Lovable, the no-code AI platform founded by Anton Osika, has crossed $100 million in annual recurring revenue (ARR) in just eight months—outpacing early growth benchmarks set by notable players like OpenAI, Cursor, and Wiz.
Sharing the milestone on LinkedIn, Osika wrote:
“Old Lovable helped us go from $1M to $100M ARR. Today’s update will (hopefully) take us to $1B.”
Lovable enables users to build websites and applications using natural language prompts, eliminating the need for traditional coding. The platform currently serves 2.3 million active users, with over 180,000 paying subscribers.
As part of its latest update, the company introduced the Lovable Agent, an AI-powered assistant designed to function like a senior software developer—breaking down tasks, editing code, and refining output. The tool reportedly reduces error rates by 91%, and now supports complex builds by integrating capabilities like file editing, image generation, web search, and database querying.
To celebrate the milestone, Lovable is offering $100 in free credits and access to a 16-page prompt engineering guide aimed at helping users optimize their builds.
The company is backed by a $200 million Series A led by Accel, with participation from angel investors including Sebastian Siemiatkowski (Klarna), Stewart Butterfield (Slack), and Dharmesh Shah (HubSpot).
Lovable is also seeing early signs of community-driven momentum, with early adopters like Caio Moretti and Jameel building profitable ventures on the platform—highlighting its growing influence in the rapidly evolving AI-native development ecosystem.
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