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Replit

Software Development ToolsFounded 2016
Reviewed by Swet Parvadiya
Company data updated: October 2026
Independent Editorial Analysis
7 historical events · Editorial analysis

Replit Company Profile: Revenue, Business Model & Strategy

Research depth: 7 milestones · 10 FAQs

Replit is an AI app-building platform founded in 2016 by Amjad Masad, Haya Odeh and Faris Masad. Based in Foster City, California, it was valued at $9 billion after a $400 million Series D in March 2026, and its Replit Agent builds and deploys apps from natural-language prompts.

How Replit makes money: Replit makes money from paid subscriptions and usage. Individuals buy the Core plan, teams and companies buy Teams and Enterprise seats, and every plan bundles monthly credits that are consumed by Replit Agent work and…

Revenue & employeesCEO historyFoundersBusiness model
Annual Revenue (FY2024)$2.8M
Employees400
CEOAmjad Masad
Founded2016
IndustrySoftware Development Tools
By Swet ParvadiyaLast reviewed:
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Data sources: annual reports, SEC filings, methodology
Industry:Software Development Tools

Replit key figures

Replit's latest revenue figure is $525M (2026). This is an annualized run-rate from Sacra (estimate), not audited fiscal-year revenue.

Source: Sacra (estimate) · Last reviewed October 2026

Revenue per employee
$7,000
FY2024 revenue divided by 400 employees; headcount may use another date
Current chief executive
Amjad Masad
In the role since 2016 (10 years)
Documented transactions
3
Between 2025 and 2026
Founded
2016
10 years ago
Where was Replit founded?
Replit was founded in San Francisco, California, United States in 2016.
When did Replit start?
Replit was founded in 2016.
How old is Replit?
Replit is 10 years old as of 2026.
In-Depth Analysis
355 words · 2 min read

Replit (Replit, Inc.) is an AI software creation platform founded in 2016 by Amjad Masad, Haya Odeh and Faris Masad. Its Replit Agent builds, tests and deploys apps from plain-English prompts. Replit is private, based in Foster City, California, and was valued at $9 billion after a $400 million Series D in March 2026.

From browser IDE to AI app builder

Replit spent its first eight years as a browser-based coding environment popular with students, teachers and hobbyists. Masad has said it took nine years and a contested decision to shift from professional developers to non-programmers before the business took off. That shift came with Replit Agent in September 2024, which writes the code, sets up databases and authentication, runs and fixes the app, and publishes it on Replit hosting.

Revenue and valuation

  • 2024: about $2.8 million in revenue for the full year, according to Masad.
  • September 2025: roughly $150 million in annualized revenue; $250 million raised at a $3 billion valuation, led by Prysm Capital.
  • March 2026: $400 million Series D at $9 billion, led by Georgian, with Coatue, Andreessen Horowitz, Y Combinator and others.
  • April 2026: about $525 million in annualized revenue, according to a Sacra estimate. Replit is targeting $1 billion in ARR by the end of 2026.

How Replit makes money

Replit sells Core, Teams and Enterprise plans that include monthly usage credits. Agent work and hosting draw down those credits, and active users buy more. Enterprise customers include Atlassian, Adobe, Databricks and Okta.

Competition and risks

Replit competes with app builders such as Lovable, Bolt and Vercel v0, and with coding tools such as Cursor and GitHub Copilot. Its main risks are dependence on third-party AI models, which shapes both quality and margin, and agent reliability: in July 2025 a Replit Agent deleted a production database during a public test, after which Replit separated development and production databases.

2026 developments

Replit launched Agent 4 in March 2026 with a visual design canvas and real-time collaboration, received an investment from Visa in May to support payments in apps built on Replit, and acquired AI analytics startup Atta in September.

Table of Contents

Replit Key Facts

CompanyReplit
Financials$525M (annualized run-rate, 2026)
Valuation$9.0B (private company, last reported)
Last reviewedBy Swet Parvadiya, Founder & Editor - October 2026
Founded2016
Founder(s)Amjad Masad, Haya Odeh, Faris Masad
CEOAmjad Masad
HeadquartersFoster City, California, United States
IndustrySoftware Development Tools
Employees400+

Replit Company Profile: Revenue, Business Model & Strategy

"Replit spent eight years as a browser coding tool used mostly by students, then grew annualized revenue from about $2.8 million in 2024 to an estimated $525 million by April 2026 after it let anyone build apps by describing them to an AI agent."

Why Replit Wins

Replit wins because its agent can write, run, fix and host an app in one place, so non-programmers get working software instead of code they must deploy themselves.

Replit operates in a competitive market alongside Anysphere Inc. (Cursor), Vercel Inc., GitHub, Inc., OpenAI, Postman, Inc.. Analysts frequently compare Replit and Anysphere Inc. (Cursor) due to their overlapping products, target markets, and strategic positioning. See full comparison →

Replit is an AI app-building platform founded in 2016 by Amjad Masad, Haya Odeh and Faris Masad. Based in Foster City, California, it was valued at $9 billion after a $400 million Series D in March 2026, and its Replit Agent builds and deploys apps from natural-language prompts.

