Accenture invests in AI software platform Replit

Accenture (NYSE: ACN) has invested in Replit, an AI-powered software development platform, through its Accenture Ventures arm. The companies announced a strategic partnership to help enterprises accelerate digital platform development using AI-driven software creation tools.

The investment amount was not disclosed in the announcement.

Replit provides a cloud-based platform that combines coding environments with AI development assistance, collaboration tools, and hosting infrastructure. The platform uses AI agents that can generate and modify code from natural language prompts, allowing teams to build prototypes and deploy applications without traditional development environment setup.

The partnership will focus on exploring AI-driven development applications for enterprise environments. Accenture and Replit plan to identify use cases and development workflows that can be scaled to Accenture's global client base.

"Every enterprise wants to move faster -- from idea to working application, and from prototype to production," said Ram Ramalingam, global lead for Software and Platform Engineering at Accenture. "Our collaboration with Replit puts that capability in the hands of more teams, breaking down the barriers between business vision and technical execution."

Replit, founded in 2016, reports having over 50 million users worldwide, including users at 85% of Fortune 500 companies. The San Francisco-based company has partnerships with Google, Stripe and Slack, and recently introduced Agent 4, its newest product.

"Partnering with Accenture will allow us to bring AI-driven software development to more enterprises and jointly help teams move from ideas to production faster than ever," said Ghazi Masood, Chief Revenue Officer at Replit.

The partnership aims to help enterprises adopt AI-driven development while integrating it into existing engineering practices and technology systems.