According to four sources cited by Forbes, Lovable is in talks for new funding at a $12 billion valuation.
If the deal goes through, the Stockholm startup’s valuation would almost double from $6.6 billion in December 2025, after reaching $400 million in annual recurring revenue.
The terms are not final yet, and a company spokesperson did not confirm any details about the upcoming funding round.
Lovable was valued at $6.6 billion in December 2025. Now, according to four sources cited by Forbes, the company is negotiating a round that could almost double that figure.
Vibe coding is gaining traction, with the global low-code and no-code platform market projected to grow from $48.91 billion in 2026 to $376.92 billion by 2034. Investors are looking for companies ready for this change, and Lovable is among the fastest-growing.