Revenue

$2.8M

Founded

2016

Employees

400+

Author: CorpDigest Research DeskCompany Research

Explore Replit In Depth

Detailed research across every dimension of Replit — history, financials, leadership, and strategy.

Company History

Replit started as a way to code in the browser without installing anything, and for years it was best known in classrooms and hackathons. The company spent most of a decade growing slowly before betting on AI agents.

Full Replit history →

Revenue & Financials

Replit had $2.8M in revenue for fiscal year 2024.

Replit financials →

Founders

Replit was founded by Amjad Masad, Haya Odeh, Faris Masad in 2016. Explore each founder's background, motivations, and their role in building the company.

Replit founders →

CEO & Leadership

Replit is currently led by Amjad Masad. Explore the full CEO history — leadership transitions, tenures, and the strategic decisions of each chief executive.

Replit CEO history →

Business Model

Replit makes money from paid subscriptions and usage. Individuals buy the Core plan, teams and companies buy Teams and Enterprise seats, and every plan bundles monthly credits that are consumed by Replit Agent work and…

How Replit makes money →

Acquisitions

Replit has completed 3 documented acquisitions. Explore the full acquisition history and strategic rationale behind each deal.

Replit acquisitions →

Competitive Strategy

Replit grows by widening who can make software rather than winning more professional engineers. It markets Agent to founders, operators and business teams, sells enterprise plans to companies that want internal tools…

Replit strategy →

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 Research Profile

Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.

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Frequently Asked Questions About Replit

What is Replit?

Replit is an AI software creation platform. Users describe an app in plain English and Replit Agent writes the code, sets up the database and hosting, and publishes it. It began in 2016 as a browser-based coding environment.

How does Replit make money?

Replit sells Core, Teams and Enterprise subscriptions that include monthly usage credits, and charges for extra usage when Agent work and app hosting exceed those credits. Revenue therefore grows with how much users build and run.

Who owns Replit?

Replit is privately held by its founders, employees and investors. Backers include Georgian (lead of the 2026 Series D), Prysm Capital, Andreessen Horowitz, Coatue, Craft Ventures, G Squared, Y Combinator, Khosla Ventures and strategic investors such as Accenture Ventures, Okta Ventures, Databricks Ventures and Visa.

What is Replit's valuation?

Replit was valued at $9 billion after a $400 million Series D led by Georgian in March 2026, up from $3 billion in September 2025 and $1.16 billion in 2023.

What is Replit's revenue?

Replit made about $2.8 million in 2024, according to its CEO. It reported roughly $150 million in annualized revenue in September 2025, and Sacra estimates about $525 million by April 2026. The company is targeting $1 billion in ARR by the end of 2026.

Who are Replit's competitors?

Replit competes with AI app builders such as Lovable, Bolt and Vercel's v0, and with AI coding tools such as Cursor, GitHub Copilot and the coding agents from OpenAI and Anthropic.

Where is Replit headquartered?

Replit is headquartered in Foster City, California. It moved there from San Francisco in 2024.

What exactly is Replit?

Replit allows developers to write, compile, run, and instantly deploy code for dozens of programming languages entirely within a web browser, requiring zero local environment setup.

Who founded Replit?

Replit was founded in 2016 by Jordanian-American programmer Amjad Masad, his brother Faris Masad, and designer Haya Odeh.

Analysis: How Replit Makes Money

Deep dive into the Replit business model, revenue streams, and strategic moats in 2026.

Competitor Benchmarking

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Strategic Head-to-Head

Financial data on this page is sourced from SEC EDGAR filings, official earnings releases, and verified press statements. Revenue figures are reviewed and updated periodically. Read our full data methodology ->

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Editorial Methodology

Company Research

We use company filings, annual reports, company statements and press reports, with primary sources preferred where available. Each financial row shows its recorded source. Full-year figures are separated from annualized run-rates, partial periods and forecasts; unaudited figures carry a label. Source detail varies by company, so check the linked material when the reporting basis matters.

1. Primary Sources

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2. Expert Curation

We organize company records and review claims for strategic context, source quality and clarity. Pages show a review date where one is recorded.

3. Multi-Pass Audit

Technical checks flag inconsistent figures and missing links. Editorial review of the underlying source remains necessary for claims those checks cannot verify.

Swet Parvadiya
SEC filings & public records methodology
Sourced from public financial records

Explore Related Pages for Replit

History & FailuresTimeline, setbacks, and key milestonesBusiness ModelHow they make money and market productsFinancialsRevenue history and fiscal metricsCompetitive StrategyRivals, benchmarks, and SWOT analysis

Sources & References

The data and narrative synthesized in this intelligence report were verified against primary sources:

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.