Replit raised $250 million in the round, and the company is valued at $3 billion. Unlike other fast-growing Vibe encoders, Replit is not running toward VC every few months, although we’ll see if it changes. Its last pay raise was about $100 million in 2023 Currency valued at $1.16 billion. PitchBook estimates Replit has raised a total of about $478 million now.
The company was founded in 2016 by programmer Amjad Masad (pictured), Faris Masad and designer Haya Odeh. It said annual revenue soared from $2.8 million to $150 million in less than a year. By comparison, in June, Masad Tweets then.
Prysm Capital leads the round and participates from Amex Ventures and Google’s AI Futures Fund. Previous investors Y portfolio, handicrafts by David Sacks, Andreessen Horowitz, Coatue, Paul Graham and others were also involved.
Google’s involvement is not surprising. Replit has become a close partner of Google Cloud; Vibe-coded applications built with it are often hosted on Google. However, Replit has become a popular tool that Microsoft started Offer as an Azure option Also in July.
