Lovable Reportedly in Talks for Additional Funding at a $13.2 Billion Valuation

According to a TechCrunch report, vibe-coding service Lovable is in talks for a $300 million funding round led by Menlo Ventures, which if completed would value the company at $13.2 billion. That would be exactly double the $6.6 billion valuation from its Series B in December 2025.

Details

• Expected raise and valuation: Raising $300 million at a $13.2 billion valuation (double the previous $6.6 billion)
• Lead investor (per reports): Reportedly led by Menlo Ventures
• Business backdrop: Annualized recurring revenue (ARR) is reported to have reached $500 million as of June 2026
• Notable customers: Major enterprises cited as customers include Workday, Asana, and NVIDIA
• Position within the industry: The “vibe coding” space is considered one of the most popular and profitable areas of AI adoption, and is referenced alongside competitors such as Replit (valued at $9 billion) and Factory (valued at $1.5 billion)

How to try it

This is a report about funding negotiations that have not yet been formally finalized. Lovable’s service itself remains available as usual at lovable.dev.