GoKawiilLovable's annual run-rate revenue hits $600 million, up from $500M in June
Vibe-coding startup Lovable said its annualized revenue has reached $600 million, co-founder Fabian Hedin announced at the HumanX summit in Amsterdam. Hedin said two-thirds of Fortune 500 companies now use the platform, including Microsoft, NVIDIA and Deutsche Telekom, and that apps built on Lovable draw nearly a billion visits monthly. The company has raised over $700 million across two rounds since December, most recently at a $13.3 billion valuation.
GoKawiil's interpretation of the reporting above, not reported fact.
The rapid jump from $500 million to $600 million in run-rate revenue within months suggests strong enterprise adoption is translating quickly into growth, which could support Lovable's steep valuation increase. Hedin's emphasis on producing finished products rather than raw code points to a strategy of differentiating from code-generation tools like Codex, positioning Lovable closer to a business-building platform than a developer utility.
- Lovable's annualized revenue rose to $600 million from about $500 million in June.
- The startup says two-thirds of Fortune 500 companies use its platform, with clients including Microsoft, NVIDIA, and Deutsche Telekom.
- Lovable has raised over $700 million since December, reaching a $13.3 billion valuation in its August round.
Source: techcrunch.com — Ivan Mehta, 2026-09-24
Published there as: “Lovable’s annualized revenue crosses $600M as vibe coding takes off”
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