Lovable Raises $300 Million in Menlo Ventures-Led Round at $13.2 Billion Valuation
aiai-fundraisingbusinessvc 1 posts · 1 accounts
Lovable is in talks to raise $300 million in a funding round led by Menlo Ventures, valuing the company at $13.2 billion.
The transaction follows the startup reporting that it recently surpassed $500 million in annual recurring revenue. Details were first reported by Sifted, with further coverage provided by Frontiers and Maya. The deal has not yet closed.
From the sources (1 posts)
@sebjohnsonukBREAKING: @Lovable is in talks to raise $300m at a $13.2bn valuation! The company recently surpassed $500m ARR. @Siftedeu have now reported that the company is raising a round led by Menlo Ventures at a $13.2bn valuation. Full article f