Lovable

Lovable announced $400M in Series C financing on August 12, 2026. Lovable raised a $400 million Series C at a $13.3 billion valuation, led by Menlo Ventures and co-led by the Scaleup Europe Fund, to move faster on its product, infrastructure, and team.

Round details

The financing includes backing from Menlo Ventures, Scaleup Europe Fund (managed by EQT), Balderton Capital, Carmignac, Kaszek Ventures, Tencent, Accel, CapitalG. The company reported a $13.3B valuation alongside the transaction.

• Round: Series C
• Capital announced: $400M

How the company plans to use the capital

Lovable said it will move faster on the product, infrastructure, and team needed to deliver on its mission. The company said it plans to grow to roughly 450 team members this year, hiring most heavily in machine learning, product, infrastructure, and security roles.

Why this matters for GTM teams

Lovable said that since its November 2024 launch, people have created more than 60 million projects on the platform, and that Lovable-built apps see over 900 million visits every month.

Fresh capital is often an operational signal rather than a buying signal by itself. Teams should validate the company’s hiring pattern, product launches, geographic expansion, and technology priorities before choosing the message and timing of outreach.

Source and methodology

This report is based on the company’s announcement and records the disclosed amount, round, investors, location, and stated use of funds. SalesTools Research does not estimate undisclosed valuation or revenue figures.

Primary source: Lovable Series C announcement.