Lovable has raised $330 million in Series B funding at a $6.6 billion valuation to expand its AI-powered platform for building and launching software without traditional engineering work. The round was led by CapitalG and Menlo Ventures’ Anthology fund, with participation from NVentures, Salesforce Ventures, Databricks Ventures, T.Capital, Atlassian Ventures, HubSpot Ventures, and others, alongside returning investors Accel and Creandum. Lovable allows users to move from idea to working application through natural-language prompts, supporting both internal enterprise tools and customer-facing products.
The company reports rapid adoption, with more than 25 million projects created in its first year and over 100,000 new projects built daily. Enterprises including Deutsche Telekom and Klarna use Lovable to replace early specifications and slide decks with functional prototypes, shortening development cycles from weeks to days, while individual founders have launched revenue-generating products without dedicated engineering teams. The new funding will support deeper integrations with existing enterprise tools, expanded collaboration and governance features, and infrastructure designed to help teams move applications from prototype into production.