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Lovable Secures $400M at $13.3B Valuation as Growth Accelerates

Lovable raises $400 million in a Series C round at a $13.3 billion valuation, backed by Menlo Ventures and others, after rapid revenue and user growth.

Lovable Secures $400M at $13.3B Valuation as Growth Accelerates

Vibe-coding startup Lovable has confirmed a fresh $400 million Series C round, lifting its valuation to $13.3 billion. The financing was led by Menlo Ventures and the Scaleup Europe Fund, with more than a dozen additional investors joining the round.

The new capital arrives after a strong growth phase for the company. In June, Lovable said its annualized run-rate revenue reached $500 million, underscoring the rapid adoption of its platform among creators and developers.

The company also reported that it now supports 60 million projects and draws 900 million monthly visitors. To keep pace with that scale, Lovable has expanded its technical infrastructure, including an in-house AI model alongside access to leading frontier models. It also recently signed a multi-year agreement with Google Cloud to increase usage capacity fivefold.

Beyond its own platform, Lovable has begun backing other European startups exploring vibe-coding applications, including Danish company Atech, which is developing software for hardware design.

As AI-driven creation tools mature, Lovable's latest round points to a future where software building becomes faster, broader, and more accessible across industries.

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