---
title: "VAST Data revenue and valuation"
description: "VAST Data's ARR is estimated at $420M–$880M, last reported at $500M. Valued at $30B after raising $1.38B. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/vast-data.md
canonical_url: https://www.tryspecter.com/revenue-valuation/vast-data
publisher: Specter
last_updated: 2026-11-01
---

# VAST Data revenue and valuation

Specter estimates VAST Data's annual revenue at $420M to $880M and its valuation at $28.1B to $40.4B. The company last reported $500M ARR in February 2026 and was priced at $30B in April 2026.

VAST Data unifies storage, database, and compute into an AI operating system.

- Estimated revenue: $420M to $880M (October 2026)
- Estimated valuation: $28.1B to $40.4B (October 2026)
- Last reported ARR: $500M (February 2026)
- Total funding: $1.38B
- Founded: 2016
- Headquarters: New York City, United States
- Employees: 1,271
- Sector: AI infra
- Specter Rank: #44,346

## VAST Data revenue

VAST Data last reported $500M ARR in February 2026. Specter's model puts current ARR between $420M and $880M.

| Reported figure | Date | Source |
| --- | --- | --- |
| $500M ARR | February 2026 | [Vast Data expands AI Operating System with global control plane, zero-trust agent framework and deeper Nvidia integration](https://siliconangle.com/2026/02/25/vast-data-expands-ai-operating-system-global-control-plane-zero-trust-agent-framework-deeper-nvidia-integration/) (siliconangle.com) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $610M | $420M | $880M |
| September 2026 | $600M | $430M | $840M |
| August 2026 | $580M | $420M | $800M |
| July 2026 | $580M | $420M | $780M |
| June 2026 | $550M | $390M | $780M |
| May 2026 | $550M | $410M | $750M |
| April 2026 | $550M | $420M | $720M |
| March 2026 | $500M | $400M | $620M |
| February 2026 | $500M | $420M | $600M |
| January 2026 | $370M | $290M | $470M |
| December 2025 | $270M | $220M | $340M |
| November 2025 | $200M | $166M | $240M |
| October 2025 | $200M | $162M | $250M |
| September 2025 | $200M | $159M | $250M |
| August 2025 | $200M | $155M | $260M |
| July 2025 | $200M | $153M | $260M |
| June 2025 | $200M | $150M | $270M |
| May 2025 | $200M | $141M | $280M |
| April 2025 | $200M | $134M | $300M |
| March 2025 | $200M | $129M | $310M |
| February 2025 | $200M | $122M | $330M |
| January 2025 | $200M | $120M | $330M |
| December 2024 | $200M | $118M | $340M |
| November 2024 | $200M | $117M | $340M |
| October 2024 | $200M | $107M | $370M |
| September 2024 | $179M | $89M | $270M |
| August 2024 | $200M | $79M | $510M |
| July 2024 | $200M | $122M | $330M |
| June 2024 | $200M | $98M | $410M |

