Lovable reached $100 million in annual recurring revenue within eight months of its launch, marking the fastest growth in software startup history. The generative AI platform enables users to build apps and websites using text prompts. Over 2.3 million users and 10 million projects have been reported on the platform, with 100,000 new projects created daily. A recent $200 million Series A funding round, valuating the startup at $1.8 billion, contributed to its rapid growth. The platform has upgraded to become fully agentic, enhancing its capabilities for users and businesses.
Lovable's platform allows non-technical users to build apps or websites using simple text prompts, making it accessible for those without coding experience.
Lovable has reached over 2.3 million active users and over 10 million projects built on its platform, showcasing its rapid adoption and growth.
The company's recent $200 million Series A funding round led by Accel values Lovable at $1.8 billion, marking one of the largest rounds for a European startup.
Lovable's platform is now fully agentic, allowing it to solve problems and take actions autonomously, greatly enhancing its functionality and user experience.
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