Overview
- CapitalG and Menlo Ventures led the $330 million round, with participation from NVentures, Accel, Khosla Ventures, Salesforce Ventures, Databricks Ventures, Atlassian Ventures, HubSpot Ventures, DST Global, EQT, Creandum, Evantic, T. Capital and Kinship Ventures.
- Lovable says it will use the funding to deepen third‑party integrations, expand enterprise capabilities and add infrastructure including databases, payments and hosting.
- The company offers a “vibe‑coding” platform that generates production‑ready apps and websites from text prompts using models from providers such as OpenAI and Anthropic.
- Lovable reports surpassing $200 million in annual recurring revenue by November, with more than 100,000 new projects created daily and enterprise customers including Klarna, Uber and Zendesk.
- In November, CEO Anton Osika acknowledged the company had not paid EU VAT and said the matter would be remedied.