Lovable revenue

Anton Osika and Fabian Hedin founded Lovable in Stockholm, Sweden, in late 2023 (TechCrunch, 9 Jun 2026). It is an AI app builder: you describe a website or web app in a chat, and the product builds it and hosts it. Co-founder Fabian Hedin has described the output as a product rather than a folder of code (our paraphrase of his public comments, via TechCrunch). Annual recurring revenue, often shortened to ARR, means a yearly run rate: roughly a recent month times 12. It is not profit. Here the figure is one the company stated, not a measured year of accounts.

Every line below is a company statement, reported by TechCrunch unless noted. There is no checked payment chart on this page, because none of these figures comes from a payment feed or a group filing.

1. Jul 2025 — $100M a year, company statement, recapped by TechCrunch on 11 Mar 2026.
2. Nov 2025 — $200M a year, company statement, same recap.
3. Dec 2025 — $300M raised at a $6.6B valuation (Menlo Ventures, CapitalG), reported by TechCrunch on 24 Sep 2026.
4. Jan 2026 — $300M a year, company statement, recapped on 11 Mar 2026.
5. Feb 2026 — $400M a year, with 146 full-time employees (TechCrunch, 11 Mar 2026).
6. Jun 2026 — $500M a year, and 1 million new projects a week (TechCrunch, 9 Jun 2026).
7. Aug 2026 — $400M raised at a $13.3B valuation (Menlo Ventures, Scaleup Europe Fund), reported by TechCrunch on 24 Sep 2026.
8. 24 Sep 2026 — $600M a year. Co-founder Fabian Hedin said this on stage at HumanX in Amsterdam (TechCrunch and The Next Web, 24 Sep 2026).

How the company says it gets customers: mostly non-technical people building projects (1 million new projects a week, TechCrunch, Jun 2026). Hedin said in Sep 2026 that apps built on Lovable draw close to a billion visits a month. The company also describes an enterprise push: people at about two-thirds of Fortune 500 companies use it, and named customers include Microsoft, Nvidia and Deutsche Telekom (company statement, TechCrunch, 24 Sep 2026).

Why this stays Claimed: the parent company is registered in Delaware, in the USA, so Swedish filings do not cover group revenue. The Swedish subsidiary, Lovable Labs Sweden AB, filed its first annual report for late Nov 2024 to Dec 2025. It books no revenue. Breakit describes it as a development hub, with operating costs of SEK 161M and an average of 42 employees (Breakit, 22 Jul 2026). No public filing or payment record covers group revenue (checked 26 Oct 2026).

• What it sells: an AI app builder that hosts the result. You describe what you want in a chat.
• To whom: mostly people who are not professional developers, plus larger companies the firm names in interviews.
• Pricing (pricing page, 26 Oct 2026): a free plan, and paid plans priced by monthly credits.
• How it gets customers: people share the projects they build. The company says those apps draw close to a billion visits a month, and that people at about two-thirds of Fortune 500 companies use the product (company statements, TechCrunch).

Specific models and infrastructure: not disclosed on the sources used here.

Sources:

• TechCrunch — $600M annualized revenue, Fabian Hedin at HumanX (24 Sep 2026)
• The Next Web — Fabian Hedin on the $600M figure at HumanX (24 Sep 2026)
• TechCrunch — $400M and 146 employees (11 Mar 2026)
• TechCrunch — $500M and 1 million new projects a week (9 Jun 2026)
• Breakit — Swedish subsidiary books no revenue (22 Jul 2026)
• Lovable pricing (checked 26 Oct 2026)

Why "Claimed": the $600M figure is a run rate stated by the company (co-founder Fabian Hedin, on stage, 24 Sep 2026). A run rate is roughly a recent month times 12. No audited group accounts are public. The parent company is registered in Delaware, so Swedish filings do not cover group revenue. The Swedish subsidiary books no revenue: it is a development hub. No public filing or payment record covers group revenue (checked 26 Oct 2026).

• 🟡 Claimed: $600M a year, company-stated, 24 Sep 2026.
• 🟡 Claimed history, all company statements: $100M (Jul 2025), $200M (Nov 2025), $300M (Jan 2026), $400M (Feb 2026), $500M (Jun 2026), $600M (24 Sep 2026).
• ✅ Proof: no public filing or payment record covers group revenue (checked 26 Oct 2026). The filing that was checked shows only a cost centre.

A short answer is on Is Lovable’s $600M revenue verified?.

1. Do not treat this as a solo project. It took hundreds of millions in venture funding and a large team.
2. The narrow piece a small builder can copy is a task non-technical people want done, with a result they can see and share.

• Skills: a large product team, plus the ability to raise venture funding
• Audience needed: the company says most users are non-technical people who share what they build
• Budget needed: high, at venture scale

• The headline is a run rate the company stated, not a measured month and not profit.
• No public filing or payment record covers group revenue.
• The Swedish subsidiary’s accounts show costs, not the group’s revenue.
• This is a venture-funded company with a large team, not a one-person outcome.
• Several well-funded products compete to build apps from a chat.