Lovable Raises $400M at $13.3B Valuation
Founder Anton Osika posted that the AI web-app platform quadrupled ARR in the past year.
Anton Osika, co-founder and CEO of Lovable, announced a $400 million Series C round at a $13.3 billion valuation. The funding was led by Menlo Ventures and the Scaleup Europe Fund. Osika stated that apps built on the platform receive 900 million visits per month and that the company quadrupled ARR over the past twelve months. Replies from investors and founders, including Jason Calacanis and Lenny Rachitsky, congratulated the team. The company’s official blog post confirmed the round and its use to help people run businesses.
Lovable just raised $400M at a $13.3B valuation to build the business that helps build businesses. Apps built on Lovable now get 900M visits every month, and we’ve quadrupled ARR in the last 12 months. Since we started, Lovable has become the place where founders create…
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17 postsDE 
Deedy@deedydas"Lovable has no moat" is the most common take in the valley, yet… — $500M+ revenue run rate, 7x year over year — 900M+ visits / month to Lovable created sites — 60M projects created, ~5M/month — 2/3rd of Fortune 500 use it Lovable’s user base is largely non-technical…
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AO VW Vincent Weisser@vincentweisser@deedydas Congrats Deedy + Anton and Lovable team!!
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HS Harry Stebbings@HarryStebbingsOne of my single best investments (Lovable) came from me pitching a founder (Anton) on investing in Project Europe. I sold that Project Europe would become the talent magnet for young European founders. Anton invested. Then he said, "do you want to invest in Lovable?"…
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AO Anton Osika@antonosika@HarryStebbings I remember that you said "let me invest!" not me saying "do you want to invest in Lovable" lol... I love working with you Harry!
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HS Harry Stebbings@HarryStebbings@antonosika My friend, the whole call was a ruse to get you to let me invest! 🤣 Plus, when you get to my age, the memory is not what it used to be!
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