Lovable raises $400 million in Series C at $13.3 billion valuation; ARR doubles to $400+ million

Lovable closed a $400 million Series C round at a $13.3 billion valuation in August 2026, led by Menlo Ventures. The company's ARR had grown to $400+ million, and the platform had generated over 60 million projects since its November 2024 public launch, with monthly visits to built apps exceeding 900 million.