What is Vault?
Vault operates as a specialized developer of high-performance payment hardware, most notably recognized for its VertiSwipe technology. This innovation addresses critical pain points in credit card processing by enhancing reader accuracy and performance across major industry-standard platforms like MAGTEK and IDTECH. Beyond its core swipe technology, the company maintains a strong portfolio of industrial-grade connectivity solutions, including the CORD+ series, which are engineered to exceed standard durability and data transmission requirements. By integrating these components into comprehensive enclosure solutions, Vault provides a critical layer of reliability for enterprise-level retail and financial service environments.
How much funding has Vault raised?
Vault has raised a total of $450K across 2 funding rounds:
Debt
$150K
Debt
$300K
Debt (2020): $150K with participation from PPP
Debt (2021): $300K led by PPP
Key Investors in Vault
PPP
Public-Private Partnership
What's next for Vault?
With this late-stage capital, Vault is positioned to scale its operational capacity and deepen its penetration into the global payment hardware market. The strategic focus will likely shift toward expanding the compatibility of its VertiSwipe ecosystem and optimizing supply chain logistics for its high-durability cable lines. As the retail sector continues to demand more resilient and accurate transaction interfaces, Vault's commitment to hardware excellence provides a defensive moat against commoditized competitors. Future growth will be driven by the continued adoption of its integrated enclosure solutions, which serve as a foundational element for modern, high-traffic point-of-sale systems.
See full Vault company page