Replit Ceo Details Path To Artificial Developer Intelligence, Raises New $20M Investment

Nov 06, 2023•about 2 years ago

Amount Raised

$20 Million

Foster CitySoftwareInformation Technology

Investors

ReplitCraft Ventures

Description

Developer platform company Replit announced today that it has raised $20 million from Craft Ventures. The new investment comes as Replit continues to advance its agenda to enable developers with generative AI capabilities as it builds towards a future of artificial developer intelligence (ADI).

Company Information

Company

Replit

Location

Foster City, California, United States

About

Replit is the agentic software creation platform that enables anyone to build applications using natural language. With millions of users worldwide and over 500,000 business users, Replit is democratizing software development by removing traditional barriers to application creation.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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