---
title: "AI app-builder Lovable raises $400M at $13.3B valuation"
url: https://www.parallelquant.com/posts/ai-app-builder-lovable-raises-400m-at-13-3b-valuation-66c74d
source_name: "TechCrunch"
source_url: https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/
published: 2026-08-12T16:04:27.000Z
topics: ["products", "business"]
publisher: "Parallel Quant"
---

# AI app-builder Lovable raises $400M at $13.3B valuation

*2026-08-12 · Source: [TechCrunch](https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/)*

Lovable confirmed a new $13.3 billion valuation after raising an additional $400 million. The vibe-coding startup said it hit $500 million in annualized run-rate revenue in June.

**Why it matters:** Lovable's valuation and revenue growth show how fast AI app-building tools have moved from novelty to real revenue businesses, alongside similar surges at competitors like Cognition and Cursor. It's a signal that investors see AI-assisted software creation as one of the clearer near-term monetization paths for large language models.

**Topics:** products, business

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Read the original: https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/
Canonical: https://www.parallelquant.com/posts/ai-app-builder-lovable-raises-400m-at-13-3b-valuation-66c74d
Published by Parallel Quant — https://www.parallelquant.com