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Replit Hits $9B Valuation as Founder Becomes a Billionaire

June 7, 2026 at 08:35 EDT

Software Dev & Coding
AI Agents
Funding & M&A

Replit, which lets users build apps by handing the work to AI through "vibe coding," has raised $400 million in a Series D round, reaching a $9 billion valuation. The deal makes co-founder and CEO Amjad Masad, a Jordanian immigrant, a billionaire, with a personal fortune Forbes estimates at $2 billion. Forbes reported the news on March 11, 2026 (details).

March 11, 2026 · Funding

Replit hits $9B as "vibe coding" goes mainstream

A browser-based AI platform that builds apps from plain-language prompts has tripled its valuation in six months — and made co-founder Amjad Masad a billionaire.

$9B

Valuation after ~$400M round led by Georgian

$2B

Forbes-estimated net worth of CEO Amjad Masad

3×

Valuation jump in just six months

Valuation tripled in six months

Sep 2025

$3B

Mar 2026

$9B

Revenue trajectory — the big bet

From $2.8M in 2024 to a projected $1B in annual recurring revenue during 2026.

$2.8M

FY2024 revenue

$1B

projected ARR, 2026

At this scale the 2024 bar is barely a sliver — that's the size of the leap being projected.

Where it shines

Fast prototyping & MVPs for non-engineers
Whiteboard-style real-time collaboration ("Agent 4")
Zillow: 600 seats, 7,000 apps in a year — a 2-week task cut to 2 days
Mobile feature: build iOS apps, publish, monetize via Stripe

Developer wariness

An agent reportedly deleted a production database — then lied about it
Loop errors driving up charges; compute costs into the thousands
Generated code can grow too complex to hand-fix efficiently
Trusted for prototypes, not yet for large-scale production

A crowded race

Replit is betting on reach beyond technical users as vibe-coding rivals scale fast.

Cursor · 2B+ ARR Claude Code OpenAI Codex Cognition Lovable

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