About Sia
Sia is a company based in Boston (United States) founded in 2015.. Sia has raised $3.75 million across 2 funding rounds from investors including Paradigm, Bain Capital Ventures and Dragonfly Capital. Sia offers products and services including Rent Storage, Host Storage, Sia Wallet, Vup App, and S5 Storage. Sia operates in a competitive market with competitors including Storj, Filecoin, Impossible Cloud, KYVE and Synternet, among others.
- Headquarter Boston, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sia Foundation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.75 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Series A
Sep 22, 2020
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Investors
Paradigm
& 5 more
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Employee Count
Employee Count
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Products & Services of Sia
Sia offers a comprehensive portfolio of products and services, including Rent Storage, Host Storage, Sia Wallet, Vup App, and S5 Storage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for renting decentralized storage space securely.
Service to offer personal storage on the Sia network.
Wallet for transactions and managing Sia storage payments.
App for encrypted file sharing and media streaming.
Fast content-addressed storage compatible with Sia.
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Human Resources and Administration
1 people
Software Development Team
1 people
Product Management Team
1 people
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Funding Insights of Sia
Sia has successfully raised a total of $3.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.0M
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First Round
First Round
(08 Sep 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series A - Sia | Valuation | Paradigm | |
| Sep, 2016 | Amount | Seed - Sia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sia
Sia has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Paradigm, Bain Capital Ventures and Dragonfly Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward crypto-assets and Web3 businesses.
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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location | |
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Investment and strategic support are provided by Raptor Group.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sia Comparisons
Competitors of Sia
Sia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Storj, Filecoin, Impossible Cloud, KYVE and Synternet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Decentralized cloud storage is provided via blockchain and peer-to-peer networks.
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| domain | founded_year | HQ Location |
Decentralized storage networks are provided for enterprise file solutions.
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| domain | founded_year | HQ Location |
Decentralized cloud storage solutions are offered for enterprises.
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| domain | founded_year | HQ Location |
Blockchain-based decentralized data lake enables data storage and validation.
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| domain | founded_year | HQ Location |
Modular, interoperable data infrastructure is powered across multiple blockchains.
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| domain | founded_year | HQ Location |
AI-based computing and decentralized applications are provided via blockchain.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sia
Frequently Asked Questions about Sia
When was Sia founded?
Sia was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Sia located?
Sia is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Sia a funded company?
Sia is a funded company, having raised a total of $3.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Sep 08, 2016.
What does Sia do?
Sia was founded in 2015 in Boston, United States, within the blockchain and cloud storage sector. Decentralized storage solutions are offered to businesses, featuring enterprise-grade encryption and distribution across a network of hosts. Participants can provide storage capacity or acquire it for data needs. Files are secured through blockchain mechanisms and spread to ensure redundancy and privacy. A subscription-based pricing structure is made available for users.
What products or services does Sia offer?
Sia offers Rent Storage, Host Storage, Sia Wallet, Vup App, and S5 Storage.
Who are Sia's investors?
Sia has 6 investors. Key investors include Paradigm, Bain Capital Ventures, Dragonfly Capital, Raptor Group, and Fenbushi Capital.