Observed Signal · Sep 24, 2026 · Earnings Report · Source: techcrunch · Impact: 3/5 · Sentiment: Positive
Lovable's annualized revenue crosses $600M as vibe coding takes off
Lovable, a vibe-coding platform, has surpassed $600 million in annualized revenue, as announced by co-founder Fabian Hedin at the HumanX summit. The company, which focuses on growing its enterprise business, claims that two-thirds of Fortune 500 companies use its product, including Microsoft, Nvidia, and Deutsche Telekom. Apps created on the platform attract nearly a billion views monthly. Lovable has raised over $700 million in two funding rounds: $300 million in December 2025 at a $6.6 billion valuation, and $400 million in August 2026 at a $13.3 billion valuation, both led by Menlo Ventures, with CapitalG and Scaleup Europe Fund participating respectively.
Lovable's revenue milestone and funding highlights the growth of AI-driven app development platforms, which are relevant to AdTech as they enable automated media and creative generation.
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Key Takeaways & Evidence Grounding
- Lovable's annualized revenue crossed $600 million as of September 24, 2026.
- Two-thirds of Fortune 500 companies are reportedly using Lovable's product.
- Lovable's user-created apps attract nearly a billion views per month.
- Lovable raised $300 million in December 2025 at a $6.6 billion valuation.
- Lovable raised $400 million in August 2026 at a $13.3 billion valuation.
- Lovable has raised over $700 million in two rounds, eight months apart.
Connected Companies & Entities
6 Entities mapped“Lovable has crossed annual run-rate revenue of $600 million, the company’s co-founder Fabian Hedin said....”
“Its customers include Microsoft, Nvidia, and Deutsche Telekom....”
“Its customers include Microsoft, Nvidia, and Deutsche Telekom....”
“Its customers include Microsoft, Nvidia, and Deutsche Telekom....”
“Last December, it raised $300 million from Menlo Ventures and CapitalG at a $6.6 billion valuation....”
“Last December, it raised $300 million from Menlo Ventures and CapitalG at a $6.6 billion valuation....”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Lovable Eyes $13.2B Valuation in $300M Round
Lovable, a Swedish "vibe-coding" startup, is reportedly in talks to raise $300 million at a $13.2 billion valuation — double the $6.6 billion valuation it reached in December. Menlo Ventures is expected to lead the round. The company reached an annualized revenue run rate of $500 million in June and serves customers ranging from individual designers and founders to large enterprises such as Workday, Asana and Nvidia. The piece situates Lovable within a broader wave of high‑value vibe‑coding startups, citing comparators like Replit, Factory and Cursor (the latter recently acquired by SpaceX).
Lovable Raises $400M at $13.3B Valuation
Lovable, a European "vibe-coding" startup, confirmed a $400 million Series C at a $13.3 billion valuation led by Menlo Ventures and the Scaleup Europe Fund. The funding follows the company reaching a $500 million annualized run rate in June and builds on a prior December round that raised $330 million at a $6.6 billion valuation. Lovable says it hosts 60 million projects with 900 million monthly visitors, runs an in-house trained AI model, signed a multiyear deal to increase Google Cloud usage fivefold, and has invested in other European startups such as Danish firm Atech. One Series C investor is Regent, the investment firm that owns TechCrunch.
Lovable Hits $100M Revenue in a Single Month!
Lovable, a Stockholm-based startup that builds apps and websites using natural language (a practice the article calls "vibe coding"), told TechCrunch it crossed $400 million in annual recurring revenue (ARR) in February and added $100 million in revenue in the most recent month. The three-year-old company says it has about 8 million users, a $6.6 billion valuation, and more than half of the Fortune 500 are using the platform per CEO Anton Osika. Lovable has 146 full-time employees (about $2.77M ARR per employee), is expanding hiring across multiple cities, and ran a debut brand campaign called "Earworm" while reporting strong usage spikes from a one-day SheBuilds promotion on March 8.
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