Replit Eyes $3 Billion Valuation in New Funding Talks
Replit is in discussions with investors for a new funding round that could value the company at $3 billion, according to Bloomberg. The funding round is expected to bring in approximately $200 million.
Replit has gained attention for its AI-powered coding tools, which enhance developer efficiency and enable non-developers to create software. The company recently introduced an AI agent capable of writing and deploying software applications, positioning itself as a leader in the 'vibecoding' trend, where users can build software by describing their needs to an AI.
The startup, which has offices in Foster City, California, and Brooklyn, New York, boasts over 30 million users. Its investors include Andreessen Horowitz and Craft Ventures. The funding talks are ongoing, and details may change as discussions progress.
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