Funding round
Lovable Pre-seed
Lovable, which works in AI-Powered software development platform solutions in Stockholm, raised $15M in a Pre-seed round announced on 1 Feb 2025, led by Creandum. 1 firm took part, with 3 individual investors. It is Lovable's second venture round on record; the one before was a Pre-seed in Oct 2024.
$15M
Amount raised
14,300,000 EUR converted
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Lovable did not disclose a valuation in this round. It came 4 months after Lovable's Pre-seed. It is 1.6% of the $952M Lovable has raised in the venture rounds on record. Lovable raised again 5 months later: a Series A round of $200M in Jul 2025, at $1.80B post-money.
Lovable's funding rounds
Lovable has 5 venture rounds on record. This one is highlighted.
- Pre-seed 7 Oct 2024, led by Hummingbird VC and byFounders $7.5M
- Pre-seed this round 1 Feb 2025, led by Creandum $15M
- Series A 17 Jul 2025, led by Accel $200M$1.80B post-money
- Series B 18 Dec 2025, led by CapitalG and Menlo Ventures $330M$6.60B post-money
- Series C 12 Aug 2026, led by Menlo Ventures, Scaleup Europe Fund and EQT $400M$13.30B post-money
Investors
Who put money in
Creandum led the round.
Lead investor
- backs 95 venture-backed companies new investor
Individual investors: Charlie Songhurst, Adam D’Angelo and Thomas Wolf.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, hiring, scaling operations and working capital.
- Product development
- Hiring
- Scaling operations
- Working capital
Comparable rounds
How it compares
725 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 9.9 times the median. The closest in time, other companies' Pre-seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 18 Feb 2025 | $11M | not disclosed | Founders Fund and Pantera |
| Tech Companies | 12 Feb 2025 | $4.8M | not disclosed | Syndicate Element Holding Group |
| Tech Companies | 14 Feb 2025 | $4.5M | not disclosed | Fuel Venture Capital |
| Tech Companies | 14 Feb 2025 | $3.7M | not disclosed | Fifth Quarter Ventures |
| Tech Companies | 1 Feb 2025 | $3.0M | not disclosed | not named |
| Tech Companies | 4 Feb 2025 | $3.0M | not disclosed | Northzone |
| Tech Companies | 19 Feb 2025 | $3.0M | not disclosed | EQT Ventures |
| Tech Companies | 27 Feb 2025 | $2.5M | not disclosed | Andreessen Horowitz |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Lovable raise in its Pre-seed round?
Lovable raised $15M in its Pre-seed round, announced in Feb 2025.
Who led Lovable's Pre-seed round?
Creandum led it.
What was Lovable's valuation at the Pre-seed round?
It was not disclosed.
How does it compare with other Pre-seed rounds in Tech Companies?
725 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 9.9 times the median.
Did Lovable raise again after this round?
Yes: a Series A round in Jul 2025 of $200M at $1.80B post-money.