Lovable AI
Category: AI Developer Tools
AI-powered platform to build full-stack web applications via chat interface using natural language, without coding. Lovable AI was founded in 2023. The company is led by Anton Osika. Based in Stockholm, Sweden. Team size: 101-500. Total funding raised: $558M. Latest round: Series A ($200M at $1.8B valuation, July 2025). Key investors include Accel, Creandum, Hummingbird Ventures, 20VC, byFounders, Visionaries Club, Flat Capital (Sebastian Siemiatkowski), CapitalG, Menlo Ventures, NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures.
- Founded
- 2023
- Headquarters
- Stockholm, Sweden
- Team size
- 101-500
- Total funding
- $558M
Value proposition
Democratizes software development by enabling quick, easy creation of production-ready web applications through natural language, reducing time and technical skill needed.
Products and solutions
AI-powered web application builder, GPT Engineer for frontend and backend code generation, Lovable Agent, advanced AI development assistant
Unique value
Uses conversational AI for 'vibe-coding' to translate user ideas into functional full-stack code, surpassing traditional no-code platforms.
Target customer
Non-technical users, entrepreneurs, product managers, and developers seeking quick prototyping and application building.
Industries served
Software Development, Technology, Startups, Prototyping and MVP Development
Technology advantage
Proprietary AI technology enables complex, reliable development; rapid growth and strong funding give competitive edge.
How they differentiate
Distinct 'vibe-coding' natural language approach enabling full-stack app creation combined with targeting both technical and non-technical users for rapid prototyping and deployment.
Main competitors
Cursor, Bolt.new, Vercel v0
Key partnerships
Google Cloud partnership for AI app building infrastructure, Strategic investors include NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures, Atlassian Ventures, HubSpot Ventures
Notable customers
Klarna, Uber, Zendesk, Deutsche Telekom, HubSpot, McKinsey
Major milestones
Public launch November 2024, €6.8M seed funding October 2024, $15M funding February 2025, $200M Series A July 2025 at $1.8B valuation - became unicorn, Reached $100M ARR by July 2025 (fastest in history), Reached $200M ARR by November 2025, $330M Series B December 2025 at $6.6B valuation, Reached $400M ARR by February 2026
Growth metrics
Reached $100M ARR by July 2025 (fastest in history), $200M ARR by November 2025, $300M ARR by January 2026, $400M ARR by February 2026. Over 8 million users, 25M+ total projects built, 100K+ new projects daily. 146 employees. $6.6B valuation after Series B in Dec 2025.
Market positioning
Positioned as a premium AI-native development platform bridging no-code, low-code, and professional development, targeting startups, product designers, and developers worldwide.
Geographic focus
Based in Stockholm with European investor backing; global market focus with significant US attention and no geographic user restrictions.
Patents and IP
No publicly available information on patents.
About Anton Osika
Co-founder and CTO of Depict, an AI-powered product discovery platform for e-commerce. Led development of core technology and scaled engineering team.
Official website: https://lovable.dev/