Lovable's annualized revenue crosses $600M as vibe coding takes off

Lovable's annual run-rate revenue has surpassed $600 million, up from approximately $500 million reported in June, co-founder Fabian Hedin announced at the HumanX summit in Amsterdam. The vibe-coding platform has focused on enterprise business growth, claiming two-thirds of Fortune 500 companies now use its product, including Microsoft, NVIDIA, and Deutsche Telekom. Apps created by users on the platform attract nearly one billion views per month. Hedin emphasized that unlike coding tools such as Codex or Claude Code, Lovable outputs complete products rather than just code, handling hosting, deployment, and scaling. The company has raised over $700 million in two rounds eight months apart: $300 million at a $6.6 billion valuation last December from Menlo Ventures and CapitalG, followed by $400 million at a $13.3 billion valuation in August from Menlo Ventures and the Scaleup Europe Fund.

(Source：TechCrunch)