Lovable has raised $330m at a $6.6bn valuation, tripling the much-hyped vibe coding startup’s price tag in a matter of months.
Founded in 2023 by Anton Osika and Fabian Hedin, Lovable has fast become one of Europe’s buzziest companies as demand for intuitive, no-code solutions for app development has surged.
The company’s latest funding round — its third this year — was led by Google parent Alphabet's venture wing CapitalG and Melo Ventures’ Anthology fund.
Nvidia’s NVentures, Salesforce Ventures, Khosla Ventures and EQT Growth also participated, alongside previous investors Accel, Creandum and Evantic.
“It’s been an iconic, insane, wonderful journey so far,” Osika wrote in a LinkedIn post announcing the round. “Thank you to everyone who made this possible.”
A rapid rise
Sifted previously exclusively reported how Creandum led Lovable’s $15m pre-Series A round in February. This was followed by a $200m Series A raise in July, at a $1.8bn valuation.
Since launching its first product one year ago, Lovable says more than 25m projects have been created using its platform, with more than 200m monthly visits to its website and apps.
“Lovable has done something rare: built a product that enterprises and founders both love. The demand we're seeing from Fortune 500 companies signals a fundamental shift in how software gets built,” says Laela Sturdy, managing partner at CapitalG.
Lovable says it will use the new funding to improve integrations with other tools such Notion and Mira, enhance governance and boost infrastructure spending.
Sifted recently reported how Lovable hoped to achieve 65% margins by the second half of 2026, according to a pitch deck circulated earlier this year, seen by Sifted.
