The AI programming platform Lovable has completed a $400 million Series C funding round, bringing its valuation to $13.3 billion.

According to DynoMatic Beating monitoring, the AI programming platform Lovable has completed a $4 billion Series C funding round, reaching a valuation of $13.3 billion. The round was led by Menlo Ventures, with participation from the Scaleup Europe Fund managed by EQT, Tencent, and other institutions. Lovable allows users to create websites and apps directly using natural language.

When Lovable completed its Series B funding round last December, the valuation was $6.6 billion. In less than 8 months, the valuation has doubled. Since its launch in November 2024, the company has seen users create over 60 million projects, with these apps receiving over 9 billion monthly visits. Lovable's annualized revenue is now approaching $600 million.

With the new funding, Lovable is preparing to take another step forward, transitioning from "helping you build software" to "helping you run your business." In the future, it will proactively understand user goals, identify issues to address, and even assist in execution without waiting for user commands at every step. Enterprise workflows such as sales, operations, and marketing will also be further integrated.｜