Lovable, the Swedish AI startup revolutionizing app development through “vibe-coding,” has secured $330 million in a Series B funding round, catapulting its valuation to $6.6 billion. The December 2025 deal, led by CapitalG and Menlo Ventures’ Anthology fund, more than triples the company’s $1.8 billion valuation from its July Series A.
Key backers include NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures, Atlassian Ventures, HubSpot Ventures, Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, plus returning investors Accel and Creandum. Founded in 2024 and headquartered in Stockholm, Lovable lets non-technical users build full applications via text prompts, powering projects for Klarna, Uber, and Zendesk.
The company achieved $100 million in annual recurring revenue within eight months, doubling to over $200 million soon after, with 25 million projects created and 100,000 new ones daily. Funds will drive integrations with tools like Notion and Jira, bolster enterprise features for collaboration and security, and expand U.S. offices in San Francisco and Boston.
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