After years of stagnant revenue and a 50% staff cut, Replit revived its fortunes by launching the Replit Agent, an AI‑powered coding assistant. The shift from serving professional developers to targeting non‑technical knowledge workers unlocked rapid revenue growth, leading to a $250 million funding round, a $3 billion valuation, and annualized revenue in the $150 million range. Enterprise customers now drive high‑margin earnings, while the company bolsters safety after a high‑profile database mishap. Replit faces competition from AI labs but bets on its unique focus and infrastructure to stay ahead. Read more →