Lovable ARR Hits $100M in 8 months

Jul 23, 2025

Lovable, an AI-powered “vibe coding” platform co‑founded by Anton Osika, has surged to an impressive $100 million in annual recurring revenue (ARR) just 8 months after launch, outpacing high-growth peers like OpenAI, Cursor, and Wiz. The company empowers non‑technical users to build functional apps in under an hour, democratizing software creation and attracting attention across the tech landscape.

It also launched Lovable Agent:

→ 91% fewer build errors

→ Smarter reasoning

→ Real dev-like behavior

Instead of following your prompts, Lovable now thinks, takes actions, checks its work, and keeps going until it’s done. It reads files, debugs logs, searches the web, and builds products like never before.

Built to “produce 1 billion potential builders,” Lovable enables anyone—from solo founders to small teams—to generate code, iterate, and deploy in a single workflow, directly from English prompts. Its rapid product‑led growth saw it reach $4M ARR in the first four weeks, $10M in two months, and $17M within three months—boasting robust product‑market fit and high retention (~85% Day‑30). Use cases include a non‑technical founder generating $3M in revenue in just 48 hours and another hitting $10K MRR using Lovable‑built tools.

Lovable’s traction has fueled aggressive funding and valuation growth. In the past few months, it completed a $200M round led by Accel at a $1.8B valuation, following an earlier $15M pre‑Series A led by Creandum. With over 2.3 million users and more than $150M in that new round, Lovable is on track to disrupt the global coding ecosystem as one of Europe’s fastest‑growing AI startups.