# a16z and Sequoia compete to invest in an AI hardware platform; Replit is valued at USD 3 billion with ARR near 150 million

In 2023, a WeChat official account reported that browser-based coding environment Replit raised USD 250 million at a USD 3 billion valuation, bringing total funding above USD 300 million, with current ARR near USD 150 million. a16z and Sequoia participated in the investment.



Canonical: https://uniquebase.ai/news/194374e1-cee9-4661-be73-80bb05802c2d
Stable identifier: 194374e1-cee9-4661-be73-80bb05802c2d
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:23:32.091Z

## Connected profiles

- [Andreessen Horowitz](/institutions/andreessen-horowitz)
- [Replit](/companies/replit)
- [Sequoia Capital](/institutions/sequoia-capital)

## Sources

- https://mp.weixin.qq.com/s/yzjkPEa1JBHTg7-FeQ8kHA