Vercel
Vercel, formerly ZEIT, is a San Francisco cloud platform and the maintainer of Next.js. It raised a USD 300 million Series F at a USD 9.3 billion valuation in September 2025.
Industry: Cloud platform for web and AI applications | Location: San Francisco, United States | Founded: 2015 | Total Funding: USD 863M
About Vercel
Vercel is a cloud platform company headquartered in San Francisco that provides infrastructure for building and deploying web applications and AI agents. It describes itself as agentic infrastructure for every app and agent. It also develops the open-source Next.js web framework, the AI SDK and v0, a tool that generates web applications from text descriptions.
Guillermo Rauch founded the company as ZEIT, which became Vercel on 21 April 2020. Its first product, now, let solo developers deploy apps with a single command. Rauch remains chief executive. Vercel announced Jeanne DeWitt Grosser, formerly of Stripe, as chief operating officer in March 2025, Keith Messick from Redis as its first chief marketing officer in June 2025, Talha Tariq as chief technology officer of security in October 2025 and Nick Bogaty from Adobe as chief revenue officer in January 2026.
Crunchbase News reported in May 2024 that Vercel had passed USD 100 million in annualised revenue and 1 million monthly active developers, with Under Armour, Unity and Nintendo among its customers. In its Series F post Vercel said the AI SDK offered more than 60 models and had over 3 million weekly downloads,.
Vercel has bought Turborepo (2021), Splitbee (2022), Grep (2024), Tremor and NuxtLabs (2025) and Better Auth (July 2026). TechScoop reported on 28 July 2026 that Vercel acquired Stakpak, an Egyptian infrastructure automation startup founded in 2023, on undisclosed terms.
Vercel raised a USD 21 million Series A led by Accel and CRV in April 2020, USD 40 million led by GV in December 2020 and USD 102 million led by Bedrock in June 2021. A USD 150 million Series D led by GGV followed in November 2021 at a valuation above USD 2.5 billion, with total funding then at USD 313 million. Crunchbase News reported a USD 250 million Series E led by Accel in May 2024 at USD 3.25 billion. On 30 September 2025 Vercel announced a USD 300 million Series F at USD 9.3 billion, co-led by Accel and GIC, with a USD 300 million tender offer for early shareholders.
Leadership
- Guillermo Rauch, Founder and Chief Executive Officer
- Jeanne DeWitt Grosser, Chief Operating Officer
- Nick Bogaty, Chief Revenue Officer
- Keith Messick, Chief Marketing Officer
- Talha Tariq, Chief Technology Officer, Security