Lovable (company)

Last updated
Lovable Labs Incorporated
Company type Private
Industry Software
Incorporated Dover, Delaware, United States
Founded2023;3 years ago (2023) in Stockholm, Sweden
Founders
  • Anton Osika
  • Fabian Hedin
Headquarters
Stockholm
,
Sweden [1]
Key people
  • Anton Osika (CEO)
  • Fabian Hedin (CTO)
Number of employees
120 (2025) [1]
Website lovable.dev

Lovable is a Swedish vibe coding platform and company. Founded in Stockholm in 2023, it is now incorporated in Delaware. It provides software that allows users to enter prompts to automate software development.

Contents

History

In 2023, Anton Osika developed "GPT Engineer", an open-source software that used large language models to code software applications. With Fabian Hedin, the pair then developed "GPT Engineer App" a commercialized version of GPT Engineer. In December 2024, Osika and Hedin renamed the app Lovable. [2] [3]

Funding

In February 2025, Lovable raised a $200 million Series A led by Accel at a $1.8 billion valuation making it one of the fastest growing technology companies in Europe. [4] [5]

In November 2025, Bloomberg reported that Lovable said it had reached $200 million in annual recurring revenue (ARR), and that it was close to raising new funding that would value the company above $6 billion, according to a person familiar with the matter. [6]

In December 2025, Lovable raised $330 million in a Series B funding round led by CapitalG and Menlo Ventures at a $6.6 billion valuation. Khosla Ventures, Salesforce Ventures, and Databricks Ventures also participated, among other investors. [7]

Security

In March 2025, a Replit employee discovered a security vulnerability in websites created with Lovable. The platform allows websites to connect to the Supabase database platform. Many websites did not correctly correctly configure access controls for their database, which made their contents public. Lovable responded by automatically checking websites for access controls, but this scan did not determine whether the access controls were correct. [8]

References

  1. 1 2 Gallogly, Niko (December 18, 2025). "Lovable, a Start-Up That Makes Anyone a Coder, Raises $330 Million". The New York Times. Retrieved January 26, 2026.
  2. ↑ Martin, Iain (23 July 2025). "Vibe Coding Unicorn Lovable Is The Fastest Growing Software Startup Ever". Forbes. Retrieved 23 November 2025.
  3. ↑ Loizos, Connie (November 10, 2025). "Lovable says it's nearing 8 million users as the year-old AI coding startup eyes more corporate employees". TechCrunch. Retrieved January 25, 2026.
  4. ↑ "Lovable becomes a unicorn with $200M Series A just 8 months after launch". 17 July 2025.
  5. ↑ "AI start-up Lovable receives funding offers at $4bn valuation".
  6. ↑ Sun, Yazhou (2025-11-18). "AI Startup Lovable Hits $200 Million in Annualized Sales, Set For Fresh Fundraise". Bloomberg. Retrieved 2025-12-15.
  7. ↑ Szkutak, Rebecca (18 December 2025). "Vibe-coding startup Lovable raises $330M at a $6.6B valuation". TechCrunch. Retrieved 22 December 2025.
  8. ↑ Albergotti, Reed (29 May 2025). "The hottest new vibe coding startup may be a sitting duck for hackers". Semafor. Retrieved 23 November 2025.
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