# Lovable funding: rounds and investors

> Lovable has raised $1.4B across 5 rounds since 2025. Investors include Accel, Menlo Ventures and Creandum. Every round with its source.

Source: https://millionrounds.com/company/lovable (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Lovable*

5 rounds we have observed, with the 35 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Developer Tools Internet Software

Raised 3 months ago

Follow Lovable and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Flovable)

Funding summary Updated 5 Nov 2026

**$1.4B** raised across 5 rounds since 2025, from 13 sources

**$330M** Series B **$300M** Round **$400M** Series C

- **Latest round:** Series C, $400M Aug 2026
- **Led by:** Menlo Ventures and Scaleup Europe Fund and 1 more
- **Step-up i:** 1.3×
- **Investors:** 35 (6 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$150M** Growth

**$200M** Series A

**$330M** Series B

**$300M** Round

**$400M** Series C

- **First round:** Growth, $150M
- **Biggest round:** $400M
- **Usual gap between rounds:** 5 months

## The rounds

- **Aug 2026** Series C **$400M** *10 new* *8 returning* [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) Lead [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) Lead [EQT's Scaleup Europe Fund](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund) Lead [Accel](https://millionrounds.com/fund/accel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Antler](https://millionrounds.com/fund/antler) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [DST Global](https://millionrounds.com/fund/dst-global) [Kaszek Ventures](https://millionrounds.com/fund/kaszek) [World Innovation Lab Wil](https://millionrounds.com/fund/wil-world-innovation-lab) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [CapitalG](https://millionrounds.com/fund/capitalg) [Evantic Capital](https://millionrounds.com/fund/evantic-capital) [Carmignac](https://millionrounds.com/fund/carmignac) [LTS Growth](https://millionrounds.com/fund/lts-growth) [REGENT](https://millionrounds.com/fund/regent) Reported by Menlo Ventures and 3 others SEC filing: $382M sold
- **Jul 2026** Round **$300M** *1 returning* [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) Lead Also list them on their own site [Handmade Ventures](https://millionrounds.com/fund/handmade-ventures) Reported by TechCrunch SEC filing: $382M sold
- **Dec 2025** Series B **$330M** *15 new* *3 returning* [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) Lead [CapitalG](https://millionrounds.com/fund/capitalg) Lead [Menlo Ventures Anthology](https://millionrounds.com/fund/menlo-ventures-anthology) Lead [Accel](https://millionrounds.com/fund/accel) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Antler](https://millionrounds.com/fund/antler) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Creandum](https://millionrounds.com/fund/creandum) [DST Global](https://millionrounds.com/fund/dst-global) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [EQT](https://millionrounds.com/fund/eqt) [NVentures](https://millionrounds.com/fund/nventures) [Databricks](https://millionrounds.com/fund/databricks) [Atlassian](https://millionrounds.com/fund/atlassian-ventures) [Evantic](https://millionrounds.com/fund/evantic) [T Capital](https://millionrounds.com/fund/t-capital-2) [Kinship Ventures, LLC](https://millionrounds.com/fund/kinship-ventures) [EQT Global](https://millionrounds.com/fund/eqt-global) Reported by TechCrunch and 3 others SEC filing: $425M sold, first sale Dec 2025
- **Jul 2025** Series A **$200M** *7 new* *3 returning* [Accel](https://millionrounds.com/fund/accel) Lead [Creandum](https://millionrounds.com/fund/creandum) [20VC](https://millionrounds.com/fund/20vc) [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) [ByFounders](https://millionrounds.com/fund/byfounders) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [Visionaries Club](https://millionrounds.com/fund/visionaries-club) [Stewart Butterfield](https://millionrounds.com/fund/stewart-butterfield) [Sebastian Siemiatkowski](https://millionrounds.com/fund/sebastian-siemiatkowski) [Job van der Voort](https://millionrounds.com/fund/job-van-der-voort) Reported by Crunchbase News and 2 others SEC filing: $193M sold, first sale Jun 2025
- **Jul 2025** Growth **$150M** *3 new* [Accel](https://millionrounds.com/fund/accel) Lead [Creandum](https://millionrounds.com/fund/creandum) [20VC](https://millionrounds.com/fund/20vc) Also list them on their own site [Klaradal](https://millionrounds.com/fund/klaradal) Reported by TechCrunch SEC filing: $193M sold, first sale Jun 2025

