# Lovable — AI app builder from plain-language prompts. Lovable is a Swedish "vibe coding" platform that turns a plain-language prompt into a working full-stack web app — front-end, back-end, and database — that can be edited by chat and deployed in one click, aimed at the 99% of people who can't code. Founded 2023 Headquarters Stockholm, Sweden Category Applied AI, Developer Tools, Productivity Legal name Lovable Labs Incorporated Legal domicile Dover, Delaware, United States Lovable’s legal entity is domiciled in Dover, Delaware, United States, outside Europe — which is a bit uncool. ## Highlights Notable milestones from Lovable’s journey — funding rounds, launches, and other moments worth knowing. Milestone - Feb 2026 ### $400M ARR — and $100M of it added in a single month By February 2026 Lovable had crossed $400M ARR, adding $100M in one month with a team of just 146 — roughly $2.7M of revenue per employee. The company says more than half of the Fortune 500 now use the platform. [Source](https://techcrunch.com/2026/03/11/lovable-says-it-added-100m-in-revenue-last-month-alone-with-just-146-employees/) Funding - Dec 2025 ### $330M Series B at $6.6B — a 3.7x markup in five months CapitalG and Menlo Ventures co-led a round that nearly quadrupled the valuation just five months after the Series A, with NVentures, Salesforce Ventures, Databricks Ventures, and Khosla Ventures joining. ARR had doubled to over $200M between July and November, with customers like Klarna and Uber. Round Series B Raised $330M Valuation $6.6B Led by CapitalG, Menlo Ventures, Salesforce Ventures, Khosla Ventures [Source](https://techcrunch.com/2025/12/18/vibe-coding-startup-lovable-raises-330m-at-a-6-6b-valuation/) Milestone - Jul 2025 ### Fastest software company ever to $100M ARR Lovable went from $1M to $100M ARR in eight months — outpacing Cursor, Wiz, OpenAI, and Slack — with 10M+ projects built and 100,000 created a day, and no spend on paid acquisition. **Lovable's $1M-to-$100M climb against the previous record holders.** [Source](https://lovable.dev/blog/agent) Funding - Jul 2025 ### $200M Series A at a $1.8B valuation — a unicorn in eight months Accel led one of Europe's largest-ever Series A rounds, making Lovable a unicorn just eight months after launch, on a pitch to "empower the 99% who can't code to build production-grade software by talking to AI." Round Series A Raised $200M Valuation $1.8B Led by Accel [Source](https://lovable.dev/blog/200m-series-a-fundraise) Funding - Feb 2025 ### $15M pre-Series A on the back of explosive early traction Eight weeks after opening access, Lovable was at $17M ARR with 500,000 users, 30,000 paying customers, and 25,000 new apps a day — built on just $2M of a €6.8M pre-seed. Creandum and Visionaries Club led the round, joined by angels including Charlie Songhurst and Hugging Face's Thomas Wolf. Round Pre-Series A Raised $15M Led by Creandum, Visionaries Club [Source](https://techcrunch.com/2025/02/25/swedens-lovable-an-app-building-ai-platform-rakes-in-16m-after-spectacular-growth/) Launch - Dec 2024 ### GPT Engineer becomes Lovable and opens to everyone The team rebranded the GPT Engineer app to Lovable and launched open access — a chat-first builder that turns a description into a deployable full-stack app, no setup required. It immediately became the platform's growth engine, with tens of thousands of new projects spun up daily. **Real apps built by chatting with Lovable — portfolios, blogs, presentation tools, and storefronts.** [Source](https://lovable.dev) Team - Nov 2023 ### Two Swedes turn a viral open-source coding experiment into a company Anton Osika's open-source GPT Engineer — which let an LLM scaffold a whole app from a prompt — raced to tens of thousands of GitHub stars in 2023. With Fabian Hedin he turned it into a commercial product and founded the company in Stockholm. **Anton Osika (CEO) and Fabian Hedin (CTO) — GPT Engineer's authors, later Europe's fastest-growing software founders.** [Source](https://en.wikipedia.org/wiki/Lovable_\(company\))