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About Replit
Industries
Enterprise Software
AI & Machine Learning
Education
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$222M
Headquarters
San Francisco, California
Founded
2016
Overview
Replit is a cloud-based platform that enables users to develop and deploy software applications directly from their web browsers. It provides an online code editor and integrated development environment (IDE) that supports multiple programming languages, allowing users to write, run, and share code without needing complex local setups. Replit's features include real-time collaboration tools, project management capabilities, and AI-powered coding assistance, making it suitable for a wide range of users, from students to professionals. Unlike many competitors, Replit emphasizes ease of use and accessibility, catering to both novice and experienced developers. The company's goal is to simplify the software development process and foster a collaborative environment for coding.
Simplify's Take
What believers are saying
- Replit raised $80M at an $800M valuation, indicating strong investor confidence.
- The rise of remote work boosts demand for Replit's cloud-based collaborative coding platform.
- Educational institutions adopting online coding platforms expand Replit's subscription base.
What critics are saying
- Increased competition from GitHub Codespaces challenges Replit's market position.
- Market saturation in online coding environments may hinder Replit's differentiation efforts.
- Significant investment in AI capabilities could strain Replit's resources.
What makes Replit unique
- Replit offers a browser-based IDE supporting over 50 programming languages.
- The platform enables real-time collaboration and code sharing across multiple devices.
- Replit integrates AI-powered coding assistance, enhancing developer productivity and experience.
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Funding
Total Funding
$222M
Above
Industry Average
Funded Over
4 Rounds
Craft Ventures
SV Angel
Coatue Management
Andreessen Horowitz
Y CombinatorBenefits
Competitive salary & equity
Your choice of new equipment & software
Health, dental, & vision insurance
Autonomy at work
Flexible work hours
Learning & development stipend
Monthly health & wellness stipend
Generous parental leave
Unlimited PTO (2 weeks minimum required)
401k matching
Commuter benefits
Expensed lunch
Yearly off-sites
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -1%2 year growth
↑ 2%VentureBeat presents: AI Unleashed - An exclusive executive event for enterprise data leaders. Network and learn with industry peers. Learn More. Developer platform company Replit announced today that it has raised $20 million from Craft Ventures. The new investment comes as Replit continues to advance its agenda to enable developers with generative AI capabilities as it builds towards a future of artificial developer intelligence (ADI).The $20 million investment is not a typical funding round for a startup. In fact, the new investment isn’t about raising new money, but rather is a liquidity event for some of the company’s longer term employees
Replit raises $80M at $800M valuation for its browser-based IDE - SiliconANGLE
Replit, a browser-based integrated development environment (IDE) built for cross-platform collaborative coding, has raised $20 million.Read More
Codespaces is an online development environment powered by Visual Studio Code that not only empowers developers to make changes directly in GitHub repositories but also delivers every other feature of an on-premise integrated development environment platform. Web-based IDEs have gained huge traction among developers due to ease of use and enhanced collaboration capabilities in real time. It also eliminates various hassles that developers come across like conflict in environments and installing dependencies while working on various projects. With online IDEs, one can quickly start working on the projects as they provide isolated environments and configure repositories by installing required files automatically. This, especially, helps developers to start contributing to open-source projects without the need for configuring an environment similar to that of the original repository.
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About Replit
Industries
Enterprise Software
AI & Machine Learning
Education
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$222M
Headquarters
San Francisco, California
Founded
2016
Replit is Hiring for 13 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Replit