{"id":3249,"date":"2026-08-12T10:36:54","date_gmt":"2026-08-12T10:36:54","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=3249"},"modified":"2026-08-12T10:36:54","modified_gmt":"2026-08-12T10:36:54","slug":"lovable-doubles-its-valuation-to-13-3-billion-as-investors-place-another-big-bet-on-ai-coding","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=3249","title":{"rendered":"Lovable doubles its valuation to $13.3 billion as investors place another big bet on AI coding"},"content":{"rendered":"
\n

AI software-building startup Lovable has raised $400 million at a $13.3 billion valuation, more than double the $6.6 billion valuation it received in its December funding round.<\/p>\n

Read more Booking\u2019s CEO says AI will have a \u2018human cost\u2019 \u2014 and he wants every employee to be \u2018AI literate\u2019 in case their job goes away<\/a><\/p>\n

Menlo Ventures led the Series C alongside EQT-managed Scaleup Europe Fund in the latest sign of investor appetite for vibe-coding startups. <\/p>\n

The Stockholm-based company’s annual recurring revenue has nearly tripled since December, cofounder and CEO Anton Osika said. <\/p>\n

Read more I was a consultant at BCG who struggled to land a project. Here\u2019s how I turned it around.<\/a><\/p>\n

Lovable disclosed in March that it had reached $400 million in annual recurring revenue, up from $300 million a month earlier and $200 million at the end of 2025.<\/p>\n

In a blog post on Wednesday, Lovable, which helps users build software through natural-language prompts, said more than 60 million projects have been created on its platform since its launch in November 2024.<\/p>\n

Read more Nvidia\u2019s next moat is something chip rivals can\u2019t copy: its giant pile of money<\/a><\/p>\n

This is a developing story. Check back for updates.<\/em><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

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