Jaeden Schafer

Coastal Ventures, Salesforce Ventures, Databricks Ventures, all of those were in on this deal.

So you have all of the top tier investors.

This new round is only a few months after they raised a $200 million Series A round in July that gave them a $1.8 billion valuation.

And now they're already at a $6.6 billion valuation.

I think one of the earliest startups to really capitalize on AI boom was Lovable.

They had a platform that let you build software and complete applications using text prompts.

Now,

When they first started, when I first started using lovable, it wasn't very good at building actual tools that could complete tasks.

And they have come a long way.

So when I was originally using it, I mean, I've spent, you know, $1,000 a month on lovable in the past, depending on projects that I'm working on.

If you go to AI box.ai, that entire homepage was created using lovable.

I'm not a developer.

And instead of using a designer, I'm able to get basically chat with lovable and have it create a design that I love.

that looks exactly like what I want it to do.

And so as far as the front end UI and stuff, I would I'll usually go and get lovable to create a design for me.

And I give that to my developers who are working on the back end.

And I can give them the code so they instantly can integrate in the past, I used to have to do basically the same process, but I'd be talking with

a designer on a call or they would get something done and get it back to me and i'd have to make iterations and tell them to make updates and changes and once the design was done with the designer on figla we'd hand that off to the front end developers and they would spend time trying to get that to actually look good with code and so it was quite a process with lovable i talked to lovable about what i wanted to do i give it you know i in natural language chat with it about the updates and the style designs and the things that i want

And then it creates it has the code.

One thing that we've done that has made this like super, super easy is my our development team will give me like the libraries that we use, and the you know, the types of code that you know, that are allowed.