TechCrunch · Jun 2026
Lovable reported more than $500M in annualized revenue, 50M projects, and one million new projects per week.
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Lovable is a Stockholm-founded AI software-creation company that lets people build, edit, deploy, and operate web applications through natural-language conversation. It targets non-technical builders, developers, startups, and enterprise teams, and has expanded from prompt-to-app generation into a hosted full-stack application platform.
Primary product
Lovable: a conversational AI app builder and hosted Apps Platform that generates editable software, live previews, databases, authentication, file storage, custom domains, integrations, and deployment workflows.
Founded
2023
Headquarters
Stockholm, Sweden
Team size
146 reported in March 2026; later public estimates range from roughly 500–600, but these are not consistently corroborated
Work style
Flexible
Industry
Software development
Sub-industry
Generative AI / AI-assisted application development
Offices
Business model
Leadership
Co-founder and CEO
Co-founder; publicly associated with CTO/technical leadership
Patrik “Totte” Torstensson
Head of Engineering
Lovable describes a small, talent-dense, high-ownership organization emphasizing fast shipping, low-ego collaboration, care deeply, urgency with care, ambition with trust, and building a legacy. Hiring pages describe the company as remote-friendly, while many individual roles are listed as on-site.
Work style
Flexible
Compensation
Public careers materials confirm equity and benefits but do not provide a reliable company-wide salary range. Some roles mention relocation support; public evidence is insufficient to establish universal visa sponsorship.
Benefits
Pricing
Freemium with paid monthly plans, monthly AI-credit allocations, credit top-ups, and usage-based hosting; enterprise pricing is custom. Public secondary reporting identifies Pro and Business tiers around $25 and $50 per month when billed annually, but pricing can change.
Differentiators
Technology
Estimated revenue
$400M–$500M annualized revenue/run-rate, based on company-reported figures in March–June 2026; not audited annual revenue
Estimated monthly visits
34.8M
Traffic estimate as of Jul 2026
TechCrunch · Jun 2026
Lovable reported more than $500M in annualized revenue, 50M projects, and one million new projects per week.
TechCrunch · Mar 2026
The company reported $400M ARR in February 2026, 146 employees, and enterprise customers including Klarna and HubSpot.
Lovable · Dec 2025
Lovable announced its $330M Series B at a $6.6B valuation, led by CapitalG and Menlo Ventures’ Anthology fund.
TechCrunch · Jul 2025
Accel led Lovable’s $200M Series A at a $1.8B valuation.
61 jobs at Lovable
Feb 2025 · Creandum
Oct 2024 · Hummingbird Ventures and byFounders
Customers
Competitors
TechCrunch · Feb 2025
Creandum led a $15M pre-Series A after an earlier €6.8M pre-seed round.