Vengeance was originally established as a pay-per-view (PPV) event for WWE in 2001 and it was held annually until 2007, followed by a one-off event in 2011. The event was held at the Spectrum Center in Charlotte, North Carolina. The event also saw the return of Dabba-Kato, formerly known as Commander Azeez. In other prominent matches, Gallus ( Mark Coffey and Wolfgang) defeated defending champions The New Day ( Kofi Kingston and Xavier Woods), Pretty Deadly ( Elton Prince and Kit Wilson), and Chase University ( Andre Chase and Duke Hudson) in a fatal four-way tag team match to win the NXT Tag Team Championship, and Roxanne Perez defeated Gigi Dolin and Jacy Jayne in a triple threat match to retain the NXT Women's Championship. In the main event, Bron Breakker defeated Grayson Waller in a Steel Cage match to retain the NXT Championship. This also marked the first standalone NXT livestreaming event to be held outside of Florida since NXT TakeOver: Portland in February 2020, and the second NXT event overall held outside of Florida since then, after the WrestleMania 38 week event, NXT Stand & Deliver in April 2022. It was also the first Vengeance, as well as NXT's first major event, to be livestreamed on Binge in Australia. Unlike the previous year's event, which was held as a television special, the 2023 event was held as a livestreaming event, marking the first Vengeance Day to air on Peacock. It took place on Saturday, February 4, 2023, at the Spectrum Center in Charlotte, North Carolina, marking the first major NXT event to be held in North Carolina and the second Vengeance event held at this venue after the 2006 event, when it was formerly known as Charlotte Bobcats Arena the arena changed its name to Spectrum Center in 2016.

The 2023 NXT Vengeance Day was the 11th Vengeance professional wrestling event produced by WWE, and the third annual held for the promotion's NXT brand division. Promotional poster featuring Grayson Waller, Bron Breakker, Jacy Jayne, Roxanne Perez, and Gigi Dolin

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