Lovable Raises $400M Series C at $13.3B Valuation
Stockholm-based vibe-coding startup more than doubles its valuation eight months after its Series B.
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Summary, timeline and people extracted by Claude from 4 items across 2 sources · 4h ago. Quotes are verbatim.
What to know
- Lovable raised $400 million in a Series C round at a $13.3 billion valuation, more than double its $6.6 billion December 2025 valuation.
- The round was led by Menlo Ventures and co-led by EQT's Scaleup Europe Fund, with participation from Tencent, Balderton Capital, Carmignac, Kaszek Ventures, and others.
- Since launching in late 2024, Lovable has powered over 60 million software projects and reached nearly two-thirds of the Fortune 500, with apps built on it drawing over 900 million monthly visits.
- Funds will expand headcount to 450 employees and offices in London, Boston, San Francisco, and New York, and deepen automated operations, payments, and multi-agent orchestration features.
How it unfolded
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Investing.com republishes the funding announcement, corroborating the $400 million raise and $13.3 billion valuation.
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The round, led by Menlo Ventures and co-led by EQT's Scaleup Europe Fund, more than doubles Lovable's valuation in eight months.
“For me, the most important part of a funding announcement is the accountability that comes with it.”
Anton Osika · Techmeme ↗ -
Lovable says it will grow headcount 50% to 450 employees, expand offices in London, Boston, San Francisco, and New York, and build out automated operations, payments, and multi-agent orchestration.
- 36 weeks quiet
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Lovable's prior round valued the company at $6.6 billion, with commitments to deeper integrations, collaboration, and governance infrastructure.
- 100 weeks quiet
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The platform lets non-coders generate, deploy, and maintain software using natural language, a practice dubbed 'vibe-coding'.
- 52 weeks quiet
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CEO Anton Osika and CTO Fabian Hedin found the Stockholm-based company; Hedin writes the first line of code.
What people are saying verbatim
“Three years ago, on my birthday, I wrote Lovable’s first line of code. We wanted to build what we believed the future of software creation should look like.”
Fabian Hedin, Co-founder and CTO, Lovable · BusinessCloud ↗ · Aug 11
“For me, the most important part of a funding announcement is the accountability that comes with it. At our Series B in December, we committed to deeper integrations, stronger collaboration and governance, and the infrastructure people need to run software at scale. And then we did what we said we would do.”
Anton Osika, Co-founder and CEO, Lovable · BusinessCloud ↗ · Aug 11
“From the very start, Lovable was built for the billions of people with the creativity and knowledge to make something, but who had always been blocked by technical ability.”
Matt Murphy, Partner, Menlo Ventures · Tech.eu ↗ · Aug 11
“Anton, Fabian, and the Lovable team have built one of the most ambitious and fastest-growing AI companies we’ve seen. They prove that Europe has no shortage of exceptional founders.”
Victor Englesson, Partner and co-head, EQT Scaleup Europe Fund · BusinessCloud ↗ · Aug 11
“Lovable will continue to draw on the strengths of multiple models, matching each part of the work to the model best suited to handle it and bringing the results together into one seamless experience.”
Lovable, Company statement · Tech.eu ↗ · Aug 11