Vercel’s AI Breakthrough: $300M Raise Propels Developer Platform to $9.3B Valuation
In late September 2025 Vercel announced a blockbuster Series F funding round that catapults the startup to a $9.3 billion valuation reuters.com bloomberg.com. The $300 million infusion was oversubscribed and co-led by VC firm Accel and Singapore’s GIC reuters.com bloomberg.com. Joining the round were heavyweight asset managers and funds — BlackRock, StepStone, Khosla Ventures, Schroders, Adams Street Partners and General Catalyst — alongside earlier backers bloomberg.com gic.com.sg. Vercel also launched a roughly $300 million secondary tender for employees and early investors, which is slated to close in November reuters.com gic.com.sg. Vercel’s CEO Guillermo Rauch noted that the funding comes at “the biggest year in Vercel’s history” vercel.com. In a press release he said the fresh capital “accelerates our ability to provide the secure, scalable foundation enterprises need as AI agents become integral to their workflows” businesswire.com. In other words, investors have effectively crowned Vercel as a leader in so-called “AI-native” development platforms. The round underscores how quickly Vercel’s fortunes have risen: just 16 months earlier, a Series E had valued Vercel at $3.25 billion reuters.com. In less than two years Vercel’s valuation nearly tripled, reflecting surging demand for its tools.