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Lovable to Raise $150 Million at a $2 Billion Valuation

Lovable is an AI-powered no-code platform that allows anyone to create fully functional web applications without writing code. It’s designed to streamline app development for professionals in industries such as tech, finance, and healthcare. With a focus on speed and simplicity, Lovable makes building apps intuitive and accessible.

The company is reportedly raising $150 million in a new funding round that would value it at $2 billion—just months after its pre-Series A. The round is expected to be led by Accel, with participation from Creandum, 20VC, and others.

Lovable, headquartered in Stockholm, Sweden, was founded in 2023 by Anton Osika and Fabian Hedin. The company has rapidly emerged as a category-defining tool in the no-code space, allowing anyone to turn ideas into production-grade apps with ease. With its powerful AI-driven approach and user-friendly design, Lovable is redefining how modern software is built—making app creation faster, more accessible, and available to all.

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