Vercel earnings call & news

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Vercel

Industry

Data Processing & Outsourced Services

Funding

Series E

Team size

510

Revenue

$50M-$100M

Earnings call & news details

The recent earnings call provided deep insights into Vercel’s financial performance and strategic direction. Q3 2023 revenue was reported at $45.6 million, marking an 18% increase year-over-year, with a focus on maintaining growth despite net losses.

- Key earnings call highlights:
  - Emphasis on expanding product lines and addressing operational challenges.
  - Discussion of strategic priorities to mitigate financial losses.
  - Clear focus on leveraging funding for further market expansion.

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Buying signals & triggers

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Hiring trends

Vercel is actively expanding its workforce, with a strong focus on technology, customer success, and sales roles. The company has numerous open positions across GTM and engineering teams, reflecting robust growth ambitions.

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Investors & funding

Vercel has raised a total of $563 million across 5 rounds, including a recent Series E round that brought in $250 million from top-tier investors. These funds support expansive product development and market outreach.

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Key decision makers

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