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Vercel raised $250M in a Series E round led by Accel

May 16, 2024•about 1 year ago

Amount Raised

$250 Million

Round Type

series e

San FranciscoInformation Technology

Investors

Sv Angel8 VcTiger GlobalGeodesic CapitalBedrockNotable CapitalGvCrvAccel

Description

Vercel, a software startup, has raised $250 million in a Series E funding round. The round was led by Accel with participation from existing investors CRV, GV, Notable Capital, Bedrock, Geodesic Capital, Tiger Global, 8VC and SV Angel.

Company Information

Company

Vercel Inc.

Location

650 CALIFORNIA STREET

San Francisco, California, United States

About

Vercel’s Frontend Cloud provides the developer experience and infrastructure to build, scale, and secure a faster, more personalized Web. Customers like Under Armour, Nintendo, The Washington Post, and Zapier use Vercel to build dynamic user experiences on the Web.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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