AI Coding Startup Replit Raises $400 Million Series D to Accelerate…

Team S · 2026-03-12T13:46:51.000Z

AI software development platform Replit has secured $400 million in a Series D funding round, pushing the company’s valuation to around $9 billion. The round was led by Georgian, with participation from investors including Coatue, Andreessen Horowitz (a16z), Craft Ventures, Y Combinator, Accenture Ventures, and several strategic backers. Founded by Amjad Masad, Replit provides a cloud-based platform that allows developers-and increasingly non-technical users-to build applications using AI. The company has become one of the key players in the emerging “vibe coding” movement, where users can create working software simply by describing what they want in natural language. Replit’s platform integrates the entire development workflow in one environment, allowing users to generate code, test applications, host projects, and deploy them online without leaving the platform. This approach aims to simplify software creation and significantly lower the technical barriers to building digital products. The company has seen rapid growth following the launch of its AI coding agent, which can transform plain-English instructions into functional applications. As adoption grows among both developers and businesses, Replit is positioning itself as a key infrastructure platform for AI-assisted software development. According to company projections, Replit expects its revenue to reach $1 billion annually in the coming years, driven by enterprise adoption and the rapid expansion of AI-driven coding tools. With the new funding, Replit plans to expand globally, strengthen its AI development tools, and grow its enterprise customer base, particularly across international markets.

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AI Coding Startup Replit Raises $400 Million Series D to Accelerate… | Newnex