Company intelligence

Lovable

As of August 12, 2026, Lovable was last valued at $13.3B (August 2026 Series C) and has raised at least $945M in equity across 4 sourced funding rounds. Its most recent revenue run-rate figure is $500M ARR, reported by TechCrunch, June 2026.

Lovable is a Stockholm-based AI platform that lets anyone build software applications through natural language prompts ("vibe coding").

AI infraStockholm, SwedenFounded 2024Founders: Anton OsikaWebsite ↗See connections →Compare with Anthropic
Last verified Aug 12, 2026

Lovable at a glance

As of
Latest valuation
$13.3B[1]
Series C · August 2026
Equity raised
$945M[2]
Across 4 sourced roundsDerived
Revenue run-rate
$500M ARR[3]
June 2026
Lead investors
Menlo Ventures, Scaleup Europe Fund, CapitalG, Accel[4]
Across 4 sourced rounds
Founded
2024[5]
Headquarters
Stockholm, Sweden[6]
  1. [1] Latest valuation: TechCrunch, August 12, 2026
  2. [2] Equity raised: Sum of the 4 sourced equity rounds in the funding history below (debt, tender offers and rumored rounds excluded), August 12, 2026
  3. [3] Revenue run-rate: TechCrunch, June 1, 2026
  4. [4] Lead investors: TechCrunch, August 12, 2026
  5. [5] Founded: TechCrunch (retrieved July 17, 2025)
  6. [6] Headquarters: TechCrunch (retrieved July 17, 2025)

What Lovable does

Lovable is a full-stack AI development platform for building, iterating on and deploying web applications using natural language, according to its documentation.[1] Lovable's "vibe-coding" tool lets people use text prompts to write code and build complete apps, TechCrunch reported in December 2025.[2] Lovable launched in 2024 and is based in Stockholm, Sweden.[2] In August 2026 Lovable said it hosts 60 million projects that attract 900 million monthly visitors.[3] Lovable signed a multiyear deal with Google Cloud in June 2026, TechCrunch reported.[3]

Business model and customers

Lovable's customers include Microsoft, Nvidia and Deutsche Telekom, TechCrunch reported in September 2026.[4] Lovable says people at two-thirds of Fortune 500 companies use its platform (Sep 2026).[4] Earlier customers named by TechCrunch in December 2025 include Klarna, Uber and Zendesk.[2] The Next Web reported in August 2026 that Lovable was profitable before its Series C and is now spending on product and growth.[5]

Leadership

  • Anton Osika, co-founder and CEO of Lovable[2]
  • Fabian Hedin, co-founder of Lovable[4]

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Company Snapshot

Lovable is a AI infra company, based in Stockholm, Sweden, founded 2024 by Anton Osika.

Recent changes

  1. Aug 12, 2026Raised $400M Series C at a $13.3B valuation TechCrunch
  2. Aug 12, 2026Lovable Confirms $13.3B Valuation, Raises Another $400M Pulse story
  3. Aug 12, 2026Lovable Doubles Valuation to $13.3B in Eight Months Pulse story
  4. Aug 12, 2026Valuation rose from $6.6B to $13.3B TechCrunch
  5. Jul 8, 2026Lovable in Talks to Double Valuation to $13.2B Pulse story
Earlier changes (12)
  1. Jun 1, 2026First reported run rate: $500M ARR TechCrunch
  2. Dec 18, 2025Raised $330M Series B at a $6.6B valuation TechCrunch
  3. Dec 18, 2025New investor: CapitalG TechCrunch
  4. Dec 18, 2025New investor: Menlo Ventures TechCrunch
  5. Dec 18, 2025Valuation rose from $1.8B to $6.6B TechCrunch
  6. Jul 17, 2025Raised $200M Series A at a $1.8B valuation TechCrunch
  7. Jul 17, 2025First reported valuation: $1.8B TechCrunch
  8. Jul 17, 2025New investor: Hummingbird TechCrunch
  9. Jul 17, 2025New investor: Accel TechCrunch
  10. Jul 17, 2025New investor: 20VC Fund TechCrunch
  11. Feb 2025Raised $15M Pre-Series A TechCrunch
  12. Feb 2025New investor: Creandum TechCrunch

Funding history

4 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Aug 12, 2026Series C$400M$13.3Bpost-money
Menlo VenturesScaleup Europe Fund
TechCrunch
Dec 18, 2025Series B$330M$6.6Bpost-money
Menlo VenturesCapitalG
TechCrunch
Jul 17, 2025Series A$200M$1.8Bpost-money
Accel
With20VC FundbyFoundersCreandumHummingbirdVisionaries Club
TechCrunch
Feb 2025Pre-Series A$15M—
Creandumunverified
TechCrunch