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Growth** 2025 **Series A** 2025 **Series B** 2025 **Round** 2026 **Series C** 2026 [Accel](https://millionrounds.com/fund/accel) L L [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) L L L [Creandum](https://millionrounds.com/fund/creandum) [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) [CapitalG](https://millionrounds.com/fund/capitalg) L [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Antler](https://millionrounds.com/fund/antler) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [DST Global](https://millionrounds.com/fund/dst-global) [20VC](https://millionrounds.com/fund/20vc)

## Everyone who backed them

[Accel](https://millionrounds.com/fund/accel) VC firm **4** rounds, led 2

[Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **3** rounds, led 3

[Creandum](https://millionrounds.com/fund/creandum) VC firm **3** rounds

[HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) Corporate VC **3** rounds

[CapitalG](https://millionrounds.com/fund/capitalg) Corporate VC **2** rounds, led 1

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **2** rounds

[Antler](https://millionrounds.com/fund/antler) VC firm **2** rounds

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **2** rounds

[DST Global](https://millionrounds.com/fund/dst-global) Private equity **2** rounds

[20VC](https://millionrounds.com/fund/20vc) VC firm **2** rounds

[Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) Growth equity **1** round, led 1

[EQT's Scaleup Europe Fund](https://millionrounds.com/fund/eqt-s-scaleup-europe-fund) Growth equity **1** round, led 1

[Menlo Ventures Anthology](https://millionrounds.com/fund/menlo-ventures-anthology) VC firm **1** round, led 1

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round

[Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **1** round

[Kaszek Ventures](https://millionrounds.com/fund/kaszek) VC firm **1** round

[Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) VC firm **1** round

[World Innovation Lab Wil](https://millionrounds.com/fund/wil-world-innovation-lab) VC firm **1** round

[ByFounders](https://millionrounds.com/fund/byfounders) VC firm **1** round

[Visionaries Club](https://millionrounds.com/fund/visionaries-club) VC firm **1** round

[EQT](https://millionrounds.com/fund/eqt) Private equity **1** round

[NVentures](https://millionrounds.com/fund/nventures) Corporate VC **1** round

[Stewart Butterfield](https://millionrounds.com/fund/stewart-butterfield) Angel **1** round

[Databricks](https://millionrounds.com/fund/databricks) Corporate VC **1** round

[Evantic Capital](https://millionrounds.com/fund/evantic-capital) VC firm **1** round

[Atlassian](https://millionrounds.com/fund/atlassian-ventures) Investment firm **1** round

[Evantic](https://millionrounds.com/fund/evantic) VC firm **1** round

[Sebastian Siemiatkowski](https://millionrounds.com/fund/sebastian-siemiatkowski) Angel **1** round

[T Capital](https://millionrounds.com/fund/t-capital-2) VC firm **1** round

[Carmignac](https://millionrounds.com/fund/carmignac) Growth equity **1** round

[Kinship Ventures, LLC](https://millionrounds.com/fund/kinship-ventures) VC firm **1** round

[EQT Global](https://millionrounds.com/fund/eqt-global) Growth equity **1** round

[Job van der Voort](https://millionrounds.com/fund/job-van-der-voort) Angel **1** round

[LTS Growth](https://millionrounds.com/fund/lts-growth) Growth equity **1** round

[REGENT](https://millionrounds.com/fund/regent) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lovable).

## Also claim to have backed them

These 40 firms list Lovable as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[SaaS Ventures](https://millionrounds.com/fund/saas) VC firm Per its own site

[AIX Ventures](https://millionrounds.com/fund/aix-ventures) VC firm Per its own site

[J12 Ventures](https://millionrounds.com/fund/j12) VC firm Per its own site

[Big Bang Ventures](https://millionrounds.com/fund/big-bang-ventures) VC firm Per its own site

[Steve Blank](https://millionrounds.com/fund/steve-blank) Angel Per its own site

[QuantumLight](https://millionrounds.com/fund/quantumlight) VC firm Per its own site

[Emblem](https://millionrounds.com/fund/emblem) VC firm Per its own site

[Further Than Capital](https://millionrounds.com/fund/further-than-capital) VC firm Per its own site

[Handmade Ventures](https://millionrounds.com/fund/handmade-ventures) Angel network 2026, per its site

[Firestreak Ventures](https://millionrounds.com/fund/firestreak-ventures) VC firm Per its own site

[Mandala Space Ventures](https://millionrounds.com/fund/mandala-space-ventures) VC firm Per its own site

[Powerset](https://millionrounds.com/fund/powerset) VC firm Per its own site

[Tenacity Capital](https://millionrounds.com/fund/tenacity-capital-2) VC firm Per its own site

