Vercel
San Francisco cloud company behind Next.js, providing hosting and now agentic/AI developer infrastructure.
- Cloud infrastructure / developer tools
- active
- Founded 2015
- Researched Sep 2026
The story
Vercel was founded by Guillermo Rauch in 2015 as ZEIT, a serverless deployment company, and rebranded to Vercel in April 2020 alongside its rise as maker of the Next.js framework. It grew through multiple funding rounds and acquisitions (Turborepo, Splitbee, Tremor, NuxtLabs, Better Auth) into a frontend/AI cloud platform valued at $9.3 billion after its 2025 Series F. It remains active, led by Rauch as CEO, though in 2025-2026 it faced a customer boycott tied to a CEO controversy and a disclosed security breach.
Timeline
Founded as ZEIT
Guillermo Rauch founds serverless deployment startup ZEIT
ZEIT renamed Vercel
Company rebranded from ZEIT to Vercel, kept triangular logo
$102M Series C
Raised $102 million Series C funding round
Acquired Turborepo
Acquired build-system startup Turborepo
Acquired Splitbee
Acquired analytics firm Splitbee alongside Next.js 13 launch
Launched v0 AI tool
Released v0, an AI tool that builds web apps from prompts
$250M Series E
Raised $250 million at a $3.25 billion valuation
Acquired Tremor
Acquired open-source React components maker Tremor
Acquired NuxtLabs
Nuxt framework's commercial arm joined Vercel
$300M Series F
Raised $300 million co-led by Accel and GIC, $9.3B valuation
CEO controversy sparks boycott
CEO's photo with Netanyahu triggered a customer boycott of Vercel
Hashimoto joins board
HashiCorp co-founder Mitchell Hashimoto appointed to board
Security breach disclosed
Internal systems accessed after a third-party AI tool compromise
Founders
9 sourcesEvery fact above links back to these.
- Vercel - Wikipediaen.wikipedia.org
- Vercel homepage (Organization JSON-LD)vercel.com
- v0 by Vercel - App Store listingapps.apple.com
- RDAP registration record for vercel.com
- AI coding startup Vercel raises $300 million, valued at $9.3 billionreuters.com
- Vercel completes $250 mln Series E round at $3.25 bln valuationreuters.com
- Vercel acquires Tremorvercel.com
- Cloud development platform Vercel was hackedtheverge.com
- Vercel Appoints Mitchell Hashimoto to Board of Directorsmorningstar.com