Backblaze
Cloud backup and object storage company offering personal/business backup and B2 cloud storage as a cost-effective alternative to Amazon S3.
Est. Valuation
$435M
$435,000,000 · 5× ARR estimate
Monthly Revenue (MRR)
$7.3M
$7,250,000/mo
Annual Revenue (ARR)
$87M
$87,000,000/yr
Founded
2007
Backblaze Revenue History
Revenue history for Backblaze from 2018 to 2026.
How Backblaze Makes Money
Backblaze Funding
Backblaze is fully bootstrapped with no outside funding. The company has grown to $87,000,000 ARR organically.
Backblaze Founders
Gleb Budman
Co-founder & CEO
Backblaze FAQ
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SaaS companies with similar tags and business models.
How We Estimate Backblaze's Revenue & Valuation
Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:
- Verified — directly confirmed via Stripe integration or audited filings.
- Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
- Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).
Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.
These are estimates, not official figures. Official numbers — when available — will always override estimates.