Lovable raises $400M Series C at $13.3B valuation

We just raised $400M in Series C

Lovable, the AI app builder, closed a $400M Series C at a $13.3B valuation led by Menlo Ventures and EQT's Scaleup Europe Fund. Users have created over 60M projects since launch, with Lovable-built apps drawing 900M+ monthly visits. Nearly 8 in 10 users are building a business or side project; over a third already earn revenue. Enterprise teams at Adidas, NVIDIA, and Deutsche Telekom are also using it. The post doesn't disclose paid conversion or retention rates—key metrics for a SaaS business at this valuation.

Why it matters: Lovable's Series C is the largest round yet in the AI app builder space. The $13.3B valuation and 60M projects metric justify featured tier. Not scoring higher because this is a company announcement with unaudited metrics, and the post doesn't disclose revenue or paid user cou...