Extremely fast re-rating: $3B (Sept 2025) to $9.3B (March 2026) in six months, driven by revenue growth from ~$2.8M to ~$150M annualized in under a year on Agent 3 and AI-coding demand. High execution/competition risk given how recent the underlying revenue growth is (Cursor, GitHub Copilot Workspace, Cognition, etc. all competing). Visa made an undisclosed-terms strategic investment around May 2026 tied to agentic-payments integration -- not a priced equity round, no new valuation disclosed. CEO Amjad Masad said in May 2026 he'd 'love for us to remain an independent company,' citing Replit has been gross-margin positive for over a year; no S-1 or IPO plan found. A circulating claim of a completed IPO at $14.5B could not be corroborated (no SEC EDGAR record) and is not used here.
| Round | Date | Valuation | Lead |
|---|---|---|---|
| Seed (incl. YC pre-seed) | 2018-10-21 | $20M | Andreessen Horowitz (led the $4.5M seed, Oct 2018; Y Combinator led an earlier $120K pre-seed) |
| Series A | 2021-01-15 | $126M+521% | A.Capital Ventures |
| Series B | 2021-11-15 | $800M+534% | Coatue |
| Series B Extension | 2023-04-11 | $1.2B+45% | — |
| Series C | 2025-09-10 | $3.0B+159% | — |
| Series D | 2026-03-10 | $9.3B+211% | — |
No upcoming rounds currently reported.
| Status | S-1 Not Filed |
|---|---|
| Notes | A circulating claim of a completed IPO at $14.5B is unverifiable and contradicted by CEO Amjad Masad's stated preference to stay independent ('I would love for us to remain an independent company'). |
| Source | TechCrunch, May 1 2026; SEC EDGAR (no S-1 found) |
These are cited news signals only, not a PrePost prediction — year/valuation forecasting is on the roadmap but not live yet.
Transparent, formula-based composite (not machine-learned) of five signals: raise velocity, round acceleration, secondary premium/discount vs. the last primary round, up-round streak, and freshness of the last known mark.