Overview
Lovable has raised $330 million in Series B funding at a $6.6 billion valuation to enhance its platform for creating websites and applications without traditional software development. The funding round was led by CapitalG and Menlo Ventures’ Anthology Fund, along with various corporate venture investors and growth firms, aiming to assist both large enterprises and early-stage founders in accelerating their product development.
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$330M
Investors: CapitalG, Menlo Ventures’ Anthology Fund
Lovable has raised $330 million in Series B funding at a $6.6 billion valuation to enhance its platform for creating websites and applications without traditional software development. The funding round was led by CapitalG and Menlo Ventures’ Anthology Fund, along with various corporate venture investors and growth firms, aiming to assist both large enterprises and early-stage founders in accelerating their product development.
Lovable raises $330 million at a $6.6 billion valuation to empower non-developers as software builders, with significant backing from investors.
Investors: Accel, Khosla Ventures
Lovable, a Swedish startup, raised funding valuing it at $6.6 billion, up from $1.8 billion, with $200 million in annual recurring revenue. It uses AI to simplify app development for non-technical users, supported by investors Accel and Khosla Ventures.