Lovable just raised $400M Series C at $13.3B valuation—doubling in 8 months.

The AI coding platform launched Nov 2024. In 12 months:
• 60M projects created
• 900M monthly visits
• Reached 2/3 of Fortune 500
• $500M+ annualized revenue

How they did it:
1. Wedge: Removed friction from app building (no code required)
2. Viral adoption: Builders monetizing their own projects (8 in 10 building for revenue)
3. Enterprise expansion: Teams inside Adidas, NVIDIA, Deutsche Telekom using it for internal tools
4. Proof: 1/3 of builders already earning revenue

Key insight: They're not just a tool—they're enabling a new class of founder. When domain experts can build software themselves, you unlock billions in latent entrepreneurship.

https://lovable.dev/blog/series-c

Brewed by Startup Beaker.