Funding round
Replit Seed
Replit, which works in AI-Powered software development platform services in Foster City, raised $4.5M in a Seed round announced on 22 Oct 2018, led by Andreessen Horowitz. 4 firms took part, with 1 individual investor. It is Replit's first venture round on record.
$4.5M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Replit did not disclose a valuation in this round. It is Replit's first venture round on record, 2 years after it was founded in 2016. It is under 1% of the $772M Replit has raised in the venture rounds on record. Replit raised again 28 months later: a Series A round of $20M in Feb 2021. Its next priced round, a Series B in Apr 2023, valued it at $1.16B.
Replit's funding rounds
Replit has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 22 Oct 2018, led by Andreessen Horowitz $4.5M
- Series A 18 Feb 2021, led by A.Capital $20M
- Series B 25 Apr 2023, led by Andreessen Horowitz $97M$1.16B post-money
- Other not a venture round 6 Nov 2023, led by Craft Ventures $20M
- Series C 10 Sep 2025, led by Prysm Capital $250M$3.00B post-money
- Growth 11 Mar 2026, led by Georgian $400M$9.00B post-money
Investors
Who put money in
Andreessen Horowitz led the round with 3 other firms.
Lead investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
Also in the round
- Bloomberg Beta new investor
- backs 72 venture-backed companies new investor
- Y Combinator backs 1,295 venture-backed companies new investor
Individual investors: Paul Graham.
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, scaling operations and working capital.
- Hiring
- Scaling operations
- Working capital
Comparable rounds
How it compares
787 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.3M, and this round was 2.0 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 4 Oct 2018 | $9.7M | not disclosed | Multicoin Capital |
| Tech Companies | 1 Oct 2018 | $9.0M | not disclosed | Navitas Capital |
| Spatial Tech Companies | 24 Oct 2018 | $8.0M | not disclosed | not named |
| Tech Companies | 31 Oct 2018 | $7.0M | not disclosed | Sallyport Investments |
| Tech Companies | 30 Oct 2018 | $4.5M | not disclosed | Crosslink Capital |
| Tech Companies | 18 Oct 2018 | $4.0M | not disclosed | Blumberg Capital and LionBird |
| Tech Companies | 1 Oct 2018 | $4.0M | not disclosed | Elevate Ventures |
| Tech Companies | 4 Oct 2018 | $3.7M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Replit raise in its Seed round?
Replit raised $4.5M in its Seed round, announced in Oct 2018.
Who led Replit's Seed round?
Andreessen Horowitz led it, with Bloomberg Beta, Reach Capital and Y Combinator.
What was Replit's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
787 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.3M, and this round was 2.0 times the median.
Did Replit raise again after this round?
Yes: a Series A round in Feb 2021 of $20M.