Frontend cloud platform Vercel, situated in San Francisco, California, earned $250 million in Series E fundraising at a $3.25 billion valuation.
Investor
- Accel
- CRV
- GV
- Notable Capital (formerly GGV Capital)
- Bedrock
- Geodesic Capital
- Tiger Global
- 8VC
- SV Angel
Use of funds
With the money, the company hopes to reach more developers, consumers, and businesses with its enterprise-grade security, AI, and frontend cloud services.
Vercel plans to invest more in developing v0, its Generative UI solution, which reduces the complexity of product creation to just defining concepts through prompts. The business will also make investments in its Vercel AI SDK, which gives teams and developers a thorough framework for creating AI products and apps.
About Vercel
Vercel, led by CEO and Founder Guillermo Rauch, delivers a frontend cloud platform with the infrastructure and developer expertise needed to create, scale, and protect a more customized, quicker online. It makes it possible for clients like Stripe, Wayfair, The Washington Post, and Under Armour to create dynamic online user experiences.
