Lovable
AI platform for building and deploying web apps from prompts.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Lovable Labs Incorporated
- Entity type
- COMPANY
- Founded
- 2023
- Headquarters
- Sweden
- Company size
- 50–200
- Market role
- B2B SaaS Provider
- Official website
- lovable.dev
What Lovable does
Lovable operates a cloud software model centred on AI-assisted application creation. Users describe an app or website in natural language, the platform generates the full-stack project, and customers continue iterating, integrating tools, and deploying production-ready experiences inside the same workflow. Value is created by compressing the time, cost, and skill barriers involved in building digital products. The company extends this model with an enterprise tier for governance and compliance and a marketplace-style expert service that helps customers outsource builds within the Lovable ecosystem.
Category differentiation
Lovable is a B2B AI software platform for generating and deploying web applications, not a consumer app or a general digital agency. It competes with AI coding and no-code builders rather than with traditional website hosting brands alone.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Lovable Labs Incorporated is a Swedish private B2B SaaS company operating an AI-driven full-stack web application development platform. Its core product converts natural language prompts into working web applications, covering prototyping, front-end and back-end generation, integrations, and deployment. The company sells both self-serve and enterprise versions of the platform and has added a services layer through a marketplace for vetted Lovable specialists. Lovable generates revenue primarily from subscription software plans that scale by usage credits, feature access, collaboration capabilities, and enterprise requirements. Its direct customers are developers, non-technical builders, product teams, marketers, SMBs, and larger enterprises that want to accelerate internal app and website creation. The company has reported unusually fast annualised revenue growth through 2026 and has paired that with significant venture funding, positioning it as a scaled AI application-building platform rather than a pure developer tool experiment.
Company news briefing
Briefing updated:
Following its $400 million Series C funding round co-led by Menlo Ventures and EQT's Scaleup Europe Fund at a $13.3 billion valuation, Swedish vibe-coding platform Lovable continues to scale its operations. In addition to expanding its enterprise footprint, Lovable has become a customer of AIUC to utilise third-party audit and safety certification for AI agents. Furthermore, the company remains part of an open coalition of European startup founders and venture capitalists advocating for the preservation of the proposed 'EU Inc' corporate statute.
Business model & monetisation
Lovable monetises through recurring SaaS subscriptions with tiered plans, including a free entry point and paid plans that increase usage credits, feature access, collaboration capacity, and deployment options. The pricing model is usage-linked because AI generation and platform activity consume credits. Enterprise revenue comes from customised contracts with volume-based credit pricing, compliance terms, security commitments, and premium support. The company also monetises ancillary services through its expert marketplace and platform-linked professional assistance.
- Self-serve and team subscriptions
- Software Subscription
- Enterprise contracts
- Software Subscription
- Expert-led implementation support
- Service Fee
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Technology
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Europe's unicorn boom masks early-stage funding crisis
Venture Capital / Funding · Recorded impact score: 3/5
A new report by global VC Antler, released at its European Founder Conference in London, reveals a stark contrast in Europe's startup ecosystem: while post-2020 unicorns ('rocketships') raise record funding, the early-stage pipeline is collapsing. Key findings include a drop in Series A conversion rates (from 23.3% pre-2020 to 9.3% in 2023), significant declines in pre-seed, seed, and Series A deals since 2021, and a 42-45% reduction in active early-stage investors. The report identifies two types of rocketship unicorns—'Jets' (capital-efficient, e.g., Lovable, Legora) and 'Juggernauts' (capital-intensive deep tech, e.g., AMI Labs, Ineffable Intelligence, Fuse Energy)—and estimates that $2.74B could restore pre-2020 conversion rates, potentially yielding three additional unicorns annually.
- Antler's report analyzed 760 unicorn founders, 4,129 Series A founders, and 81,055 funding rounds in Europe since 2000.
- Only 33 rocketship unicorns (founded post-2020) exist in Europe; they reach unicorn status in 2 years on average vs. 7.2 years pre-2020.
Lovable raises $400M in Series C funding at $13.3B valuation
Recorded impact score: 5/5
Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, led by Menlo Ventures and the Scaleup Europe Fund, managed by EQT.
Top 10 European Tech Deals in August 2026
Funding · Recorded impact score: 3/5
European tech investment slowed significantly in August 2026, with companies raising €3.2 billion across 165 funding rounds, a 63% drop from July's €8.6 billion. The UK led with €1.4 billion (44% of total), while AI secured €677.1 million (21%), though this was a 62% decline. The top 10 deals accounted for 60.5% of August's total funding. Notable rounds include Lovable's $400M Series C, Olix's $312M Series B, Cambridge Aerospace's $300M Series C, Volta's $300M venture funding, and Gravis Robotics' $200M Series A led by SoftBank. Other significant funding included PLD Space's €158.9M from ESA, Ingenico's €150M from a PIMCO-led group, HappyRobot's $150M Series C, Nexeon's €116.7M, and Elekta's €100M EIB financing.
- European tech companies raised €3.2 billion in August 2026, down 63% from July's €8.6 billion.
- The UK attracted €1.4 billion, representing 44% of total European funding.
Hiasynth raises angel funding for synthetic model of Europe's population
Market Intelligence · Recorded impact score: 2/5
Hiasynth, an AI startup, has raised an angel funding round led by Further Than Capital. The company built a synthetic model of Europe's population at 1:1 scale, containing half a billion personas across 37 countries, each with over 600 attributes that co-vary realistically. The model is queryable by AI through the Model Context Protocol (MCP), enabling any company to analyze European consumer markets without traditional research projects. The funding will support product development ahead of a planned seed round. Hiasynth launches in September 2026 at Bits & Pretzels in Munich. Emma Agering, founder, claims market intelligence prices will collapse as Europe becomes a single model. Further Than Capital's portfolio includes early positions in Lovable and Blackwall.
- Hiasynth raised an angel funding round led by Further Than Capital.
- The synthetic population model covers half a billion personas across 37 European countries.
We just raised $400M in Series C funding to help people run their businesses
Recorded impact score: 5/5
Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, led by Menlo Ventures and the Scaleup Europe Fund, managed by EQT.
Explore company relationships
Questions about Lovable
What is Lovable?
Lovable is a B2B SaaS platform that turns natural language prompts into full-stack web applications and websites, covering build, iteration, integrations, and deployment.
Who uses Lovable?
Developers, non-technical builders, product teams, marketers, SMBs, and enterprise teams use Lovable to create digital products faster.
How does Lovable make money?
Lovable makes money from recurring software subscriptions, usage-linked credit plans, enterprise contracts, and smaller service-fee revenue tied to expert support.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
20 publicly documented primary sources and citations linked across the market graph.
Continue your research on Lovable
Explorer includes additional company details, a Watchlist for up to 25 companies and your personal Strategic Intelligence Agent. It monitors your market daily and delivers tailored briefings with clear strategic context whenever relevant news occurs.
Free, with no time limit.
