Funding round
Lovable Series B
Lovable, which works in AI-Powered software development platform solutions in Stockholm, raised $330M in a Series B round announced on 18 Dec 2025, led by CapitalG and Menlo Ventures, at a $6.60B post-money valuation. 15 firms took part. It is Lovable's fourth venture round on record; the one before was a Series A in Jul 2025.
$330M
Amount raised
$6.60B
Post-money valuation
$6.27B pre-money
15
Investors
2 leads
3.7x
Step-up from the Series A
$1.80B in Jul 2025
5.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Lovable at $6.60B after the new money, 3.7 times the $1.80B of its Series A (Jul 2025). The $330M bought investors about 5.0% of the company. It came 5 months after Lovable's Series A. It is 35% of the $952M Lovable has raised in the venture rounds on record. Lovable raised again 8 months later: a Series C round of $400M in Aug 2026, at $13.30B 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 17 Jul 2025, led by Accel $200M$1.80B post-money
- Series B this round 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
CapitalG and Menlo Ventures led the round with 13 other firms.
Lead investors
- CapitalG backs 70 venture-backed companies new investor
- Menlo Ventures backs 215 venture-backed companies new investor
Also in the round
- NVentures new investor
- Salesforce Ventures backs 314 venture-backed companies new investor
- Databricks Ventures new investor
- backs 25 venture-backed companies new investor
- Atlassian Ventures new investor
- HubSpot Ventures new investor
- Khosla Ventures backs 396 venture-backed companies new investor
- DST Global backs 179 venture-backed companies new investor
- EQT backs 99 venture-backed companies new investor
- backs 5 venture-backed companies new investor
- Accel backs 581 venture-backed companies new investor
- backs 95 venture-backed companies new investor
- Evantic new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
593 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $37M, and this round was 8.9 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Saviynt Tech Companies | 9 Dec 2025 | $700M | $3.00B | KKR |
| Tech Companies | 16 Dec 2025 | $81M | not disclosed | Bain Capital Ventures |
| Tech Companies | 11 Dec 2025 | $75M | $1.00B | Sequoia Capital |
| Tech Companies | 8 Dec 2025 | $62M | not disclosed | Mawer Investment Management Ltd. and Edgepoint Wealth Management Inc. |
| Tech Companies | 9 Dec 2025 | $60M | not disclosed | Susquehanna Growth Equity |
| Tech Companies | 9 Dec 2025 | $40M | not disclosed | Visionaries Club and 20VC |
| Tech Companies | 2 Dec 2025 | $40M | $300M | WestBridge Capital |
| Tech Companies | 15 Dec 2025 | $37M | $300M | Salesforce Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Lovable raise in its Series B round?
Lovable raised $330M in its Series B round, announced in Dec 2025.
Who led Lovable's Series B round?
CapitalG and Menlo Ventures led it, with NVentures, Salesforce Ventures, Databricks Ventures, T. Capital and Atlassian Ventures and 8 more.
What was Lovable's valuation at the Series B round?
$6.60B post-money ($6.27B pre-money).
How does it compare with other Series B rounds in Tech Companies?
593 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $37M, and this round was 8.9 times the median.
Did Lovable raise again after this round?
Yes: a Series C round in Aug 2026 of $400M at $13.30B post-money.