Lovable Valuation Surges 101% to $13.3B After $400M Series C

Lovable secures $400M Series C at $13.3B valuation, doubling in under 8 months. Platform reports $600M annual revenue and 60M projects created since launch.

Woofun AI reports that Lovable has completed a $400 million Series C financing round, establishing a valuation of $13.3 billion. Menlo Ventures led the investment, with EQT's Scaleup Europe Fund as co-lead and Tencent participating. This valuation represents a 101% increase from the $6.6 billion set during its Series B in December last year. Since launching in November 2024, users have generated over 60 million projects, driving more than 900 million monthly visits. The company's annual revenue is approaching $600 million. Lovable intends to shift focus from software construction to business operations, aiming to proactively identify issues and execute tasks without constant user instruction, while integrating sales, operations, and marketing workflows.