Funding round
Replit Series C
Replit, which works in AI-Powered software development platform services in Foster City, raised $250M in a Series C round announced on 10 Sep 2025, led by Prysm Capital, at a $3.00B post-money valuation. 10 firms took part, with 1 individual investor. It is Replit's fourth venture round on record; the one before was a Series B in Apr 2023.
$250M
Amount raised
$3.00B
Post-money valuation
$2.75B pre-money
10
Investors
1 lead
2.6x
Step-up from the Series B
$1.16B in Apr 2023
8.3%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Replit at $3.00B after the new money, 2.6 times the $1.16B of its Series B (Apr 2023). The $250M bought investors about 8.3% of the company. It came 29 months after Replit's Series B. It is 32% of the $772M Replit has raised in the venture rounds on record. Replit raised again 6 months later: a Growth round of $400M in Mar 2026, at $9.00B 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 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 this round 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
Prysm Capital led the round with 9 other firms.
Lead investor
- backs 18 venture-backed companies new investor
Also in the round
- Amex Ventures new investor
- Google’s AI Futures Fund new investor
- Y Combinator backs 1,295 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
- Coatue backs 229 venture-backed companies new investor
- Craft Ventures backs 197 venture-backed companies new investor
- Bloomberg Beta new investor
- backs 2 venture-backed companies new investor
- backs 6 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 product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
277 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 4.2 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 24 Sep 2025 | $250M | $1.60B | not named |
| Tech Companies | 24 Sep 2025 | $92M | not disclosed | Sapphire Ventures |
| Tech Companies | 16 Sep 2025 | $80M | not disclosed | Sixth Street Growth |
| Tech Companies | 3 Sep 2025 | $75M | not disclosed | Hedosophia |
| Tech Companies | 18 Sep 2025 | $74M | not disclosed | noa |
| Tech Companies | 8 Sep 2025 | $60M | $550M | Scale Venture Partners |
| Tech Companies | 25 Sep 2025 | $42M | not disclosed | Salesforce Ventures |
| Tech Companies | 23 Sep 2025 | $25M | not disclosed | Star Mountain Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Replit raise in its Series C round?
Replit raised $250M in its Series C round, announced in Sep 2025.
Who led Replit's Series C round?
Prysm Capital led it, with Amex Ventures, Google’s AI Futures Fund, Y Combinator, Andreessen Horowitz and Coatue and 4 more.
What was Replit's valuation at the Series C round?
$3.00B post-money ($2.75B pre-money).
How does it compare with other Series C rounds in Tech Companies?
277 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 4.2 times the median.
Did Replit raise again after this round?
Yes: a Growth round in Mar 2026 of $400M at $9.00B post-money.