News
Key Takeaways
- Lovable raised $330M Series B led by CapitalG and Menlo Ventures.
- The platform now enables 100,000+ new projects each day.
- Business teams benefit from faster prototyping, reducing time-to-market.
No-code AI development is attracting massive capital as enterprises race to democratize software creation.
Lovable announced on Dec. 18, 2025, that it raised $330 million in Series B funding at a $6.6 billion valuation. CapitalG and Menlo Ventures' Anthology fund led the round.
Additional investors included NVentures (NVIDIA's venture capital arm), Salesforce Ventures, Databricks Ventures, T.Capital (Deutsche Telekom), Atlassian Ventures and HubSpot Ventures. Khosla Ventures, DST Global, EQT Growth, Kinship Ventures and returning investors Accel, Creandum and Evantic also participated.
According to company officials, the funding will accelerate deeper integrations with productivity tools, enhanced collaboration and governance features and infrastructure for moving products from prototype to production.
Table of Contents
- Planned Investment Areas
- Lovable's Recent Milestones
- The No-Code Gold Rush
- Inside Lovable’s Origin Story
Planned Investment Areas
Lovable outlined several strategic investment areas designed to support its rapid growth and evolving enterprise needs.
- Deeper integration: Expanded connections to Notion, Linear, Jira and Miro.
- Collaboration & governance: Enterprise-grade features for teams of all sizes.
- Production infrastructure: Built-in hosting, databases, authentication and payments.
Related Article: The 8 Biggest Takeaways From the OpenAI State of Enterprise AI Report
Lovable's Recent Milestones
The Swedish AI-coding startup has emerged as one of the fastest-growing enterprise software companies, pushing annual recurring revenue past $200 million. After closing a $200 million Series A in July 2025 at a $1.8 billion valuation, the company's user base approached 8 million by November, with more than half of Fortune 500 firms using its tools.
Earlier this month, Firecrawl integrated its web data extraction technology into Lovable's no-code app builder. The integration allows users to build web scraping applications by describing requirements in plain English.
The No-Code Gold Rush
While no-code and low-code platforms with AI are making major headway in enterprise software development, adoption is outpacing organizational readiness.
Rapid Prototyping Accelerates Pilots
Organizations are leveraging no-code platforms to rapidly prototype AI agents by chaining prompts, APIs and workflows through visual interfaces. IT teams can test use cases without extensive coding.
However, these tools often fail to scale beyond pilots when organizations require advanced functionality like memory, branching logic or deeper reasoning.
Non-Technical Users Drive Innovation
Low-code tools are democratizing development across enterprise departments. Human resources, finance and legal teams are creating tailored workflows using visual drag-and-drop builders and AI-assisted design. Non-technical staff are standing up automation in days that previously took weeks.
"Low-code removes IT bottlenecks and encourages innovation across departments," said Milankumar Rana, software advisor at FedEx. "It helps organizations respond quickly to change without increasing technical debt."
Enterprise Integration Pushes Adoption
Modern AI automation platforms integrate with enterprise applications, including Salesforce, SAP and Workday, shifting from deterministic rule-based processes to dynamic, context-aware automation. Recent data indicates 88% of enterprises plan AI agent initiatives within six months.
Confidence Outpaces Capability
While AI budgets are increasing by more than 10% and pilots are moving into production, enterprise confidence is running ahead of capability. Common challenges include:
- Inconsistent team alignment
- Fragmented data pipelines
- Unclear ownership of AI behavior
- Governance frameworks lacking rigor
The emergence of vibe coding — which allows anyone to create apps with text prompts — is rewriting enterprise development rules.
"Lovable has done something rare: built a product that enterprises and founders both love. The demand we're seeing from Fortune 500 companies signals a fundamental shift in how software gets built."
- Laela Sturdy
Managing Partner, CapitalG
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Inside Lovable’s Origin Story
Lovable, founded in 2023, offers a chat-driven AI platform aimed at non-technical founders, product managers, designers and marketers. The platform enables natural-language-to-code generation, live previews, editable source code, collaborative branching, one-click deployment and integrations with services like Stripe and GitHub.
