Replit hits $3B valuation on $150M annualized revenue

Funding and Valuation - Replit has raised a $250 million funding round, bringing its valuation to $3 billion [1] - The company has raised a total of approximately $478 million to date, according to PitchBook estimates [1] Revenue Growth - Replit's annualized revenue has surged from $2.8 million to $150 million in less than a year, indicating significant growth [2] - The company's annual recurring revenue (ARR) was reported at $100 million in June [2] Investor Participation - The funding round was led by Prysm Capital, with participation from Amex Ventures and Google's AI Futures Fund [3] - Previous investors include Y Combinator, David Sacks' Craft, Andreessen Horowitz, Coatue, and Paul Graham [3] Strategic Partnerships - Replit has established a close partnership with Google Cloud, with many applications built using Replit being hosted on Google [3] - Microsoft has also started offering Replit as an option on Azure, reflecting its growing popularity [3]