Funding round
VAST Data Series F
VAST Data, which works in AI operating system development in United States, raised $1.00B in a Series F round announced on 22 Apr 2026, led by Drive Capital and Access Industries, at a $30.00B post-money valuation. 5 firms took part, 5 of them already investors. It is VAST Data's fifth venture round on record; the one before was a Series E in Dec 2023.
$1.00B
Amount raised
$30.00B
Post-money valuation
$29.00B pre-money
5
Investors
2 leads
3.3x
Step-up from the Series E
$9.10B in Dec 2023
3.3%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced VAST Data at $30.00B after the new money, 3.3 times the $9.10B of its Series E (Dec 2023). The $1.00B bought investors about 3.3% of the company. It came 28 months after VAST Data's Series E. It is 75% of the $1.34B VAST Data has raised in the venture rounds on record. No later venture round is on record for VAST Data.
VAST Data's funding rounds
VAST Data has 5 venture rounds on record. This one is highlighted.
- Series B 24 Feb 2019 $40M
- Series C 16 Apr 2020, led by Next47 $100M$1.20B post-money
- Series D 4 May 2021, led by Tiger Global $83M$3.70B post-money
- Series E 6 Dec 2023, led by Fidelity Management & Research Company $118M$9.10B post-money
- Series F this round 22 Apr 2026, led by Drive Capital and Access Industries $1.00B$30.00B post-money
Investors
Who put money in
Drive Capital and Access Industries led the round with 3 other firms. Drive Capital, Access Industries, Fidelity Management & Research Company and New Enterprise Associates and 1 more had backed VAST Data before.
Lead investors
- backs 35 venture-backed companies existing investor
- Access Industries existing investor
Also in the round
- Fidelity Management & Research Company existing investor
- New Enterprise Associates backs 286 venture-backed companies existing investor
- NVIDIA existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Software Development Services, then Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Baseten Software Development Services | 22 Jun 2026 | $1.50B | $13.00B | Altimeter and Conviction |
| Skydio Aircraft Parts & Services | 23 Apr 2026 | $110M | $4.40B | not named |
| Medical Supply Manufacturers | 7 Apr 2026 | $50M | $321M | Novo Holdings |
| Medical Supply Manufacturers | 14 Apr 2026 | $40M | not disclosed | Ally Bridge Group and Janus Henderson Investors |
| Kalshi Financial Services | 7 May 2026 | $1.00B | $22.00B | Coatue |
| Stord Warehousing & Storage | 26 May 2026 | $250M | $3.00B | Kleiner Perkins |
| Tomorrow.io Tech Companies | 18 May 2026 | $35M | not disclosed | not named |
| CARSOME Automobile Dealers & Manufacturers | 1 Mar 2026 | $30M | not disclosed | not named |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did VAST Data raise in its Series F round?
VAST Data raised $1.00B in its Series F round, announced in Apr 2026.
Who led VAST Data's Series F round?
Drive Capital and Access Industries led it, with Fidelity Management & Research Company, New Enterprise Associates and NVIDIA.
What was VAST Data's valuation at the Series F round?
$30.00B post-money ($29.00B pre-money).