Replit is a browser-based integrated development environment (IDE) that allows for cross-platform collaborative coding.
Replit has raised over $200 million in funding to date. In April 2023, the company raised nearly $100 million ($97.4 million) at a $1.16 billion post-money valuation in a Series B extension round led by Andreessen Horowitz with participation from Khosla Ventures, Coatue, SV Angel, Y Combinator, Bloomberg Beta, Naval Ravikant, ARK Ventures and Hamilton Helmer. The new funds will be put toward further developing the core product experience, expanding Replit’s cloud services and “driving innovation” in AI.
Replit's AI Tools
Replit’s recent AI-powered tool called Ghostwriter is a suite of features powered by an AI model trained on publicly available code. Ghostwriter can make suggestions and explain code considering what users type and other context from their accounts like the programming languages they’re using.
Ghostwriter may be one of the key drivers behind Replit’s recent explosive growth leading to a partnership with Google Cloud and a user base eclipsing 22 million developers.
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