Lovable announced it has raised $330 million in Series B funding at a $6.6 billion valuation to expand its platform for creating websites and applications without traditional software development. The round was led by CapitalG and Menlo Ventures’ Anthology fund, with participation from a mix of corporate venture investors and growth firms, as Lovable positions itself to serve both large enterprises and early-stage founders looking to move from idea to product faster.
Additional investors in the financing include NVentures, Salesforce Ventures, Databricks Ventures, T.Capital, Atlassian Ventures, and HubSpot Ventures, alongside Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, and returning backers Accel, Creandum, and Evantic, among others. Lovable framed the raise as fuel for what it calls “the age of the builder,” a shift in which non-technical professionals across functions can prototype, validate, and ship software directly.
The company said usage has scaled rapidly, citing more than 100,000 new projects built on Lovable every day, more than 25 million total projects created in its first year, and half a billion visits to Lovable built websites and apps in the last six months. Lovable also reported more than 6 million daily visits to Lovable-built sites and apps, which it said translates to more than 200 million monthly visits.
Lovable described a growing set of enterprise use cases in which teams replace traditional specification documents and slide-based workflows with functional prototypes, enabling faster stakeholder alignment and shorter development cycles. The company highlighted examples from prominent organizations, including Klarna and Deutsche Telekom, describing efforts to reduce speed to market by compressing timelines for prototyping and design validation from weeks to days, and in some cases to hours. Lovable also pointed to adoption patterns where tools built on the platform move from prototype to production, including healthcare workflow visualization, onboarding tools, and internal dashboards.
In addition to enterprise adoption, Lovable said founders are using the platform to launch revenue generating businesses, citing examples that include a fashion platform with virtual try on, a healthcare staffing product, a restaurant table management product, a property management startup that entered Y Combinator, and a Brazilian edtech company that launched a premium version of its platform in one month and generated significant revenue shortly afterward.
Lovable said the funding will accelerate work across three priorities: deeper integrations with common workplace tools, expanded collaboration and governance features aimed at enterprise deployment, and infrastructure that helps users take products from prototype to production, including built-in hosting, databases, authentication, and payments. The company also emphasized that it intends to continue investing in capabilities that enable teams to build and operate production software, rather than limiting their use to demonstrations.
KEY QUOTES:
Thanks to Lovable’s rapid prototyping and real-time collaboration capabilities, we’ve dramatically streamlined our product development process. What once took six weeks — from idea to working prototype — now takes just three hours. This shift has enabled our product management, UX, and engineering teams to collaborate faster and more effectively than ever before.
Jorge Luthe, Senior Director of Product, Zendesk
Lovable makes it easy for our teams to create interactive prototypes and move from idea to decision with less friction.
Dharmin Parikh, Director of Product, Uber AI
AI is transforming how enterprises build and validate products. For a 2,000-person product & engineering organization, this goes far beyond faster prototypes. It demands a new approach to how the best ideas come to life. Lovable shares that perspective, and their vision pairs naturally with how we will develop and ship products at Deutsche Telekom.
Jonathan Abrahamson, Chief Product and Digital Officer, Deutsche Telekom
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. We’re proud to lead this round and support Lovable’s vision of making software creation accessible to everyone.
Laela Sturdy, Managing Partner, CapitalG
Lovable is a beloved product for all the right reasons. They’ve done what was previously unimaginable by turning a latent market of tens of millions of people into web developers and content creators. We love category builders like our previous early investments in Uber and Anthropic—companies that have the opportunity to be enormous. Lovable is showing exactly that trajectory.
Matt Murphy, Partner, Menlo Ventures
What makes Lovable compelling is how accessible it is to non-technical founders. You don’t need to write code to get started—you need clarity of thought. Imagine that idea scrawled on the back of a napkin can magically turn into a working prototype with a real codebase with just one sentence. That’s what Lovable unlocks for founders. Lovable gives founders a new kind of agency and confidence. And, most importantly, speed. That shift is deeply aligned with how we think about empowerment at Kinship.
Gwyneth Paltrow, Co-founder and General Partner, Kinship Ventures
