Overview

• Pr ysm Capital led the financing with participation from Google’s AI Futures Fund and Amex Ventures, as existing backers including Andreessen Horowitz and Coatue increased their investments.
• Replit introduced Agent 3, an autonomous tool that can test and fix code and create custom agents and workflows.
• The company reports annualized revenue growth from $2.8 million to $150 million in less than a year.
• Replit deepened distribution through major clouds, maintaining close ties with Google Cloud and becoming an option on Microsoft Azure in July.
• The round lifts the company’s valuation from just over $1 billion in 2023 to $3 billion, with total funding at about $478 million, according to PitchBook.