What is Replit's latest valuation after its Series D funding?

Replit's latest valuation after its Series D funding round is $9 billion.

How much funding did Replit raise in its Series D round?

Replit raised $400 million in its Series D funding round.

What is Replit's annual recurring revenue goal?

Replit aims to reach $1 billion in annual recurring revenue by the end of the year.

Home / Technology / Replit Secures $400M, Valuation Skyrockets to $9B

Replit Secures $400M, Valuation Skyrockets to $9B

12 Mar

•

Summary

Replit achieved a $9 billion valuation with a $400 million Series D funding.
The funding round was led by previous investor Georgian Partners.
Replit aims to reach $1 billion in annual recurring revenue by year-end.

Replit Secures $400M, Valuation Skyrockets to $9B

Vibe-coding platform Replit has announced a major financial milestone, closing a $400 million Series D funding round. This latest investment propels the company's valuation to $9 billion. The funding round was notably led by existing investor Georgian Partners. Several other prominent investment firms also participated, signaling strong confidence in Replit's future. This significant capital infusion follows Replit's previous $3 billion valuation achieved in September after raising $250 million.

Replit's founder and CEO shared that the company is aiming for an ambitious target of $1 billion in annual recurring revenue by the end of the current year. This growth follows a nine-year period of development and a strategic pivot. The company previously indicated it was on track for $150 million in annualized revenue. The announcement also highlighted the involvement of high-profile angel investors, including Shaquille O'Neal and Jared Leto, as backers of the coding platform.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.