Lovable has secured $400M in Series C funding at a $13.3B valuation, led by Menlo Ventures and co-led by EQT’s Scaleup Europe Fund.
The funding includes participation from global investors like Balderton Capital, Kaszek Ventures, Tencent, and Salesforce Ventures.
Since its launch in November 2024, Lovable has enabled users to create over 60 million projects, driving 900M monthly app visits.
Enterprise adoption has accelerated, with the platform now used by employees at nearly two-thirds of the Fortune 500.
Clients, including Adidas, NVIDIA, and Deutsche Telekom, leverage Lovable for internal workflows and revenue-generating innovations.
The company aims to expand its team to 450 members and enhance AI capabilities to empower global building efforts.
Key highlights include exponential enterprise growth, advanced AI-powered functionality, and deeper integrations with platforms like Google Workspace and Salesforce.