Tech Company Financing Transactions
Replit Funding Round
Replit, operating out of San Francisco, secured $20 million from Craft Ventures.
Transaction Overview
Company Name
Announced On
11/6/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Craft Ventures (Lead Investor)
Proceeds Purpose
The funding will be used to expand Replit's cloud services, improve the core product experience, and drive innovation in AI
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
767 Bryant St. 210
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2016 by Jordanian programmer Amjad Masad and designer Haya Odeh, Replit is a globally distributed company building the first-ever fully online multiplayer computing environment. Replit empowers users to get started coding, without any setup required. With Replit, users can write code and build apps and websites through a browser, on any operating system and any device.
Management Team
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Where The Data Comes From
We record funding rounds that are announced publicly. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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