HeadlinesBriefing favicon HeadlinesBriefing.com

Lovable Raises $400M Series C at $13.3B Valuation

Hacker News •
×

Today, we announced Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, led by Menlo Ventures and co-led by Scaleup Europe Fund. This investment moves Lovable closer to becoming the one place where people create new businesses and transform existing ones.\n\nSince launch in November 2024, people have created more than 60 million projects, and Lovable-built apps see over 900 million visits every month. Nearly two-thirds of the Fortune 500 use Lovable.

User survey data shows nearly 8 in 10 builders are building a business or side project they hope to monetize, and more than one-third are already earning revenue.\n\nCustomer stories highlight real impact: WNTD saved £25-30K every month and closed a £3M funding round; Viver de IA is on track for R$100 million in revenue; Nursa rebuilt its core platform 12x faster with Lovable.\n\nOur next priorities: make Lovable the best platform to build and run your business, train the system on what success looks like, and assemble generational talent. We plan to grow to roughly 450 team members this year, with hubs in Stockholm, London, Boston, San Francisco, and New York.