Capitalization table
7 share classes, by liquidation seniority| Class | Authorized | Liq. pref | Participation | Issue price | % owned |
|---|---|---|---|---|---|
| Series A | 4,844,651 | ▮ | ▮ | ▮ | ▮ |
| Series A-1 | 6,047,966 | ▮ | ▮ | ▮ | ▮ |
| Series B | 3,736,806 | ▮ | ▮ | ▮ | ▮ |
| Series C | 3,120,975 | ▮ | ▮ | ▮ | ▮ |
| Series D | 2,155,958 | ▮ | ▮ | ▮ | ▮ |
| Series E | 3,412,036 | ▮ | ▮ | ▮ | ▮ |
| + 1 more classes · a free account shows the full cap table | |||||
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Reading Vercel's cap table
Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.
The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.
Frequently asked
- How many share classes does Vercel have?
- Vercel has 7 recorded share classes, listed by liquidation seniority — Series A is the most senior.
- How many shares has Vercel authorized?
- Across its 7 recorded classes, Vercel has authorized 23,318,392+ shares.
- Where does Vercel's cap table come from?
- Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Vercel's 8 recorded funding rounds.