AI software-building startup Lovable has raised $400 cardinal astatine a $13.3 cardinal valuation, much than doubling its valuation successful 7 months.
Menlo Ventures led the Series C alongside EQT-managed Scaleup Europe Fund, arsenic investor appetite for vibe-coding startups shows nary motion of slowing down.
The Stockholm-based company's yearly recurring gross has astir tripled since December, cofounder and CEO Anton Osika wrote successful a LinkedIn station announcing the backing information connected Wednesday.
"Since we started, Lovable has go the spot wherever founders create cardinal dollar businesses, business leaders rotation up caller merchandise lines, and group wrong companies rewire workflows and build devices that fresh their nonstop needs, typically astatine a fraction of what package utilized to cost," Osika said.
Lovable's raise is the latest illustration of investor enthusiasm for AI coding companies. SpaceX agreed successful June to buy Cursor for $60 billion, while app-building level Emergent raised $130 cardinal astatine a $1.5 cardinal valuation successful July.
Lovable antecedently raised $330 cardinal astatine a $6.6 cardinal valuation successful December. It disclosed successful March that it had reached $400 cardinal successful yearly recurring revenue, up from $300 cardinal a period earlier and $200 cardinal astatine the extremity of 2025.
In a blog post connected Wednesday, Lovable, which helps users build package done natural-language prompts, said much than 60 cardinal projects person been created connected its level since its motorboat successful November 2024.
Osika said the institution will usage the backing to move Lovable into a level for running, alternatively than simply building, a business.
"The world is afloat of eager group pinch heavy knowledge of problems worthy solving. Very fewer of them person historically had the powerfulness to enactment connected them," Osika wrote. "Our ambition is to springiness group that power, and past thief them execute much than they thought possible."
Read next
Thibault is simply a business newsman astatine Business Insider's London office.He covers really AI and economical alteration are reshaping work, careers, cognitive skills, and the world economy.Before moving to the trending team, Thibault covered world affairs, including the Russia-Ukraine war, tensions successful the South China Sea, and Russia’s system connected the news desk.He has antecedently worked astatine the Daily Express and held internships astatine Agence France-Presse, Politico Europe, and Factal.Il parle français. Se habla español.Email Thibault astatine [email protected], link pinch him connected LinkedIn @ThibaultSpirlet, aliases travel him connected X @ThibaultSpirlet and BlueSky @thibaultspirlet.bsky.social.Expertise
- AI and the early of work
- Job and cognitive skills successful the AI economy
- Workforce trends
- First-person, "as-told-to" stories
Follow Following
Every clip publishes a story, you’ll get an alert consecutive to your inbox!
Look retired for an alert successful your inbox the adjacent clip publishes a story!
Every clip a caller communicative is published, you’ll get an alert consecutive to your inbox!
Look retired for an alert successful your inbox the adjacent clip a caller communicative is published!
By clicking “Sign up”, you work together to person emails from Business Insider. In addition, you judge Insider’s Terms of Service and Privacy Policy.
More stories by More stories from
English (US) · 
Indonesian (ID) ·