This Replit company profile covers the company's valuation, revenue, funding rounds, investors and history. Replit works in developer tools, with a focus on AI app building and cloud development. It was founded in 2016 and is headquartered in Foster City, California, United States. Its latest valuation on record is US$9 billion (March 2026). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.
Revenue
| Metric | Value | As of | Source |
|---|---|---|---|
| Users and customers | More than 50 million users and 150,000 paying customers; users at 85% of Fortune 500 companies (company claims) | March 2026 | Unite.AI |
Funding history
| Date | Round | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Mar 2026 | Series D | US$400M | US$9B | Georgian (lead); G Squared, Prysm Capital, 1789 Capital, Y Combinator, Coatue, Andreessen Horowitz, Craft Ventures, Qatar Investment Authority and strategic investors | Pulse 2.0 |
| Sep 2025 | Equity round | See source | About US$3B | See source | Pulse 2.0 |
Replit timeline
Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.
- 2016 — Replit is founded in Foster City by Amjad Masad (CEO), Faris Masad and Haya Odeh.
- Sep 2025 — Equity round: See source, valuing the company at About US$3B.
- Mar 2026 — Series D: US$400M, valuing the company at US$9B. Investors: Georgian (lead); G Squared, Prysm Capital, 1789 Capital, Y Combinator, Coatue, Andreessen Horowitz, Craft Ventures, Qatar Investment Authority and strategic investors.
- March 2026 — Users and customers: More than 50 million users and 150,000 paying customers; users at 85% of Fortune 500 companies (company claims).
Investors
Overview
Replit is a platform for building software in a web browser, now centred on AI. With Replit Agent, a user describes the app they want, and the agent plans it, writes the code, sets up databases and authentication, tests it and deploys it to the internet, all within Replit. Experienced developers use the same environment to write code by hand with AI assistance. Replit says it has more than 50 million users.
Amjad Masad, the CEO, founded Replit in 2016 with his brother Faris Masad and his wife Haya Odeh. Masad grew up in Jordan and had worked at Facebook and Codecademy. Replit began as an online coding tool popular with students and teachers, then evolved into a full cloud development platform before its AI agent turned it into one of the leaders of the "vibe coding" wave. It is based in Foster City, California.
From education tool to AI app builder
For years Replit's core audience was learners: people who wanted to write code without installing software. That base gave it a huge user community but limited revenue. The launch of Replit Agent in 2024 changed the business. Suddenly, people with no coding background could build working applications, and professionals could build internal tools in hours. Revenue grew dramatically. Coverage of its 2026 funding cited growth from roughly US$10 million in annualised revenue at the end of 2024 to hundreds of millions by 2026. Replit said it was aiming for US$1 billion in annual recurring revenue by the end of 2026. Because these are mostly press and research estimates, we show revenue as not disclosed.
How Replit makes money
Replit sells subscriptions to individuals and teams, with usage-based charges for AI agent work and for hosting deployed apps. Enterprise plans add security, admin controls and collaboration. Because the agent consumes computing resources from AI model providers, Replit's margins depend on pricing usage carefully, a challenge shared by all AI coding platforms.
Funding
Replit's valuation tripled in about six months. In September 2025 it raised at about US$3 billion. On 11 March 2026 it closed a US$400 million Series D at a US$9 billion valuation, led by Georgian. Participants included G Squared, Prysm Capital, 1789 Capital, Y Combinator, Coatue, Andreessen Horowitz, Craft Ventures and the Qatar Investment Authority, plus strategic investors Accenture Ventures, Databricks Ventures and Okta Ventures. Replit said it would use the money for global expansion, with a particular focus on the Middle East, as well as Europe and Asia. Visa later made a strategic investment.
Business users
Replit has moved beyond hobbyists. It claims 150,000 paying customers and users at 85% of Fortune 500 companies. Large companies use it to let employees outside engineering build internal tools, dashboards and prototypes, a trend sometimes called "citizen development". That shifts some software creation from IT departments to business teams, which raises both productivity and governance questions.
