Lovable Raises $400M at $13.3B Valuation, Doubling Its Worth in 8 Months
Summary
Updated Aug 13 — Lovable is on track for approximately $600 million in annualized revenue run rate by end of August 2026.
- • Stockholm AI coding startup Lovable raises $400M Series C at $13.3B valuation, up from $6.6B in December 2025.
- • Round co-led by Menlo Ventures and EQT's Scaleup Europe Fund; new investors include Tencent, Balderton Capital, and Salesforce Ventures.
- • Apps built on Lovable see 900M+ monthly visits across 60 million hosted projects; nearly two-thirds of Fortune 500 employees use the platform.
- • Lovable is on track to hit a ~$600M annualized revenue run rate by end of August 2026, up from $500M ARR in June.
Updated Aug 13 — Lovable is partnering with Cerebras Systems for real-time AI inference and expanding offices to London and three US cities.
Updated Aug 12 — Lovable disclosed $500M annualized revenue run rate as of June 2026 and a multiyear Google Cloud deal alongside its Series C confirmation.
Updates
Lovable Earns AIUC-1 Certification — First AI Agent Security Standard
Lovable earned AIUC-1 certification, described as the first security standard for AI agents, as part of a broader set of security and governance investments since the Series B. The company also launched a dedicated security trust center page for businesses building on the platform.
8 in 10 Users Building Monetizable Businesses; 1 in 3 Already Earning Revenue
Survey data from Lovable shows nearly 8 in 10 users are building a business or side project they hope to monetize. More than one-third of those are already earning revenue — underscoring that Lovable-built products are increasingly the business itself, not just internal tools.
New Product Features Since Dec 2025 Series B
Since the Series B, Lovable has added: payment functionality for monetization, SEO and AI-search discoverability tools, deeper integrations with Google Workspace, Microsoft 365, Salesforce, Stripe, and ElevenLabs, automatic and scheduled security scanning, and governance features including publishing controls, abandoned app cleanup, and workspace insights.
Enterprise Case Studies: WNTD, Viver de IA, Nursa
Notable customer examples from Lovable's announcement: UK fashion app WNTD (saving £25–30K/month, closed £3M raise), Brazilian AI education company Viver de IA (54 employees, 1,200+ clients, tracking R$100M revenue), and US healthcare platform Nursa (rebuilt core platform 12× faster with Lovable, retiring 10 SaaS systems across 200+ employees).
Cerebras Systems partnership for latency-sensitive workloads
Lovable partnered with Cerebras Systems — maker of the Wafer-Scale Engine, a chip the size of a dinner plate that keeps an entire AI model's weights on a single chip to avoid GPU memory bottlenecks. Lovable runs latency-sensitive workloads on dedicated Cerebras capacity. Cerebras CEO Andrew Feldman: 'Fast AI is more valuable than slow AI.'
Growing team to 450 employees in 2026
Lovable plans to grow its headcount to 450 people by end of 2026, hiring most heavily in machine learning, product, infrastructure, and security roles.
Geographic expansion beyond Stockholm
Lovable is opening offices in London and three US cities — Boston, San Francisco, and New York City — expanding beyond its Stockholm headquarters as it scales enterprise operations globally.
Revenue approaching ~$600M run rate by Aug 2026
Lovable is on track to reach approximately $600 million in annualized revenue run rate by end of August 2026, up from the $500 million ARR reported in June 2026 — approximately 20% revenue growth in two months.
$500M ARR in June 2026
Lovable hit $500 million in annualized run rate revenue in June 2026, disclosed alongside the Series C announcement; substantially strengthens the business fundamentals implied by the $13.3B valuation.
60 million projects hosted on platform
Platform hosts 60 million projects as of the Series C announcement; these collectively attract 900 million monthly visitors, confirming the prior visitor figure with an additional project-count metric.
Lovable operates its own in-house trained AI model
In addition to frontier model options from third-party providers, Lovable has developed and deployed its own proprietary AI model, signaling investment in vertically integrated model capabilities.
Multiyear Google Cloud deal signed June 2026
Lovable signed a multiyear agreement with Google Cloud in June 2026, representing a fivefold increase in cloud usage versus prior spend, reflecting rapidly scaling infrastructure demands as the platform grows.
