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Lovable hits $600M, coding enters the boardroom

As Lovable grows, perhaps soon your boss will be writing better apps than you.

Lovable, the vibe-coding platform, has reached an annual run-rate revenue of $600 million, according to its co-founder Fabian Hedin, speaking at the HumanX summit in Amsterdam. The startup has seen significant growth, with two-thirds of Fortune 500 companies now using its product, including Microsoft, Nvidia, and Deutsche Telekom.


Hedin highlighted that apps created by users on the platform attract nearly a billion views per month, far outstripping the platform’s own viewership. 'We do a lot of things around hosting, deployment, and scaling apps, and the output is a product, and increasingly so, a business,' he said.


The company's rapid rise has been fueled by substantial funding; it has raised over $700 million in two rounds, with valuations reaching $13.3 billion this August. Last December, it secured $300 million from Menlo Ventures and CapitalG, and then followed up with a further $400 million in August from Menlo Ventures and the Scaleup Europe Fund.


With Lovable’s growth, it seems the line between human and artificial intelligence in the workplace is beginning to blur. The enterprise market, traditionally slow to adopt new technologies, is embracing this platform, potentially leading to a more integrated approach to coding and business development.


As Lovable continues to grow, the question remains: will it change the way businesses operate, or will it simply be another tool in the tech entrepreneur's arsenal?

Original source:  https://techcrunch.com/2026/09/24/lovables-annualized-revenue-crosses-600m-as-vibe-coding-takes-off/
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