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 4 rounds · $945M tracked
$0.0M$224M$448M$15MPre-Series AFeb 25$200MSeries AJul 25$330MSeries BDec 25$400MSeries CAug 26

How Lovable has been funded

Creandum led a $15 million pre-Series A round in Lovable in February 2025, TechCrunch reported.[6] On July 17, 2025, Lovable raised a $200 million Series A led by Accel at a $1.8 billion valuation, with participation from 20VC, byFounders, Creandum, Hummingbird and Visionaries Club.[6] On December 18, 2025, Lovable raised a $330 million Series B led by CapitalG and Menlo Ventures at a $6.6 billion valuation, with Khosla Ventures, Salesforce Ventures and Databricks Ventures participating.[2] On August 12, 2026, Lovable raised a $400 million Series C led by Menlo Ventures and the Scaleup Europe Fund at a $13.3 billion valuation, with more than a dozen other investors participating.[3] Balderton Capital and Regent were among the Lovable Series C backers, and the Scaleup Europe Fund is an EU investment vehicle managed by EQT, The Next Web reported.[5],[3]

Investors and their roles

  • Menlo Ventures (co-led the Series B in Dec 2025 and the Series C in Aug 2026)[2],[3]
  • Scaleup Europe Fund, managed by EQT (co-led the $400 million Series C, Aug 2026)[3],[5]
  • CapitalG (co-led the $330 million Series B, Dec 2025)[2]
  • Accel (led the $200 million Series A, Jul 2025)[6]
  • Creandum (led the $15 million pre-Series A in Feb 2025 and joined the Series A)[6]
  • Khosla Ventures, Salesforce Ventures and Databricks Ventures (joined the Series B, Dec 2025)[2]
  • Balderton Capital and Regent (joined the Series C, Aug 2026)[5],[3]
  • 20VC, byFounders, Hummingbird and Visionaries Club (joined the Series A, Jul 2025)[6]
Valuation over time
$0M$7.3B$15B2025-072025-122026-08
Underlying values
As ofValueMethodSource
Aug 12, 2026$13.3BReportedTechCrunch
Dec 18, 2025$6.6BDerivedTechCrunch
Jul 17, 2025$1.8BDerivedTechCrunch

Investors

CreandumMenlo VenturesAccelCapitalGScaleup Europe Fund20VC FundbyFoundersHummingbirdDST GlobalEQT VenturesKhosla VenturesNVentures

Latest Pulse

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  2. Cerebras CEO Pushes Back On AI Doomsday WarningsCerebras CEO Andrew Feldman told TechCrunch Disrupt that AI leaders' public doomsday warnings are overshadowing the technology's potential benefits, arguing some executives 'shouldn't be allowed to talk in public.'→
  3. Firecrawl Raises $75M To Build A Data Library For AgentsFirecrawl, the open-source web-data extraction startup used by more than 1.5 million developers, raised a $75 million Series B led by Smash Capital and launched Alexandria, a unified data interface meant to feed AI agents.→
  4. Runable Raises $21M to Run Businesses, Not Build ThemRunable raised a $21 million Series A co-led by Susquehanna Venture Capital and Nexus Venture Partners at a $65 million valuation, betting AI agents should grow businesses rather than just generate software.→
  5. Runable Raises $21M to Grow Businesses With AIRunable, a 15-person Bengaluru startup, raised a $21 million Series A at a $65 million valuation to build AI agents that find customers and run marketing for small businesses after they've built a product.→
  6. August's Mega-Rounds Have Already Cleared $9BFive disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.→
  7. SpaceX Officially Closes Its $60B Cursor AcquisitionSpaceX completed its $60 billion all-stock acquisition of Cursor maker Anysphere on August 15, giving the AI coding startup access to SpaceX's GPU fleet roughly four months after the deal was first announced.→
  8. AI Coding Tools Have Minted Five $1B+ CompaniesFive AI coding-tool startups now carry valuations above $1 billion after this month's rounds, a cluster of pricing that says more about how much capital is chasing the category than about any one company's product lead.→
  9. Joshua Kushner Is Right About AI's Discipline ProblemThrive Capital's Joshua Kushner used his firm's first-ever investor letter to warn rivals about AI euphoria -- notable, since his own fund just wrote a $2B check into an OpenAI-backed company.→
  10. CodeRabbit Raises $143M at $1.5B ValuationCodeRabbit raised $143 million in a Series C led by Atomico and Smash Capital at a $1.5 billion valuation, with revenue up more than 5x as the AI-code-review startup pitches itself as the governance layer for a flood of AI-generated code.→
All 17 stories →

