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.