Lovable
AI App Builder
- Valuation
- $13.3B(Series C, Aug 2026)
- Total Funding
- ~$940M+
- Revenue
- ~$600M ARR reported(Aug 2026)
- 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
3 milestones- 2023Founded in Stockholm (from GPT Engineer roots)
- 2024Launched AI app builder; rapid user growth
- 2025$200M Series A led by Accel at ~$1.8B valuation; ~$100M ARR
Funding Rounds
2 rounds| Date | Round | Amount | Investors |
|---|---|---|---|
| 2024 | Pre-seed/Seed | $7.5M | Creandum, byFounders, Hummingbird |
| 2025 | Series A | $200M | Accel, Creandum, ~$1.8B valuation |
Products & Services
3- Lovable (AI app builder)
- Lovable Agent
- Supabase integration
People & ecosystem
Key People
- Anton Osika (CEO, co-founder)
- Fabian Hedin (CTO, co-founder)
Key Investors
- Accel
- Creandum
- byFounders
- 20VC
Competitive Landscape
- Vercel (v0)
- StackBlitz (Bolt.new)
- Replit
- Cursor (Anysphere)
- Cognition