Startup Lovable Achieves Major Milestone with $100M Revenue
Lovable, a Stockholm-based AI coding startup, has recorded $100 million in revenue in February, surpassing its annual recurring revenue goal of $1 billion. The company provides a unique “vibe coding” tool that enables non-developers to build websites and apps using natural language.
With 8 million users in just three years, Lovable has secured notable corporate customers like Klarna and HubSpot. Its latest marketing campaign, “Earworm,” showcases the app-building process in real-time, highlighting the platform’s ability to empower non-technical users to express their creativity.
Lovable’s CEO Anton Osika previously stated that over half of Fortune 500 companies use the platform. The startup is now expanding its features to cater to corporate customers by enhancing security and transitioning from prototyping to practical product development, aiming to attract more large-scale clients.
Source: https://www.digitaltoday.co.kr/en/view/35793/lovable-february-revenue-tops-100-million-dollars-arr-exceeds-1-billion-dollars