Vercel, the company behind v0, Next.js, and the AI Cloud, announced it has closed a $300M meaningfully oversubscribed Series F funding round, at a post-money valuation of $9.3 billion. An approximately $300 million secondary tender offer for certain employees, former employees, and early investors will close in November.

The investment round was co-led by Accel and GIC, joined by new investors including funds and accounts managed by BlackRock, StepStone, Khosla Ventures, Schroders, Adams Street Partners, and General Catalyst. Existing investors GV, Notable Capital, Salesforce Ventures, and Tiger Global also participated in the round.

Vercel's AI Cloud provides the tools and infrastructure to build, scale, and secure intelligent applications. As the most popular DX platform for frontend development and the team behind v0, Next.js, and AI SDK, we help customers like OpenAI, PayPal, Ramp, and Supreme build for the AI-native web - and ship at the speed of ideas.