Monthly roundup · Software · August 2026

Software startup funding, August 2026: Lovable's $400M Series C leads 18 rounds

By Millionrounds ResearchPublished 1 September 2026Updated 16 October 2026

We read 18 equity rounds in Software announced in August 2026, raising $1.1B between them: 8% of all the rounds we read that month and 4% of the money. The largest was Lovable's $400M Series C, led by Menlo Ventures and Scaleup Europe Fund. The median seed round was $1.0M, against $5.0M over the last twelve months in Software; at Series A it was $36M. Menlo Ventures led the most rounds, with 2.

Equity rounds18in Software, 17 with an amount
Raised$1.1Bacross those rounds
Lead named72%of rounds say who led
Share of the month8%of rounds; 4% of the money

The biggest rounds

  1. 1LovableSeries C · Sweden · led by Menlo Ventures, Scaleup Europe Fund$400M
  2. 2WWisprSeries B · United States · led by Menlo Ventures$280M
  3. 3Emerald AISeries A · United States · led by DCVC, Energize Capital$150M
  4. 4SSmack TechnologiesSeries B · United States$61M
  5. 5OceanloopGrowth · Germany · led by Hatch Blue's Blue Revolution Fund$45M
  6. 6LLinerSeries A · United States$36M
  7. 7RundooSeries B · United States · led by Battery Ventures$30M
  8. 8FSH TechnologiesGrowth · United States · led by Acrew Capital, Lachy Groom$25M
  9. 9RRunableSeries A · India · led by Nexus Venture Partners, Susquehanna Asia Venture Capital$21M
  10. 10FFactbirdGrowth · Denmark · led by Verdane$16M

Day by day

Equity rounds in Software announced each day of August. The busiest day was 18 August, with 3.

1 August31 August

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Pre-seed4$2.5Mthis month$2.0M12 months here
Seed3$1.0Mthis month$5.0M12 months here
Series A3$36Mthis month$18M12 months here
Series B3$61Mthis month$50M12 months, all sectors
Series C1$400Mthis month$100M12 months, all sectors
Growth4$25Mthis month$113M12 months, all sectors

The most active leads

Firms that led two or more of the month's rounds in Software.

Where

United States had the most Software rounds this month.

Against the month

  • Rounds, Software18
  • Rounds, all sectors220
  • Raised, Software$1.1B
  • Raised, all sectors$25B

The whole of August 2026

Other sectors in August

117 roundsAI→32 roundsFintech→24 roundsRobotics→21 roundsConstruction→18 roundsHealthcare→17 roundsEnergy→14 roundsLogistics→14 roundsBig Data & Analytics→13 roundsDefence Tech→12 roundsEnterprise Software→12 roundsCloud→11 roundsCleantech→11 roundsBiotech→11 roundsCybersecurity→10 roundsClimate Tech→