Vercel CEO says the company is ready for an IPO as revenue grows

In short: Vercel’s CEO says the company is ready for an IPO, as demand rises for hosting apps created by AI agents.

What happened

Vercel CEO Guillermo Rauch said the company is “ready and getting more ready for every day” for an IPO. An IPO is when a company starts selling its shares to the public on a stock market.

Rauch spoke at the HumanX conference in San Francisco. He suggested Vercel already operates with the discipline expected of a public company, even if it has not picked a specific date to list.

Vercel runs a platform that helps people put websites and apps online. Think of it like renting shelf space and a checkout counter for a store, but for software that needs a place to run on the internet.

The company’s growth is tied to more people making software with help from AI. Rauch said “everybody in the world can create an app” now, including people who are not traditional software developers.

Financially, Vercel’s annual recurring revenue, meaning the predictable revenue it expects to repeat each year from subscriptions and contracts, rose sharply. Reports cited by TechCrunch say it grew from $100 million in early 2024 to a $340 million run rate by the end of February 2026.

Rauch also said AI agents are already a meaningful source of activity on Vercel. AI agents are programs that can complete tasks on their own, like a digital assistant that can build and publish an app. He said about 30% of apps running on Vercel come from agents.

Why it matters

A Vercel IPO would be a sign that investors are again willing to back software companies in public markets. It also shows how AI tools are changing who can create apps, and which companies benefit when more software gets made and needs a place to run.

Source: TechCrunch AI