AI coding startup Lovable raises $400 million in new funding, reaching a valuation of $13.3 billion, as investors place another bet on its AI-driven software development tools.
The company’s financial momentum is cited as the main driver of the round. Business Insider reports that Lovable’s ARR nearly triples over an eight-month period. NDTV says its annual recurring revenue rises from $200 million and that Lovable expects to reach roughly $600 million in ARR by the end of August.
While both outlets focus on the same headline valuation and funding size, they provide slightly different time framing and emphasis: Business Insider highlights the near-tripling of ARR in eight months, whereas NDTV adds a specific current ARR figure and an end-of-August ARR target. Neither source includes details on the investors’ identities, deal terms beyond valuation and amount, or product or market metrics beyond ARR.
