Lovable
AI App Builder
Valuation
~$1.8B (2025)
Total Funding
$200M+
Revenue
~$100M ARR (2025)
Profit Status
Rapid growth
Employees
~100
About Lovable
Lovable is a Swedish AI startup whose platform lets anyone build full-stack web apps and websites from natural-language prompts. Its AI generates React front-ends, connects databases and auth via Supabase, and deploys instantly, making it one of the fastest-growing 'vibe coding' tools. Lovable reached a reported $100M ARR within roughly eight months of launch and raised a large round at a multi-billion-dollar valuation in 2025.
Company History
Founded 2023 in Stockholm by Anton Osika and Fabian Hedin, evolving from the open-source GPT Engineer project. Lovable launched its AI app builder in late 2024 and grew explosively, reaching a reported $100M ARR within about eight months and millions of users. In 2025 it raised a $200M Series A led by Accel at a valuation near $1.8B, becoming one of Europe's most valuable AI startups and a leader in the 'vibe coding' category.
Company Timeline
2023
Founded in Stockholm (from GPT Engineer roots)
2024
Launched AI app builder; rapid user growth
2025
$200M Series A led by Accel at ~$1.8B valuation; ~$100M ARR
Products & Services
Company Details
Focus Area
AI App Builder
Stage
Founded
2023
Headquarters
Stockholm, Sweden
Employees
~100
Financial Overview
Total Funding
$200M+
Valuation
~$1.8B (2025)
Revenue (2025)
~$100M ARR (2025)
Profit Status
Rapid growth
Funding Rounds
- Pre-seed/Seed$7.5M2024Creandum, byFounders
- Series A$200M2025Accel, Creandum
Key Investors
Key People
- Anton Osika (CEO, co-founder)
- Fabian Hedin (CTO, co-founder)