Vercel funding rounds & valuation history
Vercel, the San Francisco cloud platform behind the Next.js framework. Funding from the Series C (Jun 2021) to the Series F (Sep 2025), sourced to Vercel, Crunchbase News and TechCrunch.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Tender |
Tender offerAnnounced alongside the Series F; a sale of existing shares, no new money for Vercel. |
~$300M |
—Not disclosed |
Not statedPrice not stated separately |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Series F |
$300M |
Accel, GIC |
$9.3BValuation stated by Vercel2.86× vs prior closed |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series E |
$250M |
AccelWith: CRV, GV, Notable Capital, Bedrock, Geodesic, Tiger Global, 8VC, SV Angel |
$3.25BReported by Crunchbase News |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series D |
$150M |
GGV CapitalWith: Accel, Bedrock, CRV, Geodesic, Greenoaks, GV, Tiger Global and others |
Over $2.5BLower bound stated by Vercel (“over $2.5 billion”) |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series CTotal raised $163M at that point (TechCrunch). |
$102M |
Bedrock Capital |
$1.1BReported by TechCrunch (“current valuation”) |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Vercel, Crunchbase News, TechCrunch. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 23 Jun 2021 · Closed
Series C: $102M at $1.1B led by Bedrock Capital.
- 23 Nov 2021 · Closed
Series D: $150M at Over $2.5B led by GGV Capital.
- 16 May 2024 · Closed
Series E: $250M at $3.25B led by Accel.
- 30 Sep 2025 · Closed
Series F: $300M at $9.3B led by Accel, GIC.
- 30 Sep 2025 · Tender
Tender offer: ~$300M.
Cite this dataset
Free to quote with a link back. Copy this citation:
Vercel Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/vercel/
Download the data
The same 5 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
vercel-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/vercel-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Tender
A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed and Series A/B (2016–2020), which were not verified from an authority source in this pass; acquisitions made by Vercel.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 3, not yet published).
Sources
- Vercel: Towards the AI Cloud: Our Series F, 30 Sep 2025
- Crunchbase News: Vercel’s Valuation Jumps To $3.25B After $250M Series E, 16 May 2024
- Vercel: Announcing $150M to build the end-to-end platform for the modern Web, 23 Nov 2021
- TechCrunch: Vercel raises $102M Series C for its front-end development platform, 23 Jun 2021