Lovable Raises $400 Million at $13.3 Billion Valuation

Aug 13, 2026
Lovable raised $400 million in Series C funding at a $13.3 billion valuation. Menlo Ventures and Scaleup Europe Fund led the round.
Lovable Raises $400 Million at $13.3 Billion Valuation

Lovable has raised $400 million in a Series C round at a $13.3 billion valuation, according to TechCrunch.

The round was led by Menlo Ventures and the Scaleup Europe Fund, with more than a dozen other investors participating. Lovable reached $500 million in annualized run rate revenue in June.

The company previously raised $330 million at a $6.6 billion valuation in December. That round was led by Menlo Ventures, with CapitalG as co lead.

Lovable says it hosts 60 million projects that attract 900 million monthly visitors. The company offers its own internally trained AI model as well as access to frontier model options. In June, it signed a multiyear deal with Google Cloud that increased its usage fivefold.

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