San Francisco: Replit has closed a $400 million Series D round at a $9 billion valuation, tripling its worth in just six months. The round was led by Toronto-based growth investor Georgian, with participation from Andreessen Horowitz, Coatue, Y Combinator, Craft Ventures, G Squared, Prysm Capital, and Qatar’s sovereign wealth fund QIA.
Strategic investors include Accenture Ventures, Databricks Ventures, and Okta Ventures. Celebrity backers Shaquille O’Neal and Jared Leto also joined the round. Replit raised $250 million at a $3 billion valuation as recently as September 2025.
Founded in 2016 by Amjad Masad, Haya Odeh, and Faris Masad, Replit has built a browser-based platform that lets anyone build, deploy, and scale software using plain language. No coding experience is required. Users describe what they want and the platform’s AI agent generates working code, handles deployment, and connects backend infrastructure.
The platform now serves 40 million users worldwide and is active inside 85% of Fortune 500 companies. Zillow holds roughly 600 Replit seats, with employees having built more than 7,000 internal apps over the past year. Talkdesk built a headcount capacity app in two days, a process that previously took two weeks.
The raise coincides with the launch of Agent 4, Replit’s most capable AI engine to date. It runs multiple design and coding tasks in parallel, generates interface variations from a single prompt, and can turn hand-drawn sketches into working visual assets including three-dimensional animations.
A built-in cybersecurity scanner checks applications for vulnerabilities before deployment. The update moves Replit firmly beyond coding assistance into full product creation, users can go from concept to a live mobile app on Apple’s App Store in days.
Replit is targeting $1 billion in annual recurring revenue by end of 2026, up from $240 million in 2025. The new capital will fund international expansion into Europe, Asia, and the Middle East, with headcount expected to grow from 350 to approximately 900 employees.
The raise arrives as the AI coding tools market heats up rapidly. Cursor’s creator Anysphere raised $2.3 billion at a $29.3 billion valuation late last year, while Anthropic’s Claude Code hit $2.5 billion in annualised revenue after the launch of Claude Opus 4.6 in February 2026.
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