Lovable Tops $600 Million Run Rate as 2/3 of Fortune 500 Use Its Platform

1 articles · Updated · TechCrunch · Sep 24

$600 million in annualized revenue marks Lovable’s latest milestone, up from about $500 million in June, co-founder Fabian Hedin said at the HumanX summit in Amsterdam.
Two-thirds of Fortune 500 companies now use the vibe-coding platform, Hedin said, as Lovable pushes deeper into enterprise customers including Microsoft, Nvidia and Deutsche Telekom.
Nearly 1 billion monthly views now go to apps built on Lovable, which Hedin said differentiates itself from code-generation tools by delivering hosted, deployed and scalable products.
More than $700 million raised in two rounds has fueled that expansion, with a $300 million round in December at a $6.6 billion valuation followed by $400 million in August at $13.3 billion.