[American Infrastructure Partners](https://millionrounds.com/fund/american-infrastructure-partners) Private equity Per its own site

[Anthropy Partners, LLC](https://millionrounds.com/fund/anthropy-partners-llc) VC firm Per its own site

[Basecamp Fund](https://millionrounds.com/fund/basecamp-fund) VC firm Per its own site

[Cosmic Venture Partners](https://millionrounds.com/fund/cosmic-venture-partners) VC firm Per its own site

[DVRGNT Ventures](https://millionrounds.com/fund/dvrgnt-ventures) VC firm Per its own site

[Elora Capital](https://millionrounds.com/fund/elora-capital) VC firm Per its own site

[Emerging V C](https://millionrounds.com/fund/emerging-v-c) VC firm Per its own site

[Festina](https://millionrounds.com/fund/festina) VC firm Per its own site

[First Rays Venture Partners](https://millionrounds.com/fund/first-rays-venture-partners) VC firm Per its own site

[Foundt Capital](https://millionrounds.com/fund/foundt-capital) VC firm Per its own site

[GRAND PAIR](https://millionrounds.com/fund/grand-pair) Family office Per its own site

[Jubile Tech Incubator](https://millionrounds.com/fund/jubile-tech-incubator) Incubator Per its own site

[Klaradal](https://millionrounds.com/fund/klaradal) Family office 2025, per its site

[Lifescience Ventures](https://millionrounds.com/fund/lifescience-ventures) Venture studio Per its own site

[Newland Syndicate](https://millionrounds.com/fund/newland-syndicate) Angel network Per its own site

[ODC Ventures](https://millionrounds.com/fund/odc-ventures) Family office Per its own site

[Seagate Ventures](https://millionrounds.com/fund/seagate-ventures) Family office Per its own site

[Seier Capital](https://millionrounds.com/fund/seier-capital) VC firm Per its own site

[Spark+ Africa Fund](https://millionrounds.com/fund/spark-africa-fund) Private credit Per its own site

[SparkLabs Saudi Arabia](https://millionrounds.com/fund/sparklabs-saudi-arabia) Accelerator Per its own site

[StartFast Ventures](https://millionrounds.com/fund/startfast-ventures) VC firm Per its own site

[Tesonet](https://millionrounds.com/fund/tesonet) Corporate VC Per its own site

[The Garage Syndicate](https://millionrounds.com/fund/the-garage-syndicate) VC firm Per its own site

[VAROSSIEAU&CO.](https://millionrounds.com/fund/varossieau-ventures) Family office Per its own site

[Venture Club Latam](https://millionrounds.com/fund/venture-club-latam) VC firm Per its own site

[We Are Jane](https://millionrounds.com/fund/we-are-jane) VC firm Per its own site

[West Herr Ventures](https://millionrounds.com/fund/west-herr-ventures) Corporate VC Per its own site

## Quick answers about Lovable

### Who invested in Lovable?

Lovable's investors include Accel, Menlo Ventures, Creandum, HubSpot Ventures and CapitalG, and 30 more on record. Menlo Ventures led its latest round.

### How much has Lovable raised?

Lovable has raised $1.4B across 5 rounds since 2025.

### When did Lovable last raise?

Lovable's most recent round was a Series C of $400M in Aug 2026, led by Menlo Ventures.

### What was Lovable's biggest round?

Its most recent round, $400M in Aug 2026, is also its largest on record.

### Who backed Lovable first?

Lovable's first round on record, in Jul 2025, was backed by Accel, Creandum and 20VC.

### What stage is Lovable at?

Lovable's latest named round is a Series C, in Aug 2026.

### Where is Lovable based?

Lovable is based in Sweden.

### Who led Lovable's rounds?

Accel led the Growth in 2025; Menlo Ventures led the Series B in 2025.

## Companies like Lovable

In the same sector, and raised in the last eighteen months.

[**Tandem Health** $150M · Nov 2026](https://millionrounds.com/company/tandem-health)[**Sortrace** $800K · Nov 2026](https://millionrounds.com/company/sortrace)[**Emfas** Oct 2026](https://millionrounds.com/company/emfas)[**Holyvolt** $45M · Oct 2026](https://millionrounds.com/company/holyvolt)[**Legora** $1.3B · Oct 2026](https://millionrounds.com/company/legora)[**MAIA Universe** $1.1M · Oct 2026](https://millionrounds.com/company/maia-universe)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