## VAST Data valuation

VAST Data's valuation rose from $1.2B at its Series F in April 2020 to $30B at its Series F in April 2026. Specter's live estimate sits between $28.1B and $40.4B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $33.6B | $28.1B | $40.4B |
| September 2026 | $30B | $24.9B | $36.1B |
| August 2026 | $30B | $24.7B | $36.5B |
| July 2026 | $30B | $24.9B | $36.1B |
| June 2026 | $30B | $24.5B | $36.8B |
| May 2026 | $30B | $24.6B | $36.5B |
| April 2026 | $30B | $24.9B | $36.1B |
| March 2026 | $30B | $24.9B | $36.1B |
| February 2026 | $28.7B | $16.1B | $51.3B |
| January 2026 | $27.4B | $15.7B | $47.9B |
| December 2025 | $26.2B | $15.7B | $43.9B |
| November 2025 | $25.1B | $15.2B | $41.4B |
| October 2025 | $24B | $14.7B | $39.1B |
| September 2025 | $23B | $15B | $35.1B |
| August 2025 | $22B | $14.2B | $34B |
| July 2025 | $21B | $13.1B | $33.8B |
| June 2025 | $20.1B | $12.9B | $31.2B |
| May 2025 | $19.2B | $12B | $30.6B |
| April 2025 | $18.4B | $11.9B | $28.3B |
| March 2025 | $17.6B | $11.7B | $26.4B |
| February 2025 | $16.8B | $10.9B | $25.8B |
| January 2025 | $16.1B | $10.4B | $24.9B |
| December 2024 | $15.4B | $9.86B | $23.9B |
| November 2024 | $14.7B | $9.45B | $22.9B |
| October 2024 | $14.1B | $9.23B | $21.4B |
| September 2024 | $13.4B | $9.3B | $19.4B |
| August 2024 | $12.9B | $9.21B | $17.9B |
| July 2024 | $12.3B | $9B | $16.8B |
| June 2024 | $11.8B | $9.59B | $14.4B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $30B | September 2026 | [calcalistech.com](https://www.calcalistech.com/ctechnews/article/bk0wrsudze) |
| $30B | July 2026 | [siliconangle.com](https://siliconangle.com/2026/07/10/cache-storage-powers-vast-data-ai-infrastructure-edge-raisesummit/) |
| $30B | April 2026 | Funding round |
| $30B | March 2026 | [calcalistech.com](https://www.calcalistech.com/ctechnews/article/gk3vz6kqe) |
| $9B | December 2023 | Funding round |
| $3.7B | May 2021 | Funding round |
| $1.2B | April 2020 | Funding round |

## VAST Data funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 13 Oct 2026 | Corporate round | Undisclosed | Undisclosed | Kia Motors, Hyundai Motor Company |
| 9 Apr 2026 | Series F | $1B | $30B | Drive Capital, Access Industries |
| 5 Dec 2023 | Series E | $118M | $9B | Fidelity |
| 4 May 2021 | Series D | $83M | $3.7B | Tiger Global Management |
| 16 Apr 2020 | Series F | $100M | $1.2B | N47 |
| 26 Feb 2019 | Series B | $40M | Undisclosed | Undisclosed |
| 13 Mar 2018 | Series A | $25M | Undisclosed | Undisclosed |
| 2 Jan 2016 | Series A | $15M | Undisclosed | Undisclosed |

## VAST Data vs competitors

The AI storage market splits between hardware-centric enterprise incumbents and software-driven AI infrastructure specialists.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| VAST Data | $420M–$880M | $28.1B–$40.4B |
| WEKA (weka.io) | $77M–$174M | $920M–$1.8B |
| DDN (ddn.com) | $210M–$460M | $3.81B–$6.25B |
| Pure Storage (purestorage.com) | $2.68B–$5.87B | $1.42B–$7.91B |
| NetApp (netapp.com) | $5.57B–$11.2B | $10.1B–$28B |

## Questions

### What is VAST Data's revenue?

Specter estimates VAST Data's annual recurring revenue at $420M to $880M as of October 2026. VAST Data last reported $500M ARR in February 2026.

### What is VAST Data's valuation?

VAST Data's latest post-money valuation is $30B, from an April 2026 Series F. Specter's live estimate is $28.1B to $40.4B.

### What is VAST Data's revenue multiple?

VAST Data is valued at about 60× ARR, based on its $30B April 2026 valuation and $500M last reported ARR. That works out to roughly $393K of ARR per employee.

### How much funding has VAST Data raised?

$1.38B across eight rounds, from a $15M Series A in January 2016 to a corporate round in October 2026.

### Who invested in VAST Data?

19 investors, including Access Industries, Drive Capital, Fidelity, Hyundai Motor Company, Kia Motors and Tiger Global Management.

### Who are VAST Data's competitors?

WEKA, DDN, Pure Storage and NetApp. Specter ranks 30 competitors for VAST Data.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "VAST Data revenue and valuation." tryspecter.com/revenue-valuation/vast-data. Updated November 2026.