Vibe Coding Startup Lovable's Annual Recurring Revenue Surpasses $400 Million

Odaily News: Swedish startup Lovable has reached an annual recurring revenue of $400 million, with its business growing rapidly as both corporate and individual users flock to its AI tools that make programming easy even for beginners. Lovable CEO Anton Osika stated that this milestone was achieved five months ahead of the original forecast. Founded in 2023, Lovable is part of a cohort of Vibe Coding startups that allow users to quickly prototype applications and websites using natural language prompts.