Veytics Intelligence
2026-09-24 · Yahoo

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

Lovable has crossed annual run-rate revenue of $600 million, the company's co-founder Fabian Hedin said at the HumanX summit in Amsterdam on Thursday. The vibe-coding platform in June said that number was around $500 million. Hedin said the startup has focused on growing its enterprise business, and claimed that two-thirds of Fortune 500 companies are now using its product. Its customers include Microsoft, NVIDIA, and Deutsche Telekom. He also said apps created by users on the platform are together attracting nearly a billion views per month. "You can use these tools [like Codex or Claude code] to output code. The difference is that Lovable does not output code. The output is a product, and increasingly so, a business.

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