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. Replit Agent, launched in September 2024, lets users type what they want and get a working, hosted app, and it turned Replit into one of the leaders of the vibe-coding category, with a $9 billion valuation by March 2026. The company is headquartered in San Francisco, California. Replit was founded in 2016 in San Francisco, California, by Amjad Masad, Faris Masad, and Haya Odeh, revolutionizing software development by creating an instant collaborative browser-based IDE and pioneering AI-powered autonomous software creation.
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 by hosting (deployments, databases, compute). Heavy users buy more credits, so revenue grows with how much people build and run, not only with seat count. The free Starter tier is the top of the funnel. Since its 2024 pivot, Replit sells mainly to non-programmers, product managers and business teams who want working software without hiring engineers, and it has signed enterprise customers such as Atlassian, Adobe, Databricks and Okta.