Lovable secures $400 million in Series C funding, reaching $13.3 billion valuation

Aug 12, 2026

AI Summary

Lovable has confirmed a $13.3 billion valuation following a $400 million Series C funding round led by Menlo Ventures. The startup, which reported $500 million in annualized revenue, continues to expand its offerings and infrastructure to support its growing user base.

Lovable has raised $400 million in a Series C funding round, achieving a valuation of $13.3 billion.
The funding round was led by Menlo Ventures and the Scaleup Europe Fund, with participation from over a dozen other investors.
The startup reported an annualized run rate revenue of $500 million as of June.
Lovable's previous funding round in December raised $330 million at a $6.6 billion valuation, also led by Menlo Ventures.
The company hosts 60 million projects and attracts 900 million monthly visitors.
Lovable offers an in-house trained AI model and has signed a multiyear deal with Google Cloud, significantly increasing its usage.
The startup has also invested in other European tech ventures, including Danish company Atech, which focuses on vibe-coding software for tech hardware.

startupfundingvaluationrevenueinvestment

Lovable secures $400 million in Series C funding, reaching $13.3 billion valuation

Related Stories

DeepSeek Raises Prices for AI Services Significantly

SAP Executive Discusses the Future of AI and Decision-Making in Enterprises

AI Growth Presents Debt Exposure Risks in Private Credit Markets

Silicon Valley Schools Launch Venture Funds with Parent-Investor Support