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Vercel Funding Rounds & Valuation History (2021–2025)

Private Valuation & Funding Round Tracker · Vercel

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.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 5 Currency: US$, nominal
Last closed round Closed
$9.3B
$300M Series F, Sep 2025
Raised in rounds listed
$802M
Sum of 4 closed rounds with a disclosed amount (GNF calc.)
Largest round
$300M
Series F, Sep 2025
Closed rounds listed
4
Jun 2021 to Sep 2025

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.

Showing 5 of 5 rows
Vercel funding rounds, Jun 2021 to Sep 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
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
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

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.

  1. 23 Jun 2021 · Closed

    Series C: $102M at $1.1B led by Bedrock Capital.

  2. 23 Nov 2021 · Closed

    Series D: $150M at Over $2.5B led by GGV Capital.

  3. 16 May 2024 · Closed

    Series E: $250M at $3.25B led by Accel.

  4. 30 Sep 2025 · Closed

    Series F: $300M at $9.3B led by Accel, GIC.

  5. 30 Sep 2025 · Tender

    Tender offer: ~$300M.

Still private: Vercel has not filed for an IPO and is not owned by a listed company. CEO Guillermo Rauch has said the company is “ready and getting more ready” for an IPO, with no date set (TechCrunch, Apr 2026).

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)
⬇ Download CSV

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

  1. Vercel: Towards the AI Cloud: Our Series F, 30 Sep 2025
  2. Crunchbase News: Vercel’s Valuation Jumps To $3.25B After $250M Series E, 16 May 2024
  3. Vercel: Announcing $150M to build the end-to-end platform for the modern Web, 23 Nov 2021
  4. TechCrunch: Vercel raises $102M Series C for its front-end development platform, 23 Jun 2021