Lovable Raises $400M Series C at $13.3B Valuation, Triples ARR
felixhhaas · x · 2026-08-12
AI coding application Lovable announced a $400 million Series C funding round at a $13.3 billion valuation. The round was led by Menlo Ventures and EQT Group's Scaleup Europe Fund.
The company disclosed that it has nearly tripled its ARR since its last round 8 months ago. Applications built on the platform are now visited 900 million times every single month. Lovable is actively expanding its design and engineering teams.
Related event: AI coding app Lovable raises $400M Series C at $13.3B valuation(7 posts)→
More from Venture
- ModelBest Kicks Off Mainland IPO Process, Betting on Edge AI — pstAsiatech · 2026-08-12
- Nebius Q2 Earnings: AI Cloud Revenue Surges 514% to $575M with Billion-Dollar Deals — demian_ai · 2026-08-12
- Former Alibaba Qwen Lead's Embodied AI Startup p7k Hits $2B Valuation — pstAsiatech · 2026-08-12
- Lovable Raises $400M at $1.33B Valuation to Boost AI Coding — emilahlback · 2026-08-12
- AI Coding Sparks New Category: Code Validation Startup Blacksmith Soars to $550M Valuation — HaktanSuren · 2026-08-12
- Unitree's Valuation Surges 16x: Real Tender Data Reveals Humanoid Robot Status — emax · 2026-08-12