Vercel
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.0m | 5.0m | 24.0m | 63.6m | 72.5m |
% growth | - | 400 % | 380 % | 165 % | 14 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $21.0m | Series A | |
$40.0m | Series B | ||
$102m Valuation: $1.1b 220.0x EV/LTM Revenues | Series C | ||
* | $150m Valuation: $2.5b 500.0x EV/LTM Revenues | Series D | |
* | $250m Valuation: $3.3b | Series E | |
Total Funding | €512m |
Recent News about Vercel
EditVercel is a dynamic startup that operates in the tech industry, specifically focusing on web development and infrastructure. The company provides a platform designed to help developers and businesses build, deploy, and manage modern web applications efficiently. Vercel's services are trusted by a wide range of clients, including 1.5 million developers and 10,000 enterprise and hyper-growth companies. These clients rely on Vercel as a crucial part of their technology stack.
Vercel operates in the web development and cloud infrastructure market. It offers a suite of tools and services that enable developers to optimize their image and video workflows using advanced AI features. These features include generative AI, large language models (LLM), and content-aware AI, which help in tasks like smart cropping, contextual transformations, and object detection. Additionally, Vercel provides full lifecycle management for media, including auto-tagging, access control, and role-based administration.
The company's business model revolves around providing a managed, global rendering layer for modern web applications. This means that Vercel handles the complexities of serverless architecture, allowing content to be delivered globally without the need for additional infrastructure. Vercel ensures maximum uptime and security with features like automatic HTTPS and SSL encryption, industry-leading DDoS mitigation, and firewall protection.
Vercel makes money through a subscription-based model, where clients pay for access to its platform and services. This includes various pricing tiers based on the scale and specific needs of the client, from individual developers to large enterprises.
In summary, Vercel is a key player in the web development and cloud infrastructure market, offering advanced AI-powered tools and a managed global rendering layer to optimize and secure modern web applications.
Keywords: web development, cloud infrastructure, AI-powered, serverless architecture, media management, global rendering, security, uptime, subscription-based, enterprise clients.