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The Late Stage 50 · 2026 edition · #29 of 50

Lovable

Lovable lets users build software and web products by describing them in plain language.

Access late stageBack to the list
US$600m+Run-rate · Sep 2026
—growth not disclosed
#29rank by disclosed revenue

The figure

Revenue
annual run-rate revenue above US$600 million
Run-rate · Sep 20261TechCrunch · 24 Sept 2026
In US dollars
US$600m+
as stated
Standing
stated
Named executive on the record — via TechCrunch
Published
24 Sept 2026
accessed 17 Oct 2026
Evidence
“Lovable has crossed annual run-rate revenue of $600 million, the company’s co-founder Fabian Hedin said” — as read on the source page1TechCrunch · 24 Sept 2026
Prior year
ARR of US$200 million
ARR · Nov 20252Lovable · 18 Nov 2025
Growth
—
no comparable year-on-year figure: rates over periods shorter than a year, or built on floors or approximations, are not shown

Context

Founded
2023
3lovable.dev
Headquarters
Stockholm, Sweden
3lovable.dev
Sector
AI applications
AI software creation platform ('vibe coding')
IA40 2026
Late · #10
on the list 2× (2025–2026)4IA40 · 19 Oct 2026
Website
lovable.dev
Valuation
US$13.3bn
Series C $400M · Aug 2026 · as reported, not part of the ranking5Lovable
Status
Private as of 17 October 2026
Series C announced 12 Aug 2026; Forbes (Oct 2026 profile) says 'Private investors valued Lovable at $13.3 billion in August 2026'. No listing found.6status check · 17 Oct 2026

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References

Every figure on this page, by source.

  1. 1TechCrunch · 24 Sept 2026techcrunch.com/2026/09/24/lovables-annualized-revenue-crosses-600m-as-vibe-coding-takes-of…
  2. 2Lovable · 18 Nov 2025lovable.dev/blog/one-year-of-lovable
  3. 3lovable.devlovable.dev/
  4. 4IA40 · 19 Oct 2026www.ia40.com/the-list/
  5. 5Lovablelovable.dev/blog/series-c
  6. 6status check · 17 Oct 2026www.forbes.com/profile/fabian-hedin/

Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.