Lovable crosses $600M run-rate

Lovable's co-founder Fabian Hedin announced at the HumanX summit in Amsterdam on Thursday that the vibe-coding platform has reached six hundred million dollars in annualized revenue.

Revenue jumped $100M in three months

The company reported around five hundred million dollars in annualized revenue in June, meaning it added one hundred million dollars in the three months to September.

Two-thirds of Fortune 500 use Lovable

Hedin said people at two-thirds of Fortune five hundred companies are now using the platform. Customers include Microsoft, Nvidia, and Deutsche Telekom.

Apps on platform draw a billion views

Apps created by users on Lovable are together attracting nearly a billion views per month, an order of magnitude more than Lovable's own website traffic.

“The output is a product, and increasingly so, a business.”

Lovable's difference from other AI tools

Hedin explained that while tools like Codex or Claude code output code, Lovable outputs a product. The company handles hosting, deployment, and scaling for apps created on its platform.

“You can use these tools to output code. The difference is that Lovable does not output code.”

Lovable raised $700M in eight months

The startup raised three hundred million dollars in December from Menlo Ventures and CapitalG at a six point six billion dollar valuation, then four hundred million dollars in August from Menlo Ventures and the Scaleup Europe Fund at thirteen point three billion dollars.