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Lovable in Talks to Raise $300 Million at a $13.2 Billion Valuation, TechCrunch Reports

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2026-07-09 01:33:59
Lovable, a Swedish AI application-building platform, is in talks to raise $300 million at a $13.2 billion valuation, according to a TechCrunch report. According to ChainCatcher, Menlo Ventures is expected to lead the round after announcing a new $3 billion fund last month.

The startup, founded less than three years ago, reported a $500 million annualized revenue run rate in June.

Lovable’s users include founders, independent designers, and salespeople who use its tools to build websites and e-commerce stores. The company also sells its “vibe coding” tools to large enterprises, with reported customers including Workday, Asana, and Nvidia.
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