VaultSpeed is a Belgian scale-up specialising in automated data transformation solutions. Seeking to benefit from mentoring, equity opportunities, and strategic partnerships, VaultSpeed joined the EIC Scaling Club as part of the first cohort of 48 European deep-tech enterprises and is a member of the Digital Security & Trust group.

We sat down with VaultSpeed’s co-founder and CEO Piet de Windt to learn more about the company’s origins, the solution it brings to the market, and the challenges and achievements they have had along the way.

Transforming automated data transformation

VaultSpeed’s origins trace back to the early 2000s, when its founders were implementing data warehouses for clients. Over time, they identified recurring challenges in scaling and maintaining quality standards in data automation. Recognising the limitations of manual coding, they envisioned a platform that would automate these processes.

“Manual coding creates bottlenecks and limits agility,” notes de Windt. “Our platform addresses this by automating the process and ensuring standardisation, which improves quality while reducing the burden of maintenance.” The company officially embarked on this journey in 2016, when it began developing a cloud-based platform with a graphical user interface.

VaultSpeed’s mission centres on empowering enterprises to deliver data products faster, with greater automation, and at lower cost. Its platform accelerates automation across four critical domains: modeling, engineering, governance, and deployment. What sets VaultSpeed apart is its no-code, metadata-driven approach that integrates seamlessly with leading cloud platforms like Microsoft Azure, Snowflake, and Google BigQuery. Piet de Windt explains:

"At VaultSpeed, we’ve created a no-code, guided automation process supported by dynamic logical agents. This allows our customers to deliver high-quality data products 23 times faster than with manual coding."

The platform also ensures portability, enabling businesses to easily migrate data between cloud environments, reducing risks and long-term costs. It can be used even in highly regulated industries like banking and government, providing the flexibility to scale while maintaining strict security standards. 

Navigating growth and global expansion

VaultSpeed has faced a range of challenges typical of fast-scaling companies, related to growth and adaptation, as well as navigating a difficult economic climate. Nevertheless, the company has maintained a positive outlook and demonstrated resilience.

VaultSpeed's success, according to Piet de Windt, stems from building exceptional software and delivering it effectively to the market. To achieve this, VaultSpeed assembled a team of top talent, working under the leadership of its co-founders to develop and execute the company’s vision and strategy.

As VaultSpeed transitioned from a start-up to an enterprise-focused market player, it strengthened its team by recruiting seasoned sales professionals with extensive experience in selling enterprise software. This dual focus—creating a world-class product and delivering value to enterprise customers—forms the core of VaultSpeed’s success. As the company scaled rapidly, its leadership team implemented processes, tools, and a highly skilled workforce to support its growth.

According to Piet de Windt, one notable challenge has been expanding its activities into the United States, a vital market for enterprise software. As a European-based company headquartered in Belgium, with offices in Lithuania and the UK, VaultSpeed has had to navigate cultural differences and adopt strategies to achieve success in the highly competitive and dynamic US market.

Series A success, record sales, and the road ahead

VaultSpeed's global ambitions have been supported by robust investment—in 2023, the company announced securing €15.1 million in its Series A funding round. The round was led by Octopus Ventures and supported by other investors, such as Fortino Capital, PMV, and BNP Paribas Fortis Private Equity.

VaultSpeed is using the funds to strengthen its international presence, with a particular emphasis on expanding its footprint in the UK and US markets, as well as investing in enhancing its platform’s automation capabilities.

In 2024, VaultSpeed has achieved remarkable sales success, including closing its fastest-ever deal in New Zealand within just three weeks, from initial discussion to agreement. The company has also recorded over 1,000 leads in the first half of 2024, a new record that signals growing demand for its solutions. 

Closer to home, VaultSpeed’s inclusion in the EIC Scaling Club highlights its role in Europe’s innovation ecosystem. By participating in this initiative, VaultSpeed gains access to mentoring, equity opportunities, and partnerships, which align with the scale-up’s broader mission of fostering a stronger European economy. 

As industries increasingly recognise the value of data in driving growth, VaultSpeed is well-positioned to lead the charge in delivering fast, scalable, and reliable automated data transformation solutions.

About the EIC Scaling Club

The EIC Scaling Club is a curated community where 120+ European deep tech scale-ups with the potential to build world-class businesses and solve major global challenges come together with investors, corporate innovators and other industry stakeholders to spur growth.

The top 120+ European deep tech companies will be carefully selected from a pool of high-growth scale-ups that have benefitted from EIC financial schemes, other European and national innovation programmes, and beyond.

The EIC Scaling Club is an EIC-funded initiative run in partnership by Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA and IESE Business School.

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