The Late Stage 50 · 2026 edition · #32 of 50
Vercel
Vercel provides cloud infrastructure for building and deploying apps and AI agents, and is the team behind Next.js and the AI SDK.
The figure
- Revenue
- crossed $500 million in annualized run-rate revenue
- In US dollars
- US$500m+
- Standing
- stated
- Published
- 6 Aug 2026
- Evidence
- Prior year
- run rate of US$340 million
- Growth
- —
Context
- Founded
- 2015
- Headquarters
- San Francisco, United States
- Sector
- Software
- IA40 2026
- Enabler · #11
- Website
- vercel.com
- Valuation
- US$9.3bn
- Status
- Private as of 17 October 2026
Market context
- Forge Price
- $224.99 per share
- Forge valuation
- $10.42B
- Last round · Forge
- Series F (09/30/2025): $200.85 per share, $9.3B post-money valuation, $300M raised
- Clarity Price
- $239.64 per share
- Last round · Clarity
- Series F (September 2025): $9.3B post-money, $200.85 per share, $300M raised
Secondary-market indications are published by Forge Global and Clarity (formerly Hiive) on the dates shown; ratings and margins marked “estimate” are a third party's estimates as reported by the named outlet. None is an offer, and none is part of the ranking.
Investing Platform
Late-stage access for wholesale investors.
Investing Platform presents late-stage private companies to wholesale investors. This profile is a factual reference and not an offer.
See late stage on Investing PlatformReferences
Every figure on this page, by source.
- 1Business Wire · 6 Aug 2026finance.yahoo.com/technology/ai/articles/vercel-appoints-amit-agarwal-standard-150000230.h…
- 2TechCrunch · 13 Apr 2026techcrunch.com/2026/04/13/vercel-ceo-guillermo-rauch-signals-ipo-readiness-as-ai-agents-fu…
- 3vercel.comwww.morningstar.com/news/business-wire/20260806738617/vercel-appoints-amit-agarwal-standar…
- 4IA40 · 19 Oct 2026www.ia40.com/the-list/
- 5Vercelvercel.com/blog/series-f
- 6Forge Global · 17 Oct 2026forgeglobal.com/vercel_stock/
- 7Clarity (formerly Hiive)www.clarity.com/browse-companies/vercel-stock
Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.