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Lovable Raises $330M to Power a New Class of Builders

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Lovable secures $330M at a $6.6B valuation as enterprises and everyday professionals use its platform to ship genuine software without writing code.

Lovable has raised $330 million in Series B funding at a $6.6 billion valuation, underscoring growing investor confidence in tools that allow non-developers to build and ship production-grade software.

The round was led by CapitalG and Menlo Ventures’ Anthology fund, with participation from a wide slate of strategic and financial investors, including NVentures, Salesforce Ventures, Databricks Ventures, T. Capital, Atlassian Ventures, HubSpot Ventures, Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, and returning backers Accel, Creandum, and Evantic.

Founded on the idea of empowering “the 99 percent”—people with ideas but without formal engineering skills—Lovable has helped give rise to what it calls a new category of users: builders. These range from product managers and marketers to nurses, operators, artists, and founders, many of whom have traditionally been blocked by engineering bottlenecks.

The company states that its growth over the past year has been remarkable. More than 25 million projects have been created on the platform in its first 12 months, with over 100,000 new projects launched each day. Websites and applications built on Lovable have attracted more than half a billion visits in the last six months alone, including more than six million daily visits.

Lovable is increasingly being adopted inside large organizations. Companies such as Klarna and Deutsche Telekom use the platform to rapidly prototype interfaces and align stakeholders, cutting development cycles from weeks or months to days. In one case cited by the company, a large enterprise compressed a four-week project involving 20 people into a four-day sprint with a four-person team, while generating roughly 75 percent of its front-end directly through Lovable.

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The platform is also enabling faster experimentation. A global ride-hailing and delivery company reduced design concept testing from six weeks to five days, while a product manager there built a functional prototype in 30 minutes—work that previously took months.

Jorge Luthe, senior director of product at Zendesk, said Lovable has transformed how teams collaborate. “What once took six weeks—from idea to working prototype—now takes just three hours,” he said, citing faster alignment across product, design, and engineering teams.

Beyond prototypes, Lovable is increasingly being used to ship live products. According to the company, a nurse at a major healthcare organization developed an app to visualize patient journeys, which is now included with every invoice. Professional services firms are replacing static slide decks with interactive prototypes for competitive bids, while enterprise software companies are rebuilding onboarding and workflow tools in days instead of months.

The platform has also become a launchpad for new startups. Founders have used Lovable to build businesses ranging from AI-powered fashion platforms and healthcare staffing tools to restaurant software and property management solutions—some reaching seven-figure annual revenue or securing backing from Y Combinator within months.

Lovable said the new funding will be used to deepen integrations with tools such as Notion, Jira, and Miro; strengthen collaboration, governance, and enterprise controls; and expand infrastructure that supports the transition from prototype to production, including hosting, databases, authentication, and payments.

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“Lovable has built something rare,” said Laela Sturdy, managing partner at CapitalG. “The demand we’re seeing from Fortune 500 companies signals a fundamental shift in how software gets built.”

For Lovable, the bet is clear: the future of software development may belong not just to engineers, but to anyone with an idea—and the tools to build it. 

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