Replit has raised a $400 million Series D led by Georgian Partners, valuing the company at about $9 billion.

The round, which also includes participation from notable investors like Andreessen Horowitz, Coatue, 1789, Shaquille O’Neal, Jared Leto, and QIA, pushes Masad toward billionaire status as the valuation tops $9 billion.

Other backers include G Squared, Prysm Capital, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, and Databricks Ventures, reinforcing broad investor confidence.

Replit competes with AI coding tools such as Anthropic’s Claude Code and other vibe coding players, but differentiates by focusing on non-technical workers and teams with a one-shot software engineering experience through visual collaboration.

The pivot from a traditional code editor to an AI-enabled vibe-coding platform followed a near-collapse in 2024, with a layoff of 30 employees and a restart around AI as the core product.

Key customers include Zillow, Databricks, PayPal, and Adobe, with Zillow alone reporting about 600 seats and thousands of apps built in the past year, showing strong adoption among non-engineers.

Founder Masad said the company spent nine years pivoting from professional developers to broader non-programmer markets to reach its current success.

The coverage centers on the investment news and the targeted revenue milestone rather than broader operational details.

Backers include angel investors Shaquille O’Neal and Jared Leto, as cited by Amjad Masad.

Anthropic’s Claude Code and other AI coding advances heighten competition, prompting Replit to accelerate product innovation and geographic expansion.

The funding positions Replit to aim for roughly $1 billion in annual recurring revenue by the end of 2026, supported by international expansion and scaled go-to-market efforts.

The Series D signals strong investor confidence in Replit’s growth trajectory and strategy after earlier milestones, including a notable $3 billion valuation in 2025.