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Pinata is an IPFS-based decentralized storage platform for Web3 applications and digital assets.
Pinata Cloud is a leading Web3 infrastructure provider based on IPFS (InterPlanetary File System) technology, making it simpler for developers, creators, startups, and enterprises to work with their decentralized content. One of the most popular IPFS service providers, Pinata offers API integrations, software development kits (SDKs), customized gateways, and decentralized storage solutions for use by NFT collections, blockchain applications, AI projects, streaming platforms, and numerous other Web3 application types. Providing a comprehensive package to utilize IPFS, Pinata ensures the speed, availability, and scalability needed by applications today.
| Year | Key Achievements |
| 2018 | Pinata was founded in Omaha, Nebraska, by Kyle Tut (CEO) and Matt Ober (CTO). |
| Focused on making the InterPlanetary File System (IPFS) simpler for developers. | |
| Provided an easy pinning service to simplify decentralized storage. | |
| 2019 – 2020 | Pinata transitioned from a bootstrapped business to being a vital infrastructure layer for crypto and Web3 applications. |
| Raised seed funding for platform growth. | |
| Released Dedicated Gateways that allowed developers to access decentralized data faster than public IPFS nodes. | |
| 2021 | Gained traction as a major backend storage provider amid the worldwide NFT craze. |
| Hosted media files and metadata for OpenSea, Yuga Labs, and Autograph. | |
| Generated 42x year-over-year revenue. | |
| 2022 | Closed a seed and Series A financing round totaling $21.5 million in August 2022. This investment was led by Greylock and Pantera Capital, alongside support from OpenSea and Alchemy. |
| Enhanced its global CDN, with servers operating in over 200 locations. | |
| Released Submarining, a functionality for unlocking content gated by tokens. | |
| 2023 | Expanded beyond traditional IPFS hosting into a Web3 media distribution platform. |
| Introduced usage-based pricing for better scalability. | |
| Supported projects ranging from small independent dApps to enterprise-grade platforms. | |
| 2024 | Introduced Private IPFS for secure private data hosting. |
| Enabled developers to retain cryptographic content identifiers (CIDs) while managing private data. | |
| 2025 | Integrated the x402 (HTTP 402 "Payment Required ") protocol on the Base network. |
| Enabled developers to attach stablecoin (USDC) paywalls directly to private files. | |
| Expanded infrastructure support for AI models, datasets, and vector embeddings. | |
| Positioned verifiable CIDs as secure hosting infrastructure for AI workloads. |
Launch Date
Jan-2018
Company Size
Small (11-50)



Kyle Tut, Matt Ober, Drew Trombley and 4 Others
UNITED KINGDOM ACADEMY, 225 C. Escollo, Ciudad de México, Ciudad de México 01759, Mexico

Sales & Business Development

Senior Software Engineer

Principal platform engineer

Senior Software Engineer

DevOps Specialist

Co-Founder & CEO

Co-Founder & CTO
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| # | Investor Name | Investor Category | Funding Date | Funding Round | Invested By | Fund Raised |
|---|---|---|---|---|---|---|
No Records data foundOops, it’s quiet here! No funding list yet. | ||||||
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