Replit, the San Francisco–based agentic AI software platform, has raised $250M in fresh funding at a $3B valuation, nearly tripling its 2023 valuation.
The round was led by Prysm Capital, with strategic participation from Amex Ventures and Google’s AI Futures Fund, alongside existing backers YC, a16z, Craft, Coatue, Paul Graham, and others.
The raise follows explosive growth: The company scaled annualized revenue from $2.8M to $150M in under a year, powered by a global community of more than 40 million users building applications across industries. Enterprise teams at Zillow, Duolingo, and Coinbase already rely on the platform.
Launching Agent 3: From assistant to true collaborator
Alongside the funding, Replit unveiled Agent 3, its most autonomous AI developer yet. Unlike earlier versions, Agent 3 can work for up to 200 minutes, test and fix its own code, and build custom agents and workflows that extend beyond software engineering into any repetitive or complex task.
“We were the first to make vibe-coding a reality for non-developers globally. With this raise and our new AI agent, we’re set to become the enterprise standard,” said Amjad Masad, CEO and founder.
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Strategic validation from investors and partners
- Jay Park, co-founder of Prysm Capital:
“Replit’s traction with individuals, teams, and enterprises positions it as the leading agentic AI platform for building custom software, agents, and workflows.” - Jonathan Silber, Google AI Futures Fund:
“Replit is showing what’s possible with AI agents. With Gemini, we’ll power new enterprise-grade agents together.” - Kevin Weber, Amex Ventures:
“Replit’s vibe-coding has the potential to transform how enterprises build software by empowering non-technical employees.”
Next phase: Scaling globally
The new funding will accelerate global expansion, product development, and scaling of IntegrationOps-like workflows for enterprises. Replit also announced its products are now available via Google Cloud Marketplace, broadening global enterprise access.
About Replit
Founded to make software creation accessible to anyone, the company has become one of the world’s fastest-growing developer platforms, serving 500,000+ professional users alongside millions of individuals. With Agent 3, the firm is positioning itself as the default AI-powered software creation environment for both individuals and enterprises.
