Render Raises $100 Million at $1.5 Billion Valuation

Render, an intuitive infrastructure to scale any app or agent from your first user to your billionth, led by Anurag Goel, Meagan Gamache, Michael Greer, Eli Staykova, and Shuting Zhang, has raised $100M in an extension of its Series C, valuing the company at $1.5B. Led by Georgian, who also led the Series C, the round includes strong participation from all the major partners, including Addition, Bessemer, General Catalyst, and 01A, and brings the total funding to $258M.

With over 4.5 million developers on Render and more than 250,000 new developers joining every month, the platform has become one of the fastest-growing developer ecosystems globally. The new capital will support customers and expand its product offerings during a period of rapid hypergrowth.

The milestone also marks a broader shift: beyond scaling existing services, the company aims to build a cloud runtime purpose-built for AI applications and autonomous agents.

Software creation has accelerated dramatically: code is abundant, and small teams can build and iterate on features instantly.

Yet infrastructure for deploying and scaling these applications lags. The true bottleneck is no longer development speed but the complexity of deployment, reliability, and scaling, a challenge that is particularly pressing for AI applications and autonomous agents.

Traditional web apps use short-lived, stateless request-response cycles, whereas AI agents are long-running, stateful, and distributed. They demand unbounded execution, complex memory management, persistent storage, and durable workflows.

Hyperscaler setups are complex and costly, and frontend-focused serverless platforms fall short for these needs.

Render is built for this new world, offering native support for long-running processes, private networking, WebSockets, enterprise-grade Postgres and Redis, and infrastructure-as-code, providing a frictionless foundation for AI applications and agents.

This adoption is reflected in thousands of AI companies moving to Render.

A notable example is Base44, a leading AI-coding platform:

"We've been able to deliver AI features much faster with a very lean engineering team, and Render’s flexibility and reliability have scaled to meet our rapidly evolving needs. After using their platform over the last year, I’m convinced Render is the future of the cloud. Their latest round gave me a chance to invest in their trajectory, and the opportunity was too good to pass up."

— Maor Shlomo, Founder of Base44

AI developers today face fragmented infrastructure. Production-grade LLM applications often require stitching together multiple vendors for sandboxes, vector stores, workflows, storage, and observability, just to get a single agent running.

Render is solving this by building a fully integrated platform that lets developers launch applications quickly, confidently, and at scale. Upcoming platform enhancements include:

• Workflows: Durable execution and compute for agent loops and data pipelines.

• Native object storage: Deep integration with global CDN and runtime.

• Managed sandboxes: Secure, policy-driven code execution.

• Shared filesystem: Persistent context for complex agent orchestration.

• AI gateway: Observability, resilience, cost management, and model routing.

• Unified observability: Traces, metrics, and logs across the stack.

…and more features will roll out as the platform evolves based on customer feedback.

AI is transforming software development, enabling companies to build products faster and leaner than ever. Builders, human or machine, need infrastructure that keeps pace, and the next wave of breakthrough ideas will run on a cloud designed for this new generation.