Stockholm-based Lovable has hit over $100 million in annualized revenue in just eight months by using AI to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles. Oskar Munck af Rosenschöld never planned to be in show business. But over a fika (coffee break) in Stockholm, Sweden, a film producer friend pitched him …
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Eight months in, Swedish unicorn Lovable crosses the $100M ARR milestone
Less than a week after it became Europe’s latest unicorn, Swedish vibe coding startup Lovable is now also a centaur — a company with more than $100 million in annual recurring revenue (ARR). Lovable took only eight months since its launch to get here, thanks to the skyrocketing popularity of its AI-powered website and app builder. The startup claims it …
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