Replit Nears $9B Valuation in $400M Funding Round
• Key Takeaways
- Replit is in advanced talks to raise roughly $400 million in a funding round that would value the company at about $9 billion, people familiar with the matter say.
- The new valuation would roughly triple Replit’s previous valuation, implying a jump from around $3 billion to $9 billion, including the money raised.
- Georgian, the Toronto-based growth-stage venture firm, is expected to lead the round; discussions are ongoing and terms could change.
- Replit, founded by Amjad Masad, has become a leading provider of AI-powered "vibecoding" tools for developers.
What’s happening
Replit Inc., the AI-focused coding platform founded by Amjad Masad, is nearing a sizable new financing round that would dramatically lift its valuation. The company is reported to be in advanced discussions to raise about $400 million, which would push its post-money valuation to roughly $9 billion.
Those familiar with the talks cautioned the process is not finalized and terms could change. The potential lead investor is Georgian, a Toronto-based growth-stage venture firm exploring larger bets in developer tooling and AI.
Details of the proposed round
According to people with knowledge of the negotiations, the round is structured to include the $400 million in new capital, and the headline valuation — roughly $9 billion — includes that amount. That represents an approximate tripling of Replit’s valuation from prior rounds.
Replit has not publicly confirmed the figures. As with many private funding processes, details have been shared on a non-attribution basis while talks remain active.
Why investors are interested
Replit has positioned itself at the intersection of cloud development environments and AI-assisted coding, sometimes described as "vibecoding." Its platform lets developers write, run and collaborate on code from the browser, and recent AI features have increased adoption and monetization opportunities.
Investors like Georgian have been targeting companies that combine developer tools with generative AI capabilities, betting that those products can scale revenue and stickiness among professional and hobbyist developers alike.
Context and what to watch
If completed, the deal would be one of the larger late-stage investments in the developer-tools category and mark a major valuation step for Replit. Watch for an official announcement from Replit or Georgian, and for final terms around pricing, investor mix and how the capital will be deployed.
Replit’s next moves will likely focus on expanding AI features, developer growth, enterprise offerings and international expansion. Given the rapid evolution of AI tooling, investors will be watching user engagement and monetization metrics closely.