Replit iegūst 250 miljonus USD par 3 miljardu USD vērtību

AI software developer platform Replit said Wednesday it has raised $250 million in a funding round that values ​​the San Francisco-based company at $3 billion, as investors continue to back AI startups that help people write code.

The valuations of code generation startups, or “Code-Gen,” have skyrocketed as companies look to use AI to assist software engineers or help non-technical teams write their own software.

Replit was valued at just over $1 billion after it raised $97.4 million. The company said annual revenue grew to $150 million from $2.8 million less than a year ago.

The latest round of funding was led by PrysM Capital, and includes Google’s AI Futures Fund and AMEX Ventures as strategic investors. Existing backers including Andreessen Horowitz — also known as A16Z — and Coutue increased their investments.

The startup plans to use the funding to invest in research and development, as well as sales and marketing.

In the crowded Code-Gen startup field, Replit said its product is differentiated because it creates a vibe in enterprises with coding tools for non-technical users. Cognition, another startup focused on building AI coders, raised more than $400 million this week at a $10.2 billion valuation.

“There’s a lot of competition for software engineers, but we see people who are able to use Replit coming from every part of the company, from sales, to HR, to operations, and it’s helped them with their product development cycles,” said Replit CEO Amjad Massad.

Companies including Duolingo and Zillow use Reptiplit to build applications. Reptiplit on Wednesday unveiled Agent 3, a standalone tool that can inspect and repair code and create custom agents and workflows.

In May, Cursor, another San Francisco-based code generalist startup, raised $900 million at a $10 billion valuation. The company helps users by suggesting and completing lines of code, and can write sections of code autonomously.