Replit snags $9B valuation 6 months after hitting $3B

Replit snags $9B valuation 6 months after hitting $3B

In Brief

Posted:

Replit founder CEO Amjad Masad
Image Credits:Replit
  • Julie Bort

Vibe-coding sensation Replit has hit another funding milestone. The company announced Wednesday that it raised a $400 million Series D at a $9 billion valuation, led by previous investor Georgian Partners. Other participating investors include G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures.

Founder and CEO Amjad Masad also said in a post on X that backers include angel investors Shaquille O’Neal and Jared Leto.

This follows the $3 billion valuation the startup hit in September, when it raised a $250 million round. At that time, Replit said it was on track for $150 million in annualized revenue. Replit did not release updated, current ARR figures, but the company told Forbes it hopes to hit annual recurring revenue of $1 billion by the end of the year.

While Replit’s recent rise has been meteoric, Masad previously told TechCrunch that it took nine years of grinding — and a controversial decision to pivot from serving professional developers towards non-programs — to find its groove.

Newsletters

Subscribe for the industry’s biggest tech news

Related

Latest in Startups

Προωθημένο
Προωθημένο
Upgrade to Pro
διάλεξε το πλάνο που σου ταιριάζει
Προωθημένο
Προωθημένο
Διαφημίσεις
Διαβάζω περισσότερα
Download the Telestraw App!
Download on the App Store Get it on Google Play
×