Funding round
Lovable Series A
Lovable, which works in AI-Powered software development platform solutions in Stockholm, raised $200M in a Series A round announced on 17 Jul 2025, led by Accel, at a $1.80B post-money valuation. 6 firms took part. It is Lovable's third venture round on record; the one before was a Pre-seed in Feb 2025.
$200M
Amount raised
$1.80B
Post-money valuation
6
Investors
1 lead
11%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Lovable at $1.80B after the new money. The $200M bought investors about 11% of the company. It came 5 months after Lovable's Pre-seed. It is 21% of the $952M Lovable has raised in the venture rounds on record. Lovable raised again 5 months later: a Series B round of $330M in Dec 2025, at $6.60B 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 1 Feb 2025, led by Creandum $15M
- Series A this round 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
Accel led the round with 5 other firms.
Lead investor
- Accel backs 581 venture-backed companies new investor
Also in the round
- 20VC new investor
- backs 50 venture-backed companies new investor
- backs 95 venture-backed companies new investor
- backs 42 venture-backed companies new investor
- backs 42 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,477 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $14M, and this round was 14 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 8 Jul 2025 | $153M | not disclosed | not named |
| Tech Companies | 31 Jul 2025 | $60M | not disclosed | Menlo Ventures and Anthos Capital |
| Tech Companies | 28 Jul 2025 | $60M | not disclosed | Andreessen Horowitz |
| Tech Companies | 18 Jul 2025 | $51M | not disclosed | Khosla Ventures and Inspired Capital |
| Tech Companies | 29 Jul 2025 | $40M | not disclosed | Wing Venture Capital |
| Tech Companies | 31 Jul 2025 | $38M | not disclosed | TQ Ventures |
| Tech Companies | 22 Jul 2025 | $33M | not disclosed | Ten Coves Capital |
| Tech Companies | 22 Jul 2025 | $32M | $300M | Insight Partners |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Lovable raise in its Series A round?
Lovable raised $200M in its Series A round, announced in Jul 2025.
Who led Lovable's Series A round?
Accel led it, with 20VC, byFounders, Creandum, Hummingbird VC and Visionaries Club.
What was Lovable's valuation at the Series A round?
$1.80B post-money.
How does it compare with other Series A rounds in Tech Companies?
1,477 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $14M, and this round was 14 times the median.
Did Lovable raise again after this round?
Yes: a Series B round in Dec 2025 of $330M at $6.60B post-money.