Case Study: Storj achieves crypto-adjusted EBITDA reporting and real-time cash forecasting with Jirav

Storj Transforms Startup Challenges Into Strategic Opportunities With Jirav

Storj, an open-source decentralized cloud storage company, faced complex financial reporting and forecasting challenges after a multi‑million‑dollar token sale — juggling both cryptocurrency and cash, EBITDA reporting requirements, limited plan‑vs‑actual visibility, and heavy workforce budgeting needs. To replace time‑consuming Excel models and gain strategic financial control, Storj implemented Jirav (Jirav Pro) to model its unique crypto/cash drivers and KPIs.

Jirav delivered crypto‑adjusted EBITDA reporting, quick plan‑vs‑actuals, departmental budgeting and workforce planning, and visualized forecasting that aligns with accounting. The impact was measurable: Storj saved roughly 25–40 hours on forecasting, shifted from annual to multiple forecasts per year (with the potential for monthly forecasting), gained reliable three‑ to nine‑month cash projections, and improved board reporting and decision‑making — all enabled by Jirav.

Storj

Matthew May

CFO