Lovable Raises $330M at $6.6B Valuation as AI Development Platform Hits 100K Daily Projects
Summary
AI development platform Lovable secures $330 million Series B funding at $6.6 billion valuation from CapitalG, Menlo Ventures, NVIDIA, and Salesforce as it processes over 100,000 daily projects and helps enterprise clients like Deutsche Telekom and Uber slash development cycles from months to days.
Key Points
- Lovable raises $330 million in Series B funding at a $6.6 billion valuation, led by CapitalG and Menlo Ventures, with participation from NVIDIA, Salesforce, Databricks, and other major venture arms
- The platform sees explosive growth with 100,000+ new projects built daily, 25 million+ total projects created in first year, and half a billion visits to Lovable-built websites and apps in six months
- Enterprise clients like Deutsche Telekom, Klarna, Zendesk, and Uber are using Lovable to reduce development cycles from weeks or months to days, while founders build successful businesses generating millions in revenue