We just raised $400M in Series C funding to help people run their businesses

Lovable announced a $400 million Series C financing at a $13.3 billion valuation, led by Menlo Ventures and co-led by EQT-managed Scaleup Europe Fund, with a global group of new and returning investors. Since launching in November 2024, the AI software-creation platform says users have built more than 60 million projects generating over 900 million monthly visits, while adoption has reached nearly two-thirds of Fortune 500 companies. The company has expanded its product with payments, search optimization, integrations, security scanning, AI-agent certification, and governance features, positioning the platform for entrepreneurs and enterprise teams building customer-facing products and internal tools. Lovable cites examples including businesses and teams at WNTD, Viver de IA, Nursa, Zendesk, Handshake, Checkr, and AVARA that have used its tools to launch products, streamline workflows, or replace existing software. The funding will support faster investment in product development, infrastructure, security, and hiring, with priorities centered on helping users build and operate businesses, improving its AI through patterns associated with successful outcomes, and expanding its team to roughly 450 employees while maintaining Stockholm as its primary hub and growing offices in other major cities.

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