CosmicTaco

Lovable Joins $100M ARR Club in 8 Months

CosmicTaco · 2025-07-24T10:48:02.048888+05:30

- Lovable, a Swedish startup, reached a $100M annual recurring revenue milestone just eight months after its launch, driven by its AI-powered website and app builder's popularity. - With an impressive employee-to-revenue ratio, Lovable's 45-strong team has garnered over 2.3 million active users and 180,000 paying subscribers. - The company prioritizes user satisfaction, even making strategic changes like moving Team tier users to a more affordable Pro tier, temporarily losing $1.5M ARR. - Lovable introduced a Business tier to address enterprise needs, aiming to expand usage beyond prototyping with features like SSO and private projects. - As the European $100M ARR club grows, Lovable is leveraging AI advancements to strengthen its foothold in the competitive market. Source: [TechCrunch](https://techcrunch.com/2025/07/23/eight-months-in-swedish-unicorn-lovable-crosses-the-100m-arr-milestone/)

Lovable, a Swedish startup, reached a $100M annual recurring revenue milestone just eight months after its launch, driven by its AI-powered website and app builder's popularity.
With an impressive employee-to-revenue ratio, Lovable's 45-strong team has garnered over 2.3 million active users and 180,000 paying subscribers.
The company prioritizes user satisfaction, even making strategic changes like moving Team tier users to a more affordable Pro tier, temporarily losing $1.5M ARR.
Lovable introduced a Business tier to address enterprise needs, aiming to expand usage beyond prototyping with features like SSO and private projects.
As the European $100M ARR club grows, Lovable is leveraging AI advancements to strengthen its foothold in the competitive market.

Source: TechCrunch