According to Sifted and TechCrunch, Lovable is in talks to raise $300 million at a valuation of $13.2 billion. This is exactly double the $6.6 billion raised in its December 2025 Series B round led by CapitalG and Menlo Ventures. Menlo Ventures will reportedly once again lead the new round.
What's behind the revaluation?
In June, the company reached a $500 million annualized revenue run rate, up from $400 million in February, with approximately 146 employees. Enterprise clients include Workday, Asana, and NVIDIA.
We've been positioning in Lovable since its valuation of $1.8 billion. If the round closes on the stated terms, the current valuation will be 7.3 times the entry price.
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