Lovable surpasses $600m annual revenue as vibe-coding grows

Lovable, a vibe-coding platform, has surpassed an annualized revenue run-rate of $600 million, according to co-founder Fabian Hedin, who spoke at the HumanX summit in Amsterdam. This marks a significant increase from the $500 million reported in June. Hedin highlighted the company's focus on enterprise growth, stating that two-thirds of Fortune 500 companies now use its product, with major clients including Microsoft, NVIDIA, and Deutsche Telekom. He also noted that apps built on the platform generate nearly a billion monthly views. Lovable has raised over $700 million in two rounds of funding within eight months. In December 2025, the company secured $300 million from Menlo Ventures and CapitalG at a $6.6 billion valuation. Later, in August 2026, it raised $400 million from Menlo Ventures and the Scaleup Europe Fund, achieving a $13.3 billion valuation. Hedin emphasized that Lovable's value lies not just in code generation but in hosting, deployment, and scaling apps, which attract close to a billion monthly visits.