Vaultedge
A B2B SaaS model, offering AI-powered document processing solutions to enterprises, particularly in the mortgage, insurance and banking sectors.
Founders
Co-Investors
Powerhouse Ventures
Venture highway
Upekkha
VaultEdge Business model
Manually going through individual loan, insurance and income documents to extract data is a time-consuming task that limits the number of documents that can be processed within a given timeframe. VaultEdge addresses this challenge through its B2B SaaS model, offering AI-powered document processing solutions to enterprises, particularly in the mortgage, insurance and banking sectors. Its platform automates the extraction, classification, and analysis of data from large volumes of documents, significantly reducing manual effort and processing time. VaultEdge offers flexible pricing models, including subscription-based and volume-based plans, depending on the client’s needs and scale. By integrating seamlessly with existing workflows, VaultEdge enhances operational efficiency, improves accuracy, and ensures compliance, making it an indispensable solution for organizations that rely heavily on document processing.
Why we invested in VaultEdge
We invested in VaultEdge because VaultEdge addresses a critical and costly bottleneck in the mortgage, insurance, and banking industries, that is, manual document processing. These sectors are drowning in paperwork with U.S. mortgage lenders alone processing over 10 million loan applications annually, each involving hundreds of pages of documentation. The U.S. mortgage industry is valued at over $12 trillion, while the global insurance market exceeds $6 trillion, and the global banking industry is projected to reach $39 trillion by 2027. A significant portion of operational cost in these sectors comes from manually handling and reviewing documents, which is both time-consuming and error-prone.
VaultEdge solves this by using AI to automate the extraction, classification and analysis of data from complex documents, cutting processing time by up to 80% and reducing operational costs by 30-50%. For example, in mortgage processing, VaultEdge can reduce loan onboarding time from 2-3 weeks to just a few days, enabling lenders to scale their operations without a proportional increase in headcount. This is especially crucial as rising interest rates and regulatory scrutiny put pressure on margins and compliance.
Where Vaultedge headed
VaultEdge is operating at the intersection of massive market size and urgent need for efficiency. The global document automation market is expected to grow from $3.6 billion in 2023 to over $12 billion by 2030, and VaultEdge is uniquely positioned to capture a significant share of this growth by addressing critical inefficiencies in the mortgage, insurance and banking sectors through its AI-powered document automation solutions. The company has demonstrated substantial growth with a notable increase in revenue and a robust gross margin of 76%, reflecting its operational efficiency and market demand. Achieving an EBITDA margin of 15% and maintaining a debt-free status further underscores its financial health and profitability. With a cash flow positive from operations, VaultEdge showcases its ability to generate sustainable cash flow, reinforcing its potential for scalable expansion.
The company's strategic focus on the Indian market has led to the successful launch of a Document AI product tailored for Indian banks and NBFCs, securing key clients such as Avanse Financial and Hero Housing. This positions VaultEdge to capitalize on India's rapidly growing financial sector. Additionally, partnerships with industry leaders like Sutherland and Cognizant in the U.S., and Iron Mountain in India, extend its market reach and credibility. With a growing team of 30 employees and a presence in major financial hubs, VaultEdge is poised to become the next big thing.