Funding round
Replit Series A
Replit, which works in AI-Powered software development platform services in Foster City, raised $20M in a Series A round announced on 18 Feb 2021, led by A.Capital. 5 firms took part. It is Replit's second venture round on record; the one before was a Seed in Oct 2018.
$20M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Replit did not disclose a valuation in this round. It came 28 months after Replit's Seed. It is 2.6% of the $772M Replit has raised in the venture rounds on record. Replit raised again 26 months later: a Series B round of $97M in Apr 2023, at $1.16B post-money.
Replit's funding rounds
Replit has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 22 Oct 2018, led by Andreessen Horowitz $4.5M
- Series A this round 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
A.Capital led the round with 4 other firms.
Lead investor
- backs 49 venture-backed companies new investor
Also in the round
- Andreessen Horowitz backs 722 venture-backed companies new investor
- Bloomberg Beta new investor
- Y Combinator backs 1,295 venture-backed companies new investor
- backs 72 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,580 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $11M, and this round was 1.8 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 3 Feb 2021 | $55M | not disclosed | Accenture Ventures |
| Tech Companies | 2 Feb 2021 | $50M | not disclosed | Andreessen Horowitz |
| Tech Companies | 12 Feb 2021 | $45M | not disclosed | Aldrich Capital Partners |
| Tech Companies | 9 Feb 2021 | $43M | not disclosed | Norwest |
| Metropolis Tech Companies | 16 Feb 2021 | $41M | not disclosed | 3L Growth Equity |
| Tech Companies | 10 Feb 2021 | $40M | not disclosed | PSG |
| Tech Companies | 10 Feb 2021 | $28M | not disclosed | K1 Investment Management |
| Tech Companies | 24 Feb 2021 | $24M | not disclosed | Lightspeed Venture Partners and Balderton Capital |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Replit raise in its Series A round?
Replit raised $20M in its Series A round, announced in Feb 2021.
Who led Replit's Series A round?
A.Capital led it, with Andreessen Horowitz, Bloomberg Beta, Y Combinator and Reach Capital.
What was Replit's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,580 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $11M, and this round was 1.8 times the median.
Did Replit raise again after this round?
Yes: a Series B round in Apr 2023 of $97M at $1.16B post-money.