Lovable's Annualized Revenue Surpasses $600M as Vibe Coding Gains Momentum
Lovable, the vibe-coding platform, has achieved an annual run-rate revenue of over $600 million, according to co-founder Fabian Hedin at a recent summit. The company reported crossing this threshold from around $500 million in June and highlighted strong enterprise adoption, with two-thirds of Fortune 500 companies now using its product. Major clients include Microsoft, NVIDIA, and Deutsche Telekom. Hedin emphasized that Lovable's platform enables users to create apps generating nearly a billion views per month—far exceeding the company’s own traffic levels. The startup has also seen rapid valuation growth in recent months, raising $700 million across two funding rounds: $300 million at a $6.6B valuation in December and an additional $400 million at a $13.3B valuation this August.
Topics: AI Lovable vibe coding