Vercel has 3 close competitors: Modal Labs, Render, Vultr.
Sector, valuation and status for each competitor.
A private valuation and a public market cap share one column; each row names its basis and date.
Vercel
Modal Labs
VultrProvider of developer tools, frameworks and cloud infrastructure for building and running websites. Maker of the Next.js framework, the v0 AI web-development tool and the AI SDK. Founded as ZEIT and rebranded to Vercel in April 2020.
Vercel competes with 3 companies here: Modal Labs, Render, Vultr.
Vercel was last valued at $9.3B (post-money, Sep 2025). That price was agreed in one transaction and holds until the next round. A listed competitor is repriced every trading session.
Lead investors for each round are in the funding timeline.
The closest cloud infrastructure / developer tools peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. Vercel is a private company; its shares do not trade on a public exchange.
The last valuation is $9.3B.