The round was led by Creandum and angels including Charlie Songhurst (Meta board), Thomas Wolf (Huggingface) and a dozen tech CEOs.
The AI Revolution in Software Development
Imagine having a full-stack software engineer—a UX designer, product manager, systems architect, and backend developer—all rolled into one AI-powered tool. That’s exactly what Lovable delivers. Whether a founder is launching a startup, a product designer is skipping Figma for direct prototyping, or a sales team is demoing live features with customers, Lovable makes building digital products effortless.
A Record-Breaking Growth Trajectory
In just three months, Lovable has achieved what most startups only dream of:
- $17 million in annual recurring revenue (ARR)
- 30,000+ paying customers
- 25,000 new projects created every day
- Over 1.2 million apps built since launch
- Surpassing other AI-driven software development tools
- So popular it nearly brought down GitHub!
This level of traction is reminiscent of early-stage Spotify, a comparison made by Lovable’s investors, who see it as a potential category-defining company in AI software engineering.
A Paradigm Shift: Software Development for Everyone
AI-driven software development has already transformed how code is written, but Lovable takes it further by making software creation accessible to non-developers. The platform empowers:
- Solo entrepreneurs to build their business ideas without technical barriers.
- Product designers to bypass traditional tools and move straight into functional prototypes.
- Sales teams to create and showcase interactive product features in real-time.
The Speed of Execution: A Testament to the Team
What’s perhaps most impressive is the velocity at which the Lovable team iterates and improves. In a matter of months, the 15-person team, led by Anton Osika and Fabian Hedin, has built what may be Europe’s fastest-growing AI startup. Their deep technical expertise, AI-native approach, and relentless execution have made Lovable a global contender in AI-driven development.
Europe’s Answer to AI Innovation
There’s been much debate about Europe lagging behind the U.S. and China in AI innovation, but Lovable proves otherwise. It demonstrates that world-class AI companies can emerge from Europe and compete globally.
With Lovable, the democratization of software development is unfolding—where anyone, regardless of technical background, can bring their ideas to life.
Final Thoughts: The Future is Lovable
Lovable isn’t just another AI-powered tool—it’s a fundamental shift in how software is built. With its record-breaking growth, overwhelming user love, and a team that executes at an incredible pace, Lovable is setting the stage for a new era of product development.
🚀 Want to join the journey?** Check out Lovable's latest updates.**
