""100,000 new products built on Lovable every single day.""
""This waning traffic begs the question on whether app/site vibecoding has peaked out already or has just had a bit of a lull before interest ramps up," they reportedly wrote in a note to investors."
""just passed""
Lovable grew from 2.3 million active users in July to nearly 8 million users and reports 100,000 new products built on the platform every single day. The startup has raised $228 million to date, including a $200 million round valuing the company at $1.8 billion, and received rumors of interest at a $5 billion valuation while stating it is not capital constrained. The company reached $100 million ARR in June but has not disclosed current ARR. Third-party data showed traffic declines, yet Lovable reports more than 100% net dollar retention and a headcount that has just passed 100 employees.
Read at TechCrunch
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