Lovable, a Stockholm-based AI software startup, has closed a $330 million Series B funding round led by CapitalG and Menlo Ventures, valuing the company at $6.6 billion just five months after its previous raise. Additional participants included Khosla Ventures, Salesforce Ventures, and Databricks Ventures.
Founded in 2024 and led by co-founder and CEO Anton Osika, Lovable develops a “vibe-coding” platform that enables users to build complete applications using natural-language prompts. The company surpassed $100 million in annual recurring revenue within eight months, doubling to more than $200 million ARR shortly thereafter. Customers include Klarna, Uber, and Zendesk.
The new capital will support enterprise features, deeper third-party integrations, and expanded infrastructure to power full-scale AI-built applications.
Featured image: Credit: Lovable
