Replit announced a $250 million financing round that lifts its valuation to $3 billion. The round was led by Prysm Capital with participation from Amex Ventures and Google’s AI Futures Fund, while earlier backers such as Y Combinator, Andreessen Horowitz, and Coatue also took part. The company reports an annualized revenue surge from $2.8 million to $150 million in less than a year, surpassing the $100 million ARR reported in June. Replit’s deep ties to Google Cloud and its recent inclusion on Microsoft Azure highlight its expanding platform ecosystem.
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