AI Coding Startup Replit Nears Funding at $9 Billion Valuation

AI Coding Startup Replit Nears Funding at $9 Billion Valuation

Bloomberg.com technology

Key Points:

  • Replit Inc., an AI coding startup, is close to securing a new funding round that would triple its valuation to approximately $9 billion.
  • The company is in advanced talks to raise around $400 million, though the details are still subject to change.
  • Georgian, a Toronto-based growth-stage venture firm, is anticipated to lead this financing round.