Replit hits $3B valuation on $150 million annualized revenue | TechCrunch

"Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we'll see if that changes. Its last raise was in 2023 when it raised about $100 million that valued the company at $1.16 billion post-money. Replit has now raised a total of about $478 million, PitchBook estimates."

"Annualized revenue has skyrocketed from $2.8 million to $150 million in less than a year, it said. That compares to $100 million ARR in June, Masad tweeted at the time. Prysm Capital led the round, with participation from Amex Ventures and Google's AI Futures Fund. Previous investors Y Combinator, David Sacks' Craft, Andreessen Horowitz, Coatue, Paul Graham, and others also pitched in."

Replit raised $250 million, valuing the company at $3 billion. The company previously raised about $100 million in 2023 at a $1.16 billion post-money valuation and has raised roughly $478 million in total, according to PitchBook estimates. Replit was founded in 2016 by programmers Amjad Masad and Faris Masad and designer Haya Odeh. Annualized revenue grew from $2.8 million to $150 million in less than a year, up from $100 million ARR in June. Prysm Capital led the new round with participation from Amex Ventures and Google's AI Futures Fund, and prior investors also participated. Replit partners closely with Google Cloud, and Microsoft offers Replit on Azure.

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