According to CoinMeta, the Stockholm-based startup Lovable is in talks for a new round of financing, with an estimated valuation of $12 billion. If the new round of financing is successful, the valuation of Lovable will nearly double from the $6.6 billion it was valued at in December 2025. The financing is not yet finalized, so the valuation may still change. Lovable's annual recurring revenue has surpassed $400 million, and within just 8 months of its establishment, it reached nearly $600 million in annual recurring revenue.