Why Lovable matters
Lovable raised a $400 million Series C at a $13.3 billion valuation on August 12, 2026, led by Menlo Ventures and the EU-backed Scaleup Europe Fund, with Tencent participating. That doubled the $6.6 billion valuation from its $330 million Series B in December 2025. Lovable is Europe's most visible example of prompt-to-app tooling reaching business users outside engineering teams.
The numberRaised $400 million at a $13.3 billion valuation on August 12, 2026, double its December 2025 valuation
On The Agentic 80
Listed under Coding agents. Agents that write, test, and ship software.
On The All Things AI 100
Listed under Coding and app building. Tools that write software, for developers and for people who never learned to code.
Quick answers
- What does Lovable do?
- Swedish platform that turns text prompts into working web apps, aimed at non-engineers and small teams. Lovable raised a $400 million Series C at a $13.3 billion valuation on August 12, 2026, led by Menlo Ventures and the EU-backed Scaleup Europe Fund, with Tencent participating.
- What AI capabilities does Lovable offer?
- Lovable offers a text-to-app builder that turns natural language prompts into working web applications for non-engineers and small teams. Users describe an app, and Lovable generates the interface, logic, and connected data, then supports visual edits, chat-based revisions, and publishing. Lovable Agent can plan multi-step changes, edit code, and iterate on the app inside the same workspace.
- Why is Lovable on The Agentic 80?
- Lovable is listed under Coding agents. Agents that write, test, and ship software. Raised $400 million at a $13.3 billion valuation on August 12, 2026, double its December 2025 valuation.
- Why is Lovable on The All Things AI 100?
- Lovable is listed under Coding and app building. Tools that write software, for developers and for people who never learned to code. Raised $400 million at a $13.3 billion valuation on August 12, 2026, double its December 2025 valuation.
- Where is Lovable based, and who owns it?
- Lovable is based in Stockholm, Sweden, was founded in 2023 and is private, Series C.