Lovable raises $400M Series C at a $13.3B valuation

AI app-building startup Lovable raised $400M at a $13.3B valuation, roughly doubling its December 2025 valuation. It says employees at nearly two-thirds of the Fortune 500 now use the product. (Lovable blog; TechCrunch)

Menlo Ventures led, with EQT's Scaleup Europe Fund co-leading. New investors include Balderton, Tencent and Regent; Salesforce Ventures, HubSpot Ventures, CapitalG and Accel returned. Lovable told TechCrunch it reached $500M in annualized run-rate revenue as of June 2026. (Lovable blog; TechCrunch)