We have revalued Lovable today following the increase in the company's market capitalization. At the time of the previous revaluation—about a quarter ago—it was valued at $13.2 billion; now, that figure stands at $16 billion.
The company has had a remarkable quarter
In July, Lovable was discussing a $300 million funding round, but by August, it had closed a Series C round totaling $400 million. ARR reached $500 million in June, and the company projected it would hit approximately $600 million by the end of August.
The platform itself is also growing: users create around a million new projects on it each week, and its corporate client list includes NVIDIA, Workday, and Asana.
We invested in Lovable in December 2025. Factoring in the revaluation, the position has yielded a return of nearly 9x to date.
Lovable shares are still available in our app.