LOVABLE'S CEO TARGETS ENTERPRISE CUSTOMERS AS THE ‘VIDE-CODING' UNICORN DOUBLES ITS ANNUAL REVENUE TO $200 MILLION IN JUST FOUR MONTHS
Swedish AI startup Lovable doubled its annual recurring revenue to $200 million in just four months. The company's "vibe-coding" platform allows users to describe desired apps in plain language, with AI generating the actual code, targeting both non-technical users and developers. Lovable is now focusing on enterprise customers while expanding with senior hires from Notion, Dropbox, and Meta, having raised over $225 million at a $1.8 billion valuation.