Lovable raises $330M to accelerate the Rise of the Builder Economy

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Lovable raises $330M to accelerate the Rise of the Builder Economy
© Lovable

Lovable has secured $330 million in Series B funding at a $6.6 billion valuation, marking one of the largest growth rounds in the no-code and AI-assisted development space to date. The round was led by CapitalG and Menlo Ventures’ Anthology Fund.

Additional investors include NVentures (NVIDIA’s venture arm), Salesforce Ventures, Databricks Ventures, T.Capital (Deutsche Telekom), Atlassian Ventures, HubSpot Ventures, Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, alongside returning backers Accel, Creandum, and Evantic.

Powering A New Class Of Builders

Lovable was created to enable people with ideas but without traditional engineering skills to build real software products. What began as a tool for non-technical creators has evolved into a platform used by professionals across product, marketing, operations, healthcare, design, and entrepreneurship.

This shift has given rise to a new category of users the company refers to as builders. These include product managers creating live prototypes, marketers bypassing engineering bottlenecks, operators replacing legacy internal tools, clinicians visualising workflows, creatives launching commerce-enabled websites, and founders turning side projects into scalable businesses.

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Scale Of Adoption And Usage

Usage across the platform has grown rapidly over the past year:

• More than 100,000 new projects are created on Lovable every day
• Over 25 million projects have been built in its first year
• Lovable-powered websites and apps recorded more than 500 million visits in the last six months
• Daily traffic across Lovable-built products now exceeds 6 million visits

How Enterprises Are Using Lovable

Large organisations are increasingly using Lovable to compress development cycles and move from ideas to decisions faster.

At a major ERP provider, teams replaced documentation-heavy workflows with live prototypes, cutting project timelines from four weeks to four days and reducing team size from 20 people to four. Today, around 75 percent of the company’s front end is generated using Lovable.

A global ridesharing and delivery platform reduced concept testing from six weeks to five days, enabling non-UX staff to build complete flow demos. In one case, a product manager created a working prototype in 30 minutes, replacing a process that previously took three months.

Deutsche Telekom uses Lovable to rapidly align stakeholders on UI decisions, shrinking development cycles from months to days by demonstrating functional products early.

Zendesk has also adopted the platform, with its product leadership noting that ideas now move from concept to working prototype in hours instead of weeks.

Shipping Production-Ready Products

Lovable is being used not just for prototyping, but for shipping live products.

In healthcare, a nurse at a large provider built an app to visualise patient journeys, which is now included with invoices as standard. A global professional services firm has replaced slide decks with interactive prototypes for competitive bids, targeting major efficiency gains. A leading human capital management company rebuilt onboarding tools in days, adding task tracking, progress monitoring, and AI support.

Uber AI teams use Lovable to quickly move from idea to decision by building interactive experiences with minimal friction.

Team-Wide Adoption Across Organisations

Some companies are rolling Lovable out across entire teams and functions.

Professional services firms are using it across strategy, life sciences, and innovation groups. A consumer health technology company runs both product experiments and internal onboarding dashboards on the platform, supporting wearables development and employee workflows.

At Deutsche Telekom, leadership views Lovable as part of a broader shift in how large organisations build and validate products in an AI-driven environment.

Founders Building New Businesses

Beyond enterprises, Lovable is enabling founders to launch and scale companies quickly.

Examples include an AI-powered fashion platform reaching $800,000 ARR within nine months, a healthcare staffing platform generating $1 million ARR in five months, and multiple solo founders building profitable SaaS businesses within weeks. Several Lovable-built startups have gone on to raise venture funding, including acceptance into Y Combinator.

What The New Funding Enables

The new capital will accelerate development across three main areas:

• Deeper integrations with tools such as Notion, Linear, Jira, and Miro to ensure existing context flows directly into product creation
• Expanded collaboration, security, and governance features to support organisation-wide adoption
• Continued investment in infrastructure that supports production-ready products, including hosting, databases, authentication, and payments

Lovable is positioning itself as a full stack for building and shipping software, not just a prototyping layer.

Investor Perspective

Investors see Lovable as a platform reshaping how software is created.

CapitalG highlights strong demand from Fortune 500 companies as evidence of a structural shift in software development. Menlo Ventures points to Lovable’s ability to unlock a massive, previously untapped market of non-technical builders. Kinship Ventures emphasises the confidence and speed the platform gives founders, allowing ideas to become working products almost instantly.

Entering The Builder Era

Lovable’s growth reflects a broader transformation in who gets to build software. As AI lowers technical barriers, creation is shifting from a narrow group of specialists to millions of professionals, creators, and founders.

The company sees this moment as the beginning of a long-term shift, where building software becomes as accessible as writing or designing, and where ideas move to reality faster than ever before.

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