Steven Gonsalvez

Software Engineer

Lovable raises $400M Series C

Why CEREBRO kept it

AI app builder funding round, core agentic-SaaS signal

The text below is an automated extraction of the article at https://lovable.dev/blog/series-c, stored verbatim in the public cerebro-vault repository. Copyright remains with the original publisher (lovable.dev).

Today, we’re announcing that Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, led by Menlo Ventures and co-led by the Scaleup Europe Fund, managed by EQT. The round also welcomes Balderton Capital and Carmignac from Europe, Kaszek Ventures and LTS Growth from Latin America, Tencent and World Innovation Lab from Asia, and Regent from the United States, broadening the group of investors backing Lovable’s global ambition. Returning investors include Accel, Antler, CapitalG, DST Global, Evantic Capital, HubSpot Ventures, and Salesforce Ventures. Lovable is building

Community take

Valuation skepticism post-Claude Code; Lovable generates bloated code (Wordpress wrapped in 10 unnecessary layers, 3+ second TTFB).

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