Lovable confirms new $13.3B valuation, raises another $400M
TechCrunch AI Julie Bort August 12, 2026

AI Summary— plain English for professionals
# Lovable Raises $400M at $13.3B Valuation Lovable, an AI startup that helps people build software applications, just raised $400 million in new funding and is now valued at $13.3 billion. The company is growing rapidly—it's making about $500 million per year in revenue, which shows investors believe in its business model. This funding round reflects how much interest there is in AI tools that can speed up software development.
This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.
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