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

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

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Replit has raised a $400 million Series D funding round, led by Georgian Partners, achieving a $9 billion valuation. This marks a significant increase from its $3 billion valuation just months prior, when it raised $250 million.

The company, which did not disclose current annual recurring revenue, stated it aims to reach $1 billion in ARR by year's end. Notable investors in this round include institutional firms and angel investors Shaquille O'Neal and Jared Leto.

The funding follows a strategic pivot towards serving non-programmers, a move the CEO credits for the company's recent success after years of development.

Main topics: Replit's funding round and valuation, investor details, revenue goals, and strategic company pivot.

Original URL

https://techcrunch.com/2026/03/11/replit-snags-9b-valuation-6-months-after-hitting-3b/

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TechCrunch

Published Date

2026-03-11 18:52

Fetched Date

2026-03-11 16:30

Processed Date

2026-03-11 16:31

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Vibe-coding sensation Replit has hit another funding milestone. The company announced Wednesday that it raised a $400 million Series D at a $9 billion valuation, led by previous investor Georgian Partners. Other participating investors include G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures.
Founder and CEO Amjad Masad also said in a post on X that backers include angel investors Shaquille O’Neal and Jared Leto.
This follows the $3 billion valuation the startup hit in September, when it raised a $250 million round. At that time, Replit said it was on track for $150 million in annualized revenue. Replit did not release updated, current ARR figures, but the company told Forbes it hopes to hit annual recurring revenue of $1 billion by the end of the year.
While Replit’s recent rise has been meteoric, Masad previously told TechCrunch that it took nine years of grinding — and a controversial decision to pivot from serving professional developers towards non-programs — to find its groove.