Vibe coding startup Replit’s valuation triples to $9 billion in six months

Vibe coding startup Replit has reached a new milestone, with its valuation touching $9 billion after it raised $400 million in funding. The round was led by returning investor Georgian Partners with participation from G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures.

Founder and CEO Amjad Masad posted on social media platform X that the backers in the latest round included former basketball player Shaquille O’Neal and American actor and musician Jared Leto.

“This funding will help us scale our ambition and expand beyond coding into AI systems that center human creativity,” Masad wrote.


The new capital will be used to speed up product development, deepen enterprise capabilities, expand integrations, and advance agent-driven software creation, the company said in a press release.

Founded in 2016 and propelled to relevance by the rise of AI, Replit is a platform for writing, running, and sharing code in numerous programming languages. It is used by beginners and pros to build, host, and deploy software, websites, and AI apps quickly.

Masad said that Replit is investing heavily in global expansion, particularly in Europe, Asia, and the Middle East. He added that the platform is now used by 85% of the Fortune 500 companies—the 500 largest US companies by revenue, as ranked by Fortune magazine.

This latest round follows a $250 million funding round in September that valued the startup at $3 billion. In under a year, Replit’s annual recurring revenue has jumped from $2.8 million to $150 million, supported by a global user base of 40 million, ET reported in November.

On Wednesday, the company told Forbes that it hopes to reach $1 billion in annual recurring revenue by the end of 2026.

According to financial operations platform Ramp, Replit ranks among the fastest-growing software platforms as of March 2026, with strong adoption by new customers.

Commenting on India, Masad recently described the country as a market of increasing significance, noting it is the company’s second-largest by builder count.