Participated · Series D · Nov 2021

Vercel is the company behind v0, Next.js, and the AI Cloud, delivering secure, scalable infrastructure for building AI-native applications. Its platform serves a spectrum of customers from solo developers to global enterprises such as Anthropic, OpenAI, Square, PayPal, Supreme, Nike, AT&T, Hulu, Target, and Walmart. Over the past year the company has doubled its user base and recorded 82% year-over-year top-line growth. v0, Vercel’s AI development agent, has attracted more than 3.5 million unique users, with Teams and Enterprise accounts now contributing over 50% of v0 revenue, while the AI SDK logs 3 million weekly downloads. The firm is extending its offering with v0 Mobile—now in public beta and waitlisted by 10,000 users—enabling application creation via voice and camera input. Future investments will focus on scaling the AI Gateway, AI Sandbox, and AI SDK to deepen enterprise adoption. To support this growth, Vercel has added senior executives from Stripe, Redis, Capital One, HashiCorp, and IBM.