Competition
Replit competes with other AI app builders such as Lovable, Bolt and Vercel's v0, with AI coding tools for professional developers such as Cursor, GitHub Copilot and Claude Code, and with no-code platforms. Its advantages are its long-established cloud infrastructure, a large user base and an integrated environment where apps are built, run and hosted in one place.
Replit at a glance
Replit is a Foster City, California, software creation platform founded in 2016 by Amjad Masad, Faris Masad and Haya Odeh. Its Replit Agent builds and deploys apps from natural language. It raised a US$400 million Series D at a US$9 billion valuation in March 2026, led by Georgian, tripling its value from about US$3 billion six months earlier. It reports more than 50 million users and 150,000 paying customers.
What vibe coding changes
When software can be built by describing it, the number of people who can create applications grows from millions of professional developers to potentially hundreds of millions of people. That expands the market for development tools and hosting dramatically. It also changes what professional developers do: more time reviewing, testing and designing systems, less time typing code. The risks include insecure or poorly maintained apps built by people who don't understand what the AI produced. Platforms that build in testing, security checks and easy maintenance will be better placed as businesses adopt these tools.
Reading AI startup growth numbers
AI coding companies often quote annualised run-rate revenue, which can move quickly in both directions because many customers pay monthly. Our guide to ARR versus revenue explains the difference between run rate, ARR and recognised revenue, and why it matters when comparing companies like Replit, Lovable and Vercel.
Considerations for buyers
- Who owns and maintains apps built by non-developers once they're in use?
- Can apps be exported or moved if you change platforms?
- How does pricing scale with agent usage and hosting?
- What security controls and audit logs are available?
Setting simple rules early, such as who can deploy apps that touch customer data, prevents most of the governance problems companies run into.
Next milestones
Watch whether Replit reaches its revenue target, enterprise adoption, expansion in the Middle East and Asia, margins as AI usage grows, and any further funding or IPO preparation.
Who benefits most
Business teams can build internal tools quickly, with IT setting guardrails. Developers can use it for fast prototypes and deployment. Investors should compare Replit's valuation and growth with peers while watching retention and margins.
Latest developments (October 2026)
Replit's March 2026 Series D, which valued the coding platform at US$9 billion according to Trending Topics, was followed in May 2026 by a strategic investment from Visa. The company has said it aims for about US$1 billion in revenue by the end of 2026 as non-developers use its agent to build apps. That target is the company's own and should be treated as an ambition, not a result. See our developer tools guide.
Sources
Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.
Frequently asked questions
What does Replit do?
Replit is a developer tools / ai app building and cloud development company headquartered in Foster City, California, United States. It was founded in 2016.
What is Replit's valuation?
Replit was valued at US$9 billion as of March 2026, according to Pulse 2.0. Private company valuations are set at funding rounds or share sales and can change significantly between them.
How much revenue does Replit make?
Replit is a private company and has not publicly disclosed its revenue. Figures on third-party sites are usually modelled estimates rather than numbers reported by the company.
What was Replit's latest funding round?
The most recent financing we have verified is a series d in Mar 2026: US$400M, at a valuation of US$9B. Source: Pulse 2.0.
Who are Replit's investors?
Investors named in public announcements include Georgian, Andreessen Horowitz, Coatue, Y Combinator, Craft Ventures, G Squared, Prysm Capital, 1789 Capital, Qatar Investment Authority, Accenture Ventures and Databricks Ventures.
Who founded Replit?
Replit was founded in 2016 by Amjad Masad (CEO), Faris Masad and Haya Odeh.
Is Replit a public company?
No. Replit is a private company (private, venture backed), so its shares are not traded on a stock exchange and it isn't required to publish its financial results.
Where is Replit headquartered?
Replit is headquartered in Foster City, California, United States.