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13 Aug 2026, 12:04 AMTechCrunch6.5 Lovable confirms new $13.3B valuation, raises another $400M

Lovable raised $400M in a Series C at a $13.3B valuation, up from $6.6B in December, after hitting $500M annualized run rate revenue in June. The platform now hosts 60 million projects with 900 million monthly visitors, signed a multiyear Google Cloud deal with fivefold increased usage, and offers its own in-house trained AI model alongside frontier model options.

Why: The $500M ARR and 900M monthly visitors signal that vibe-coding tools have reached mainstream scale, not just hype—if you build developer-facing tooling or AI agents, expect users to compare your UX against Lovable's. The in-house model detail is worth noting: it suggests margin pressure from frontier API costs is pushing even well-funded startups to train their own models, which affects build-vs-buy decisions for anyone shipping AI-powered coding tools.

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