Lovable says it added $100M in revenue last month alone, with just 146 employees | TechCrunch

"Lovable crossed $400 million in annual recurring revenue in February, the Stockholm company confirmed to TechCrunch. But it declined to say whether it is still projecting to reach $1 billion ARR by year's end, saying its focus is on "helping builders scale their impact with our platform.""

"Alongside Cursor, Mercor, and others, Lovable is part of a wave of tools that make it easier to create websites and apps using natural language, a practice known as vibe coding. This initially resonated with individuals and startups, but the three-year-old company has been pushing hard to secure enterprise clients, which already include Klarna, HubSpot, and others."

"That overarching message is one of the factors that have helped Lovable attract some 8 million users and become a unicorn in less than a year after its launch. But the prospect that it could also secure enterprise dollars likely played a key role in boosting its valuation to $6.6 billion."

"More than half of Fortune 500 companies are using Lovable to "supercharge creativity," co-founder and CEO Anton Osika declared at Web Summit last November. The company has added a range of dedicated features - often security-related - to convince businesses to use it for more than prototyping and keep them from canceling over time."

Lovable, a Stockholm-based company, has achieved $400 million in annual recurring revenue as of February. The platform enables users to create websites and applications through natural language commands, a practice called vibe coding. Originally popular with individuals and startups, Lovable has successfully expanded into the enterprise market, securing clients like Klarna and HubSpot. The company boasts approximately 8 million users and achieved unicorn status within a year of launch, reaching a $6.6 billion valuation. More than half of Fortune 500 companies reportedly use Lovable. The company launched its first brand campaign called "Earworm" to inspire non-technical creators and has added enterprise-focused features, particularly security-related capabilities, to support business adoption and retention.

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