Lovable’s annual run-rate revenue reaches $600 million

  • Lovable co-founder Fabian Hedin said the platform surpassed $600 million in annual run-rate revenue.
  • Two-thirds of Fortune 500 companies use Lovable, Hedin said at the HumanX summit.
  • Lovable raised $300 million in December and $400 million in August at successive valuations.

Lovable has surpassed $600 million in annual run-rate revenue, up from about $500 million reported in June, co-founder Fabian Hedin said at the HumanX summit in Amsterdam on Thursday. The vibe-coding platform has prioritized its enterprise business, and Hedin said two-thirds of Fortune 500 companies now use its product. Customers include Microsoft, NVIDIA and Deutsche Telekom. Apps built by Lovable users are attracting nearly one billion views per month, while the company said those apps receive close to one billion visits monthly—about an order of magnitude more than Lovable itself. Unlike coding tools such as Codex or Claude Code, which primarily produce code, Lovable delivers products and increasingly supports hosting, deployment and app scaling. The company has raised more than $700 million across two funding rounds held eight months apart, including a $300 million round in December at a $6.6 billion valuation and a $400 million round in August at a $13.3 billion valuation.

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