30
60
55
30
Lovable CTO: The Future of SaaS Is Apps That Agents Can Use
Lovable pivots from app building to exposing app functions as agent-callable capabilities via hosted MCP servers, raising a $400M Series C at a $13.3B valuation.
Lovable CTO Fabian Hedin outlined a strategy of turning published applications into agent-accessible capabilities by exposing selected functions as tools through a hosted MCP server, usable from ChatGPT, Claude, and other MCP-compatible clients. The company reports surpassing a $500M annualized revenue run rate, more than 60 million projects created, over 900 million monthly visits to Lovable-built apps, and usage by employees at nearly two-thirds of the Fortune 500. Menlo Ventures led a $400M Series C this month alongside EQT's Scaleup Europe Fund, valuing the company at $13.3 billion. Lovable evolved from the open-source GPT Engineer tool, became a commercial product in November 2024, and now competes with platforms like Vercel in AI-generated software hosting.
55
AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks
Listen Labs abandoned a signed $125M Series C term sheet at a $1.5B valuation amid acquisition talks with Salesforce at roughly $2 billion.
Listen Labs, a three-year-old voice AI market research startup with about $30 million in annualized revenue, 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. The financing likely collapsed due to acquisition talks with Salesforce at around $2 billion, though no deal is finalized. Competitor Simile recently closed a $200 million Series B at a $2 billion valuation, resetting benchmarks for the sector. Listen Labs' customers include Microsoft, Canva, Anthropic, and Sweetgreen.
48
55
42
60
42
55
30
30
30
30
30
45
30
60
30
57
45
60
60
42