🚀 Lovable Secures $330M Series B Funding to Transform Software Creation
Lovable, the innovative Swedish vibe-coding startup, recently raised $330 million in a Series B round, achieving a remarkable $6.6 billion valuation. This funding, led by CapitalG and Menlo Ventures, underscores the company’s rapid growth trajectory.
Key Highlights:
- Staggering Growth: Lovable skyrocketed from $1 million to $200 million in ARR in just one year.
- Empowering the 99%: Founded in 2023, Lovable democratizes software creation for non-coders, addressing common pain points in the tech sector.
- Cutting-Edge Technology: Integrates advanced AI to generate apps swiftly, enhancing productivity.
With plans for U.S. expansion in Boston and San Francisco, Lovable aims to revolutionize how Fortune 500 companies approach software development.
Laela Sturdy of CapitalG notes the product’s extraordinary appeal across different sectors.
🔗 Join the conversation and share your thoughts on Lovable’s game-changing approach!
