Replit

Replit

Cloud-based platform for coding collaboration

About

Replit provides a cloud-based platform for software development and deployment, allowing users to write, run, and share code directly from their web browser. This eliminates the need for complicated local setups, making it easier for a variety of users, including enterprises, freelancers, and students, to engage in coding. The platform features an online code editor, an integrated development environment (IDE), and AI-powered coding assistance, supporting multiple programming languages. Replit stands out from its competitors by offering real-time collaboration tools and project management features, which enhance teamwork among developers. The company operates on a subscription-based model, providing different pricing tiers that unlock additional features, and also generates revenue through enterprise solutions and educational partnerships. The goal of Replit is to make coding accessible and enjoyable for everyone, regardless of their experience level.

Company Stage

Late Stage VC

Employees

51-200

Industries

Enterprise Software, AI & Machine Learning, Education

Total Funding

$216M

Headquarters

San Francisco, California

Founded

2016


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Simplify's Take

What believers are saying

  • Replit raised $97.4M to expand cloud services and lead in AI development.
  • The trend towards browser-based development environments boosts Replit's market appeal.
  • Educational institutions adopting cloud platforms could expand Replit's user 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.
  • Significant R&D investment in AI capabilities could strain Replit's financial 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 diverse user groups.
  • Replit integrates AI-powered coding assistance, enhancing developer productivity and experience.

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Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-4%

2 year growth

36%

Benefits

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

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