Render raises $100M at a $1.5B valuation

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Company
February 17, 2026

Render raises $100M at $1.5B valuation

Anurag Goel

I'm thrilled to announce that Render has raised $100M in an extension of our Series C, valuing the company at $1.5B, as reported this morning by CNBC.

Led by Georgian, who also led our Series C, the round includes strong participation from all our major partners, including Addition, Bessemer, General Catalyst, and 01A, and brings our total funding to $258M.

With 4.5 million+ developers now on Render and more than 250,000 new developers joining every month, Render has evolved into one of the fastest-growing developer platforms in the world, and this capital will help us support our customers and expand Render’s offerings during a period of unprecedented hypergrowth.

But this milestone isn’t just about scaling what exists; it’s about fueling the next frontier: building the cloud runtime for AI applications and agents.

Why this matters

Software creation has fundamentally changed in the last few months. Code is abundant, and lean teams can conceive, build, and iterate on features instantly.

But while writing code has leaped into the future, the infrastructure for shipping and scaling it remains anchored in the past. The bottleneck is no longer human imagination or typing speed; it is the labyrinth of deployment, scaling, and reliability.

This problem is especially acute for AI applications and agents.

The natural home for AI builders

Traditional web apps rely on short-lived, stateless request-response cycles. AI agents are the opposite: they are long-running, stateful, and distributed. They require unbounded execution times, complex memory management, persistent file systems, and durable workflows.

Building these systems on hyperscalers is complex and expensive, while frontend-focused serverless platforms are too limiting for this new execution model.

Render’s architecture is built for this new world. With native support for long-running processes, private networking, WebSockets, enterprise-grade Postgres and Redis, and infrastructure-as-code, Render already provides a frictionless foundation for AI.

This is why thousands of AI companies have already migrated to Render. A prime example is Base44, one of the world’s most popular AI-coding platforms. Here's what they have to say:

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

A consolidated AI runtime

Base44 and others face complex infrastructure sprawl. Today, engineers building production-grade LLM applications are forced to stitch together a fragmented mess of vendors for sandboxes, vector stores, workflows, storage, and observability, just to get a single agent running.

Render is ending this fragmentation.

We are building a fully integrated platform that enables every AI developer to bring their applications to market quickly, confidently, and at scale. In the coming months, we will augment our platform with application-level capabilities purpose-built for this new era:

  • Workflows: A durable execution and compute layer to orchestrate everything from agent-based loops to data pipelines, setting the standard for asynchronous computing.
  • Native object storage: Deeply integrated with our global CDN and runtime.
  • Managed sandboxes: Secure, policy-driven code execution for development and production.
  • 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 entire stack.

…and much more as we continue to learn from our customers.

Build the future with us

AI has already revolutionized the software development lifecycle, and companies are leveraging it to build products faster and leaner than ever before. Builders, whether human or machine, will need infrastructure that matches their cadence, and the next million big ideas will be launched on a cloud that's purpose-built for this generation.

This is what we’re building at Render.

The future is arriving sooner than anyone expects. If you want to help us invent the cloud for the builders who will power the world, take a look at our many open roles at render.com/careers.