Replit Secures $400 Million In Series D Funding Led By Georgian Partners At $9 Billion Valuation

Replit raised $400 million in Series D funding at a $9 billion valuation. The funding round was led by Georgian Partners and included participation from G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures, along with angel investors Shaquille O’Neal and Jared Leto.

Summary of transaction details:

• Deal Type: Series D
• Transaction Amount: $400,000,000
• Valuation: $9,000,000,000
• Headquarters: Foster City, California
• Founder: Amjad Masad
• Notable Investors: Georgian Partners, G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, Databricks Ventures, Shaquille O’Neal, Jared Leto

Replit has experienced significant growth, reportedly on track for $150 million in annual recurring revenue, with goals to reach $1 billion. The company’s focus is on AI-powered development tools that appeal to both developers and non-programmers.