Replit snags $9B valuation 6 months after hitting $3B

Vibe-coding sensation Replit has hit one other funding milestone. The corporate introduced Wednesday that it raised a $400 million Collection D at a $9 billion valuation, led by earlier investor Georgian Companions. Different taking part traders embody G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures.

Founder and CEO Amjad Masad additionally stated in a submit on X that backers embody angel traders Shaquille O’Neal and Jared Leto.

This follows the $3 billion valuation the startup hit in September, when it raised a $250 million spherical. At the moment, Replit stated it was on observe for $150 million in annualized income. Replit didn’t launch up to date, present ARR figures, however the firm advised Forbes it hopes to hit annual recurring income of $1 billion by the top of the 12 months.

Whereas Replit’s latest rise has been meteoric, Masad beforehand advised TechCrunch that it took 9 years of grinding — and a controversial choice to pivot from serving skilled builders in the direction of non-programs — to seek out its groove.