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Menlo Ventures

2 GoKawiil briefs on this topic

Lovable's annual run-rate revenue hits $600 million, up from $500M in June

Vibe-coding startup Lovable said its annualized revenue has reached $600 million, co-founder Fabian Hedin announced at the HumanX summit in Amsterdam. Hedin said two-thirds of Fortune 500 companies now use the platform, including Microsoft, NVIDIA and Deutsche Telekom, and that apps built on Lovable draw nearly a billion visits monthly. The company has raised over $700 million across two rounds since December, most recently at a $13.3 billion valuation.

Listen Labs abandons signed $1.5B Series C amid Salesforce acquisition talks

Listen Labs, a voice-AI market research startup, had signed a term sheet for a $125 million Series C led by Menlo Ventures at a $1.5 billion valuation, but walked away before closing. Sources say the reversal stems from ongoing acquisition talks with Salesforce, reportedly worth around $2 billion, though no deal has been finalized.