. This innovative approach allows users to store their most valuable files, such as family photos, important documents, and digital art, without the need for ongoing subscription fees. Instead, ArDrive operates on a pay-once-per-file model, providing a cost-effective alternative to traditional cloud storage services.

ArDrive primarily serves individuals and businesses who require long-term, secure storage for their digital assets. This includes photographers, digital artists, NFT creators, and anyone looking to preserve important data indefinitely. By utilizing blockchain technology, ArDrive ensures that stored data remains immutable, meaning it cannot be altered or deleted, which is crucial for maintaining data integrity and compliance with regulatory standards.

The market ArDrive operates in is the rapidly growing Web3 and decentralized storage sector. This market is characterized by a shift away from centralized data storage solutions provided by major tech companies, towards more secure and user-controlled options. ArDrive's decentralized model empowers users by giving them full ownership and control over their data, eliminating the risks associated with data breaches and loss of access.

ArDrive's business model is straightforward yet innovative. The company generates revenue through a one-time payment for each file stored, rather than recurring subscription fees. This model not only provides cost savings for users but also aligns with the growing demand for more transparent and user-centric digital services.

In summary, ArDrive offers a unique and valuable service in the digital storage market, catering to a diverse range of clients who prioritize data permanence, security, and ownership. By leveraging blockchain technology, ArDrive is well-positioned to disrupt traditional cloud storage models and meet the evolving needs of the digital age.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Westwood, United States
Employees
13
Open positions
None listed
Dealroom signal
55.9/100
Industry
Media
Sector
Consumer Services, Arweave Ecosystem, Hard Tech, DT and LS
Technology
Blockchain, Deep Tech
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Feb 2022 $17M $69M Dorm Room Fund · Blockchain Capital · ArkStream Capital · Ryze Labs —
SEEDEquity / VC May 2021 — — IOSG Ventures · SevenX Ventures —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

ArDrive website traffic

Latest recorded traffic for ArDrive is 13K monthly website visits, up 71.1% over the last three months. ArDrive's team grew 0% over the past year.

Latest monthly visits13K 3-month web change+71.1% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

17 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed14 investors entered at this stage

  • Momentum 6
  • SevenX Ventures
  • IOSG Ventures
  • Ryze Labs
  • Arweave
  • Dorm Room Fund
  • Blockchain Capital
  • ArkStream Capital
  • Foresight VC
  • LongHash Ventures
  • Viewblock
  • Hypersphere Ventures
  • Cipholio Ventures
  • OFR Fund

Other known investors3 additional known investors

  • D1 Ventures
  • Foresight Ventures
  • Old Fashioned Research
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Westwood HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ArDrive on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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