Vercel revenue and valuation
Specter estimates Vercel's annual revenue at $500M to $720M and its valuation at $8.85B to $12B. The company last reported $600M ARR in October 2026 and was priced at $9.3B in September 2025.
- Estimated revenue
- $500M–$720M
- Estimated valuation
- $8.85B–$12B
- Reported ARR
- $600M
- Total funding
- $863M
- Founded
- 2015
- Headquarters
- San Francisco, United States
- Employees
- 1,027
Vercel revenue
Vercel grew from $200M ARR in November 2025 to $600M in October 2026. Specter's model puts current ARR between $500M and $720M, anchored to three reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported ARR |
|---|---|---|---|---|
| $600M | $500M | $720M | $600M | |
| $500M | $420M | $600M | $500M | |
| $470M | $290M | $780M | ||
| $450M | $300M | $650M | ||
| $420M | $300M | $590M | ||
| $400M | $290M | $540M | ||
| $380M | $290M | $500M | ||
| $360M | $270M | $460M | ||
| $340M | $260M | $430M | ||
| $320M | $260M | $390M | ||
| $300M | $250M | $360M | ||
| $200M | $101M | $300M | $200M | |
| $200M | $102M | $310M | ||
| $200M | $102M | $310M | ||
| $200M | $85M | $310M | ||
| $200M | $86M | $320M | ||
| $200M | $135M | $300M | ||
| $195M | $86M | $300M | ||
| $200M | $124M | $320M | ||
| $197M | $95M | $300M | ||
| $194M | $93M | $300M | ||
| $158M | $92M | $220M | ||
| $146M | $82M | $210M | ||
| $135M | $75M | $195M | ||
| $129M | $75M | $183M | ||
| $200M | $116M | $340M | ||
| $148M | $69M | $230M | ||
| $140M | $78M | $200M | ||
| $137M | $79M | $196M |
| Date | Reported ARR | Source |
|---|---|---|
| $600M | ||
| $500M | ||
| $200M |
Vercel valuation
Vercel's valuation rose from $1.1B at its Series C in June 2021 to $9.3B at its Series F in September 2025. Specter's live estimate sits between $8.85B and $12B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $10.3B | $8.85B | $12B | ||
| $9.52B | $7.23B | $12.6B | ||
| $9.51B | $7.32B | $12.3B | ||
| $9.79B | $7.79B | $12.3B | ||
| $9.34B | $7.49B | $11.7B | ||
| $9.44B | $7.69B | $11.6B | ||
| $9.3B | $7.74B | $11.2B | $9.3B (press) | |
| $9.3B | $6.98B | $12.4B | ||
| $9.3B | $7.09B | $12.2B | ||
| $9.3B | $7.2B | $12B | ||
| $9.3B | $7.42B | $11.7B | ||
| $9.3B | $7.56B | $11.4B | ||
| $9.3B | $7.74B | $11.2B | $9.3B (press) | |
| $9.3B | $7.74B | $11.2B | $9.3B (round) | |
| $8.71B | $5.74B | $13.2B | ||
| $8.15B | $5.3B | $12.6B | ||
| $7.64B | $4.95B | $11.8B | ||
| $7.15B | $4.81B | $10.6B | ||
| $6.7B | $4.55B | $9.85B | ||
| $6.27B | $4.32B | $9.1B | ||
| $5.87B | $4.18B | $8.24B | ||
| $5.5B | $4.04B | $7.48B | ||
| $5.15B | $3.96B | $6.69B | ||
| $4.82B | $3.76B | $6.17B | ||
| $4.51B | $3.45B | $5.9B | ||
| $4.23B | $3.26B | $5.48B | ||
| $3.96B | $3.16B | $4.96B | ||
| $3.71B | $3.05B | $4.5B | ||
| $3.47B | $2.89B | $4.16B |
Vercel funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series F | $300M | $9.3B | Accel, GIC | |
| Series E | $250M | $3.25B | Accel | |
| Series D | $150M | $2.5B | Notable Capital, GGV Capital | |
| Series C | $102M | $1.1B | Bedrock | |
| Series B | $40M | Undisclosed | Google Ventures | |
| Series A | $21M | Undisclosed | Accel | |
| Series A | Undisclosed | Undisclosed | Undisclosed |
Vercel competitors
The web deployment market splits between frontend workflows and infrastructure management.
| Company | Revenue | Valuation |
|---|---|---|
| $500M–$720M | $8.85B–$12B | |
| $33M–$119M | $340M–$930M | |
| $21M–$132M | $1.47B–$1.96B | |
| $410M–$620M | $8.31B–$11.8B | |
| $83M–$120M | $820M–$1.94B |
Vercel revenue and valuation FAQ
What is Vercel's revenue?
Specter estimates Vercel's annual recurring revenue at $500M to $720M as of October 2026. Vercel last reported $600M ARR in October 2026, up from $200M in November 2025.
What is Vercel's valuation?
Vercel's latest post-money valuation is $9.3B, from a September 2025 Series F. Specter's live estimate is $8.85B to $12B.
How much funding has Vercel raised?
$863M across seven rounds, from a Series A in January 2018 to a $300M Series F in September 2025.
Who invested in Vercel?
30 investors, including Accel, Bedrock, GGV Capital, GIC, Google Ventures and Notable Capital.
Who are Vercel's competitors?
Netlify, Render, Replit and Railway. Specter ranks 30 competitors for Vercel.