Replit Raises $400M in Series D Funding at $9 Billion Valuation
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Replit, a San Francisco, CA-based developer of an AI-powered software creation platform, raised $400m in Series D funding at a $9 billion valuation.
The round was led by Georgian, with participation from G Squared, Prysm Capital, Coatue, Andreessen Horowitz (a16z), Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures.
The company intends to use the funds to accelerate product development, deepen its enterprise-grade capabilities, and expand system integrations.
Led by CEO Amjad Masad, Replit advances a “prompt-to-production” development environment that allows users—ranging from students to professional engineers—to generate, deploy, and iterate on applications in a single workspace. The platform features “Replit Agent 4,” an autonomous tool that combines design and coding capabilities to transform high-level concepts into functional, hosted software.
The company currently serves over 50 million users and is utilized by employees at more than 85% of Fortune 500 companies, including enterprise clients such as Zillow, Atlassian, PayPal, and Adobe.