Coverage Timeline

newest first
  1. Aug 17, 2026FUNDINGAugust's Mega-Rounds Have Already Cleared $9B$9.25B in 5 rounds→
  2. Aug 12, 2026FUNDINGLovable Confirms $13.3B Valuation, Raises Another $400M$400M at $13.3B valuation→
  3. Aug 12, 2026FUNDINGLovable Doubles Valuation to $13.3B in Eight Months$400M at $13.3B→
  4. Jul 23, 2026FUNDINGPaper Raises $34M to Build AI-Native Design Platform$34M Series A→
  5. Jul 8, 2026FUNDINGLovable in Talks to Double Valuation to $13.2B~$300M round (talks), $13.2B valuation→

All Coverage

FUNDING

August's Mega-Rounds Have Already Cleared $9B

Illustration for: August's Mega-Rounds Have Already Cleared $9B
FUNDING$9.25B in 5 rounds

August's Mega-Rounds Have Already Cleared $9B

Five disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.

BY THE NUMBERS
FUNDING

Lovable Confirms $13.3B Valuation, Raises Another $400M

Illustration for: Lovable Confirms $13.3B Valuation, Raises Another $400M
FUNDING$400M at $13.3B valuation

Lovable Confirms $13.3B Valuation, Raises Another $400M

Vibe-coding startup Lovable closed a $400 million Series C at a $13.3 billion valuation, doubling its worth from December, after crossing $500 million in annualized revenue and projecting $600 million by month's end.

DEEP DIVE
FUNDING

Lovable Doubles Valuation to $13.3B in Eight Months

Illustration for: Lovable Doubles Valuation to $13.3B in Eight Months
FUNDING$400M at $13.3B

Lovable Doubles Valuation to $13.3B in Eight Months

Swedish vibe-coding startup Lovable raised $400 million at a $13.3 billion valuation, doubling its worth in eight months as annualized revenue approaches $600 million.

DEEP DIVE
FUNDING

Paper Raises $34M to Build AI-Native Design Platform

Illustration for: Paper Raises $34M to Build AI-Native Design Platform
FUNDING$34M Series A

Paper Raises $34M to Build AI-Native Design Platform

Paper closed a $34 million Series A to build a design platform where designers and AI coding agents share the same canvas, with customers including Ramp, Vercel, and Lovable.

FUNDING

Lovable in Talks to Double Valuation to $13.2B

Illustration for: Lovable in Talks to Double Valuation to $13.2B
FUNDING~$300M round (talks), $13.2B valuation

Lovable in Talks to Double Valuation to $13.2B

AI coding startup Lovable is reportedly in talks to raise at a $13.2 billion valuation, double its December mark, with Menlo Ventures fresh off a $3 billion fund said to be leading.

Value Add Research

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Lovable FAQ

What is Lovable's valuation?

Lovable was valued at $13.3 billion in its $400 million Series C on August 12, 2026, up from $6.6 billion at its Series B in December 2025, as reported by TechCrunch.[3],[2]

How much revenue does Lovable make?

Lovable crossed $600 million in annual run-rate revenue in September 2026, co-founder Fabian Hedin said at the HumanX summit, according to TechCrunch.[4] That was up from $500 million in annualized run-rate revenue in June 2026.[3]

How much has Lovable raised?

Value Add VC tracks $930 million in equity across Lovable's Series A, Series B and Series C between July 2025 and August 2026.[6],[2],[3] Before its Series A, Lovable raised a $15 million pre-Series A led by Creandum in February 2025.[6]

Who invested in Lovable?

Lovable's Series C was led by Menlo Ventures and the Scaleup Europe Fund in August 2026, its Series B by CapitalG and Menlo Ventures in December 2025, and its Series A by Accel in July 2025.[3],[2],[6]

Who owns Lovable?

Lovable is privately held and backed by venture investors including Menlo Ventures, the Scaleup Europe Fund, CapitalG and Accel; it is led by co-founder and CEO Anton Osika.[3],[2],[6]

Is Lovable a public company?

No. Lovable raised a private $400 million Series C on August 12, 2026, so it is privately held as of that date.[3]

Who founded Lovable?

Lovable was co-founded by CEO Anton Osika and Fabian Hedin.[2],[4]

What is Lovable's revenue?

Lovable's most recent revenue run-rate figure is $500M ARR, reported by TechCrunch, June 2026.

When was Lovable founded and where is it based?

Lovable was founded in 2024 and is headquartered in Stockholm, Sweden, according to TechCrunch.

References

researched 2026-10-19
  1. docs.lovable.dev
  2. TechCrunch
  3. TechCrunch
  4. TechCrunch
  5. The Next Web
  6. TechCrunch
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·