Replit snags $9B valuation 6 months after hitting $3B
Replit snags $9B valuation 6 months after hitting $3B
In Brief
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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.
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