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Stockreport

Vibe-coding startup Lovable raises $330M at a $6.6B valuation [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Stockholm-based Lovable on Thursday said it had raised $330 million in a Series B funding round that was led by CapitalG and Menlo Ventures, at a $6.6 billion valuation. Khosla Ventures, Salesforce Ventures and Databricks Ventures also participated, as did other investors. This raise comes mere months after Lovable raised a $200 million Series A round that valued the company at $1.8 billion in July. One of the quickest to capitalize on the AI boom, Lovable has built a “vibe-coding” tool that lets people use text prompts to write code and build complete apps. The company launched in 2024, and has grown blazing fast: it reached the vaunted $100 million ARR milestone within eight months, and just four months later, doubled that to surpass $200 million in annual recurring revenue The company counts major software names like Klarna, Uber and Zendesk as customers, and claims that more than 100,000 new projects are built on its platform every day, and more than 25 million projects wer [Read more]
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Stockreport

Vibe-coding startup Lovable raises $330M at a $6.6B valuation [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Stockholm-based Lovable on Thursday said it had raised $330 million in a Series B funding round that was led by CapitalG and Menlo Ventures, at a $6.6 billion valuation. Khosla Ventures, Salesforce Ventures and Databricks Ventures also participated, as did other investors. This raise comes mere months after Lovable raised a $200 million Series A round that valued the company at $1.8 billion in July. One of the quickest to capitalize on the AI boom, Lovable has built a “vibe-coding” tool that lets people use text prompts to write code and build complete apps. The company launched in 2024, and has grown blazing fast: it reached the vaunted $100 million ARR milestone within eight months, and just four months later, doubled that to surpass $200 million in annual recurring revenue The company counts major software names like Klarna, Uber and Zendesk as customers, and claims that more than 100,000 new projects are built on its platform every day, and more than 25 million projects wer [Read more]
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