business 🚀 Lovable hits massive valuation, raises $400M
The vibe-coding startup Lovable has officially confirmed a $13.3 billion valuation. The company secured $400 million in a Series C round, which was led by Menlo Ventures and the Scaleup Europe Fund. This funding follows Lovable hitting $500 million in annualized run rate revenue back in June. The startup currently hosts 60 million projects and attracts 900 million monthly visitors. Moving forward, Lovable continues to expand its sophisticated back-end needs and AI offerings. 🚀