7 Vercel Statistics (2025):
Revenue, Valuation, Investors, Funding

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Written by the TapTwice Digital Team

7 Vercel Statistics (2025): Revenue, Valuation, Investors, Funding, Market Share - blog post image

Vercel is a leading cloud platform for frontend developers, best known for creating Next.js, one of the most popular React frameworks.


Founded in 2015, Vercel has transformed how developers build, deploy, and scale modern web applications.


Today, Vercel powers over 4 million websites, including those of major companies like Walmart, Apple, Nike, and Netflix.


So, how significant is Vercel in the rapidly growing professional web development and PaaS market?


Here's a summary of what you'll find out on this page:

Key Vercel Stats

  • Vercel generated $100 million in annual revenue in 2024.
  • Vercel is valued at $3.25 billion following its Series E funding round.
  • Vercel has raised a total of $563 million in funding to date.
  • Vercel powers more than 4 million websites worldwide.
  • Vercel processes 30 billion requests weekly across its platform.
  • Vercel has approximately 681 employees as of 2025.

Vercel Revenue

Vercel generated $100 million in annual revenue in 2024. This is an impressive 20x growth from just $5 million in 2020.

Vercel annual revenue - chart (2019-2024)

Vercel generates revenue through its tiered subscription model, offering free plans for individual developers and paid options for teams and enterprises.


Here's a breakdown of Vercel's revenue growth since 2019:

YearVercel Revenue
2019 $1 million
2020 $5 million
2023 $50 million
2024 $100 million

Vercel Market Share

Vercel holds a 0.047% share of the global Platform as a Service (PaaS) market, which is projected to reach $214.87 billion in 2025.

Vercel has a 0.047% market share in the PaaS market - chart

In comparison to direct competitors in the serverless deployment space, Vercel leads with $100 million in revenue, ahead of Netlify at $75 million (0.035% market share).

CompanyAnnual RevenuePaaS Market Share
Vercel $100 million 0.047%
Netlify $75 million 0.035%

Other competitors in Vercel's space include AWS Amplify, Cloudflare Pages, Render, Heroku, and broader cloud platforms like AWS, Google Cloud, and Microsoft Azure.

Source:

Statista

Vercel Valuation

Vercel has a valuation of $3.25 billion as of May 2024, following its Series E funding round of $250 million.

Vercel is valued at $3.25 billion.

The company's valuation has massively increased since reaching unicorn status in 2021, with its valuation nearly tripling in just three years.


Here's a table showing Vercel's valuation progression through its funding rounds:

DateFunding RoundValuation
June 2021 Series C $1.1 billion
November 2021 Series D $2.5 billion
May 2024 Series E $3.25 billion

Vercel Funding

Vercel has raised a total of $563 million in funding across five rounds, with its most recent Series E round securing $250 million in May 2024.

Vercel has raised $563 million in funding across five rounds.

Here's a table showing Vercel's funding rounds since 2020:

DateRoundAmount RaisedLead Investor(s)Valuation
April 2020 Series A $21M Accel, CRV Not disclosed
Dec 2020 Series B $40M GV (Google Ventures) Not disclosed
June 2021 Series C $102M Bedrock Capital $1.1B
Nov 2021 Series D $150M GGV Capital $2.5B
May 2024 Series E $250M Accel $3.25B

Vercel Investors

Vercel has attracted a wide range of investors, including venture capital firms, strategic tech investors, and notable industry figures.


Some of the most notable Vercel investors include: GV (Google Ventures), Salesforce Ventures, Jordan Walke (React creator), and Nat Friedman (former GitHub CEO).

Vercel investors include GV (Google Ventures), Salesforce Ventures, Jordan Walke (React creator), and Nat Friedman (former GitHub CEO).

Here's a table showing Vercel's investor categories and notable investors:

Investor CategoryNotable InvestorsStrategic Value
Lead Venture Capital Accel, CRV, GV (Google Ventures), Bedrock Capital, GGV Capital (Notable) Long-term vision and early support
Growth Investors Tiger Global, Greenoaks Capital, Geodesic Capital, 8VC Scaling expertise and global reach
Strategic Tech Backers Salesforce Ventures, SV Angel, Flex Capital, Latacora Industry connections and platform insights
Key Angel Investors Jordan Walke (React creator), Nat Friedman (former GitHub CEO) Technical expertise and developer ecosystem alignment

Vercel Growth

Vercel has experienced remarkable growth in adoption and usage since its founding, particularly through its Next.js framework.

Companies that use Vercel include Walmart, Apple, Nike, Netflix, TikTok, Uber, Lyft, and Starbucks.

Here's a list of interesting Vercel growth statistics:

  • From April 2020 to May 2023, websites powered by Next.js grew from 35,000 to over 4 million.
  • Vercel's technology is downloaded 200 million times per week.
  • The platform processes 30 billion requests weekly.
  • Vercel's security product mitigates nearly 1 billion security threats weekly.
  • Major companies that use Vercel include Walmart, Apple, Nike, Netflix, TikTok, Uber, Lyft, and Starbucks.
  • More than 1 million developers use Next.js.

Vercel Employees

Vercel has 681 employees worldwide as of April 2025.

Vercel has 681 employees worldwide.

The company has been rapidly expanding its workforce to support its growing customer base and product development initiatives.

Source:

LeadIQ

Conclusion

Vercel has established itself as a key player in the web development and PaaS market through its Next.js framework and deployment platform.


With strong revenue growth, substantial funding, and adoption by major enterprises, Vercel is well-positioned to continue shaping how modern web applications are built and deployed.


As AI and performance demands evolve, Vercel is in a good position to continue gaining market share.

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