Vibe coding startup Lovable doubles valuation to $13.3B on $400M raise
Lovable Labs Inc. said today it has raised $400 million in Series C funding at a $13.3 billion valuation. The Swedish artificial intelligence coding startup was worth $6.6 billion in December.
The company sells a vibe coding service. Users describe what they want in plain language and the platform builds it. Hosting is included.
Chief Executive Anton Osika and Fabian Hedin started the company in 2023, though the product did not open to the public until November 2024. Lovable says more than 60 million projects have been built on it since. Those apps draw 900 million visits a month.
Annualized revenue hit $500 million in June, up from $200 million in November 2025. Lovable expects to end August at $600 million.
