The AI app-building startup confirmed new funding at a $13.3 billion valuation months after crossing half a billion dollars in annualized revenue.
Lovable told TechCrunch it raised $400 million at a $13.3 billion valuation, following the company's climb to $500 million in annualized run-rate revenue in June. That revenue milestone is rare for a company at this stage of the AI buildout, giving the round unusually solid fundamentals.
The raise underscores how AI-native app builders and 'vibe coding' platforms have moved from novelty to serious revenue businesses, now competing directly with established SaaS and developer-tool incumbents.
Lovable's revenue-to-valuation ratio gives investors a rare benchmark for separating hype from fundamentals in AI-native startups. For operators, it signals no-code AI builders are now credible enterprise infrastructure worth real budget allocation, not just prosumer tools.
The daily signal, curated. Get it in your inbox.
Subscribe on LinkedIn →