AI coding startup Lovable raised $400M at $13.3B valuation up from $6.6B in 2025

Lovable, an AI coding startup, raised $400 million in Series C funding at a $13.3 billion valuation, doubling its previous $6.6 billion valuation from 2025. The round was led by Menlo Ventures and included investors from Europe, Latin America, and Asia, supporting Lovable's mission to democratize software creation. Since launching in November 2024, the platform has enabled users to create over 60 million projects with 900 million monthly visits, and nearly two-thirds of Fortune 500 companies now have employees using the platform.