Economy
AI Startup Lovable Reaches $13.3 Billion Valuation After Funding
TechCrunch2h
THE BRIEF
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AI startup Lovable has raised $400 million in a Series C funding round, pushing its total company valuation to $13.3 billion.
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The company reported an annualized run rate revenue of $500 million as of June 2026, supported by a user base of 900 million monthly visitors.
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The funding round was led by Menlo Ventures and the Scaleup Europe Fund, following a previous $330 million raise in December 2025.