TermSheet

Lovable

AI app builder that turns plain-language ideas into apps and websites.

Series BStockholm, Sweden

Cumulative raised across 3 rounds, totaling $538M.

Fundraising history.

Cumulative raised$538MOct 2024 to Dec 2025 · 3 rounds
Oct 2024Jul 2025Dec 2025
  1. Pre-Seed — $7.5M

    Oct 2024

    Pre-seed round for the Stockholm-based GPT Engineer/Lovable platform.

    Led by Hummingbird, byFounders · with Mattias Miksche, Bjarke Klinge Staun, Siavash Ghorbani, Fredrik Hjelm +1

    Source ↗
  2. Series A — $200M

    Jul 2025

    $1.8B

    Series A round valuing Lovable at $1.8B, led by Accel.

    Led by Accel · with 20VC, byFounders, Creandum, Hummingbird +2

    Source ↗
  3. Series B — $330M

    Dec 2025

    $6.6B

    Series B round at a $6.6B valuation, led by CapitalG and Menlo Ventures.

    Led by CapitalG, Menlo Ventures · with Khosla Ventures, DST Global, EQT Growth, NVentures +8

    Source ↗

AI app builder that turns plain-language ideas into apps and websites.

Lovable is an AI software creation platform for builders who want to prototype, iterate, and ship production-grade apps by describing what they want in natural language.

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