Replit
AI-powered cloud coding platform that lets anyone build and deploy software by describing it in natural language.
- AI-powered software development platform
- active
- Founded 2016
- Researched Sep 2026
The story
Replit was founded in 2016 by Amjad Masad, his brother Faris Masad, and designer Haya Odeh, growing out of Masad's earlier browser-IDE project JSRepl. After nearly a decade as a collaborative browser coding tool for developers with flat revenue, the company pivoted in 2025 around its AI Agent to target non-developers doing vibe coding, triggering explosive revenue growth and a jump from roughly $1 billion to multi-billion dollar valuations within about a year. It is now a well-funded, high-growth AI software creation company backed by top-tier VCs and sovereign wealth funds.
Collaborative browser-based coding tool for professional software developers
AI agent platform for non-developers to build and deploy apps by describing them in natural language ('vibe coding')
Timeline
Replit founded
Founded in San Francisco by Amjad Masad, Faris Masad, and Haya Odeh
Seed round closed
$4.5M seed round led by Andreessen Horowitz
$20M raised
Funding for collaborative browser-based coding
$97.4M at $1.16B
Growth round valuing Replit at $1.16 billion
Replit Agent launched
First AI agent version automating software development via natural language
50% staff cut
Headcount cut from ~130 to 60-70 amid stalled revenue
Dropped professional developers
Masad said Replit was abandoning professional developers as core market
Microsoft Azure partnership
Integrated Replit with Microsoft Azure Marketplace and enterprise tools
AI agent deletes database
Replit's AI agent deleted a client's production database during a code freeze
$3B valuation reached
Valuation hit $3B on $150M annualized revenue
$250M round
Round led by Prysm Capital, nearly tripling 2023 valuation
$400M round at $9B
Raised $400M at a $9B valuation from major VCs and sovereign funds
First international office
Opened first office outside the US, in London
Founders
Amjad Masad
Founder and CEO
Prior JavaScript infrastructure engineer at Facebook; founding engineer at Codecademy
Faris Masad
Co-founder
Jordanian programmer; co-founded Replit in 2016 with his brother Amjad
Haya Odeh
Co-founder
Designer; co-founded Replit in 2016
8 sourcesEvery fact above links back to these.
- Replit - Wikipediaen.wikipedia.org
- Amjad Masad - Wikipediaen.wikipedia.org
- Amjad Masad - Forbes Profileforbes.com
- After nine years of grinding, Replit finally found its market. Can it keep it? - TechCrunchtechcrunch.com
- Cloud Developer Platform Replit Raises $97.4M at $1.16B Valuation - PR Newswireprnewswire.com
- Replit Opens First International Office in London - PR Newswireprnewswire.com
- Boss of San Francisco-based AI coding startup mocks monoculture Silicon Valley, as opens London office - Tech.eutech.eu
- Replit: Vibe Code with AI Fast - App Storeapps.apple.com