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VAST Data IPO

VAST Data builds high-performance data storage infrastructure optimized for AI, deep learning, and analytics workloads. The company's platform eliminates the tradeoff between fast and cheap storage with a disaggregated architecture. VAST Data is valued at around $9.1 billion and is growing rapidly as AI drives demand for better storage.

IPO ExpectedUpdated April 23, 2026

Key Facts

IndustryEnterprise Data Storage
Founded2016
HeadquartersNew York, NY
Employees~800
Websitevastdata.com
FundingLatest round: ~$1B at $30B valuation (April 2026). Previous: Series E at $9.1B valuation. Total raised: ~$1.4B

About VAST Data

VAST Data has developed a revolutionary data storage architecture that eliminates the traditional trade-offs between performance, capacity, and cost in enterprise storage systems. The company's Universal Storage platform uses a disaggregated shared-everything architecture combined with storage-class memory, NVMe flash, and advanced software to deliver what it calls 'exabyte-scale' performance. This approach allows organizations to store and access massive datasets with consistently high performance, addressing the data storage challenges created by AI, machine learning, and big data analytics workloads.

VAST Data's technology represents a fundamental rethinking of how data storage systems should be designed for modern workloads. Traditional storage architectures force customers to choose between fast but expensive all-flash systems or slow but cheap disk-based systems. VAST eliminates this compromise by creating a single tier of storage that can scale to exabyte levels while maintaining high performance. The company has gained significant traction among enterprises dealing with large-scale data analytics, AI training, and high-performance computing applications, positioning itself as a key infrastructure provider for the data-driven economy.

IPO Status

VAST Data is targeting an IPO by the end of 2026, with the CEO stating the company aims to be IPO-ready by year-end. The company has raised approximately $1 billion in a new funding round in April 2026, reaching a $30 billion valuation with backing from NVIDIA and other investors. This represents a tripling of valuation from its previous Series E round at $9.1 billion. VAST Data is growing rapidly and is highly profitable, with the company being free cash flow positive and having previously reported $200 million in ARR. The company recently hired Spotify's former CFO Amy Shapero to help prepare for its public market debut. According to recent reports, an IPO is actively on the horizon as the company continues its preparations, with late 2026 being the targeted timeframe for being IPO-ready, though the exact timing of the public offering remains flexible.

Competitors

Frequently Asked Questions

Does VAST Data have a stock?

As of early 2026, VAST Data has not officially filed for an IPO, but a public listing is widely expected. The company has been showing strong signals of IPO preparation.

When is the VAST Data IPO date?

No official VAST Data IPO date has been announced yet. The company is expected to go public, but the exact timing depends on market conditions and company readiness.

How can I buy VAST Data stock?

VAST Data is not yet publicly traded. Once the company completes its IPO, you'll be able to buy shares through any major brokerage.

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