Replit raises $400M Series D
Replit closed a $400M Series D to expand its AI 'vibe‑coding' tools — fresh capital that usually precedes heavier model training and inference purchases. (x.com)
The financing values Replit at $9 billion and was led by Georgian Partners, according to the company announcement and coverage from TechCrunch. (prnewswire.com) The new valuation is roughly three times the $3 billion price tag Replit recorded about six months earlier, a jump TechCrunch flagged in its March coverage. (techcrunch.com) Replit told investors it is targeting $1 billion in annual recurring revenue (ARR) by the end of the year as it doubles down on its AI agent strategy. (marketwatch.com) On March 11, 2026 Replit launched Agent 4, a platform update that adds parallel AI agents, an infinite design “Canvas,” and built‑in connectors to tools like BigQuery, Linear, Slack and Notion to move design and code generation into a single workflow. (blog.replit.com) The company claims its user base exceeds 50 million developers and that customers from over 85% of the Fortune 500 build on Replit, figures the PR release and follow‑up coverage repeat. (prnewswire.com) Investors named in the round include Georgian, G Squared, Prysm Capital, Coatue, Andreessen Horowitz (a16z), Craft Ventures, Y Combinator and strategic partners such as Accenture, Databricks Ventures and Okta, with sovereign and celebrity investors also listed in coverage. (techstartups.com) Replit’s public roadmap shows an aggressive agent cadence—Agent v2 in February 2025, Agent 3 in September 2025, and now Agent 4 in March 2026—signaling the company’s push to expand autonomous, parallelized development workflows. (aitoolsclub.com)