Vibe Coding startup Lovable's annual recurring revenue breaks through $400 million

SmartContractAuditor · 2026-03-12T17:21:02+00:00

Swedish startup Lovable has reached $400 million in annual recurring revenue, with rapid business growth exceeding projections by five months. The company, founded in 2023, is dedicated to helping beginners code easily through natural language prompts.

SmartContractAuditor

2026-03-12 17:21:02

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Odaily Planet Daily reports that Swedish startup Lovable’s annual recurring revenue has reached $400 million. As more businesses and individual users flock to AI tools that make programming easy for beginners, the company’s business is rapidly growing. Lovable CEO Anton Osika stated that this progress is five months ahead of the original forecast. Founded in 2023, Lovable is part of a group of Vibe Coding startups that enable users to quickly create prototypes of applications and websites through natural language prompts.

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