# Lovable raises $400 million, doubling its valuation — QANATONE

> Lovable, which lets people build apps with AI, is now valued at $13.3 billion. It hit a $500 million annualised revenue run rate in June.

Kaynak: https://www.qanatone.com/en/haber/lovable-13-3-milyar-dolar/

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# Lovable raises $400 million, doubling its valuation

12 Aug 2026 1 min read News · Funding

Lovable, which lets people build apps with AI, is now valued at $13.3 billion. It hit a $500 million annualised revenue run rate in June.

## The round

The $400 million Series C was co-led by Menlo Ventures and the EQT-managed Scaleup Europe Fund, with a dozen other investors. Lovable was valued at $6.6 billion in its $330 million round in December 2025.

## Scale

Lovable hosts 60 million projects drawing 900 million monthly visitors and offers its own in-house model alongside frontier models. It reached a $500 million annualised run rate in June and signed a multiyear Google Cloud deal representing a fivefold increase in usage.

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