Pinata
The leading media management company for the creators and developers building the future of web3.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | $18.0m | Early VC |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Pinata is a cloud-based platform that specializes in storing, managing, and sharing files for non-fungible tokens (NFTs) on the InterPlanetary File System (IPFS). The company provides a suite of tools and APIs that enable developers and creators to easily upload and manage their NFT media, such as images, videos, and other digital assets.
By using IPFS, Pinata ensures that the content associated with an NFT remains accessible and immutable, a critical aspect for maintaining the value and authenticity of digital collectibles. The platform caters to a wide range of clients, from individual artists and creators to large-scale NFT marketplaces and decentralized applications (dApps). Pinata's business model is based on a freemium subscription service, where users can start with a free plan and then upgrade to paid tiers for more storage, faster speeds, and additional features. This model allows the company to serve a broad market, from hobbyists to enterprise-level clients, generating revenue through recurring subscription fees.
Keywords: NFT, IPFS, web3, media management, file storage, decentralized applications, digital assets, dApps, API, blockchain