Lovable backed Danish startup Atech
Lovable has invested in Atech, a Danish startup building vibe-coding software for designing tech hardware, extending its ecosystem bets and the vibe-coding category beyond web application development.
Details
$400M Series C at $13.3B valuation
More than doubled from $6.6B valuation set in December 2025 round ($330M raised then); total funding now substantial
Co-led by Menlo Ventures and EQT Scaleup Europe Fund
New investors include Balderton Capital, Tencent, Kaszek Ventures, World Innovation Lab, Regent, Carmignac; returning investors include Accel, CapitalG, DST Global, Salesforce Ventures, HubSpot Ventures
900M+ monthly visits to apps built on Lovable
Platform launched publicly November 2024; enterprise customers include Nvidia, Adidas, and Zendesk
Nearly two-thirds of Fortune 500 employees use Lovable
Reflects broad enterprise penetration just 18+ months after public launch
Vibe-coding platform builds apps via plain language prompts
Founded 2023, launched November 2024; platform enables non-engineers to build functional software and web applications through natural language
Lovable joins Europe's most valuable startup tier
WSJ described the raise as catapulting Lovable into the ranks of Europe's most valuable startups; positions Stockholm as a top-tier AI hub
Details compiled via Grok live web research
WSJ exclusive reporting by Ben Dummett; additional details from Tech.eu and Tech Funding News
Financials = funding and valuation data; Partnership = investor details; Stat = quantitative metrics; Product Launch = platform description; Industry Update = market positioning; Context = sourcing
What This Means
Lovable's $13.3B valuation signals that 'vibe-coding' — AI-powered platforms that let anyone build software using plain language — has moved from novelty to serious enterprise category. With revenue tracking toward $600M annualized run rate by end of August 2026, a fivefold increase in Google Cloud usage, and a Cerebras partnership for real-time AI inference, the round reflects genuine business traction, not speculation. The doubling of valuation in under eight months, backed by blue-chip investors spanning Silicon Valley and Europe, shows the market views Lovable as category-defining infrastructure for the next generation of software development. Its plan to expand to London and three US cities while growing its team to 450 marks a clear transition from startup to global enterprise platform.
Sentiment
Broadly impressed by real traction and valuation jump, with a few raising security questions
“situation detected: mts sponsor raises $400m if you have an idea, take a chance on yourself. it’s day zero @Lovable congrats on the new round @antonosika!”
“Eight months from $6.6B to $13.3B is wild, but the usage tells you it's all real growth, not hype.”
“Lovable mới raised $400M ở series C. ... ARR tăng hơn gấp đôi. ... 1.2 triệu webapp ra đời mỗi tuần từ Lovable. ... Nhìn vô Lovable ko chỉ thấy product... Mà còn thấy cảm hứng để tiếp tục mơ, mơ lớn”
“Lovable’s $12B valuation prices in a world where agent-generated code ships to production without review. That velocity collapses the distinction between user and runtime identity, every app spawned becomes an autonomous entity with its own privilege surface and lateral movement”
“【速報】Lovableが$400M(約600億円)を調達。評価額は$13.3B(約2兆円) プロンプトでアプリを作るツールが、もう2兆円企業。Cursorといい最近AIのアプリレイヤーも市場が育ってきた。”
Split
~80/20 positive/impressed vs. security & risk concerns; most see validated enterprise traction while a minority flags un-reviewed agent code as a new attack surface.
Sources
- Lovable reportedly in talks to double its valuation to $13.2BTechCrunch
- Exclusive | Vibe-Coding Startup Lovable Hits $13 Billion Valuation - WSJWall Street Journal
- Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Europe's most valuable startupsWall Street Journal
- Lovable confirms new $13.3B valuation, raises another $400MTechCrunch
- Lovable raises $400M at $13.3B valuationReuters
- Lovable bolsters its AI software creation capacity, touts $400M funding roundComputerworld
- Vibe-Coding Startup Lovable Hits $13 Billion ValuationLinks
- Lovable raises $400M at $13.3BLovable
