Overview
Replit Inc., an AI platform startup that helps users create websites and mobile apps, has secured $400 million in funding. The investment was led by a consortium including Databricks Ventures, Okta Ventures, Shaquille O’Neal, and Y Combinator. This funding round values Replit at $9 billion.
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Investors: Databricks Ventures, Okta Ventures, Shaquille O’Neal, Y Combinator
Replit Inc., an AI platform startup that helps users create websites and mobile apps, has secured $400 million in funding. The investment was led by a consortium including Databricks Ventures, Okta Ventures, Shaquille O’Neal, and Y Combinator. This funding round values Replit at $9 billion.
Investors: Georgian
Replit, based in San Francisco, is raising $400 million, increasing its valuation from $3 billion to $9 billion. The funding, led by Toronto-based Georgian, aims to enhance its coding tools that democratize software creation using AI. With over 150,000 paying customers and $240 million in revenue in 2025, Replit is positioned to reach $1 billion in 2026, focusing on making app development accessible and efficient.