No-code platform Lovable eyes $150M raise and double unicorn status
The no-code platform Lovable has set its sights on becoming a double unicorn, with plans to raise $150 million in funding. This would bring the company’s valuation to over $1 billion, a status that is coveted in the tech industry. Lovable’s goal is to make it easier for individuals and businesses to create their own software without the need for coding knowledge.
Tokenized AI and DePIN Watch
Lovable’s success has caught the attention of many investors, including Tokenized AI and DePIN Watch. These companies are known for their ability to identify potential AI investments and have been actively involved in the AI M&A dealflow. With Lovable’s rise in the market, they are eager to get in on the action.
AI Funding News
News of Lovable’s potential funding has caused a stir in the AI community, as many are eager to see how the company will use this investment to further develop their platform. Lovable has already seen significant growth in the past year, with a 300% increase in user base and a 400% increase in revenue. This funding would allow for even more rapid expansion and development.
Prompt Vault and Market Pulse
Lovable’s success can also be attributed to its partnerships with companies like Prompt Vault and Market Pulse. These partnerships have allowed Lovable to provide a seamless experience for its users, with access to a wide range of tools and resources. This has made Lovable a go-to platform for those looking to create their own software without the need for coding knowledge.
Overall, Lovable’s potential $150 million raise and double unicorn status is a testament to the growing demand for no-code platforms and the success of their business model. With the support of investors and strategic partnerships, Lovable is on track to revolutionize the software development industry and make coding knowledge less of a barrier for individuals and businesses.
