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July 23, 2025

Lovable hits $100m ARR, claims to be the fastest-growing software company ever

The Swedish AI coding startup says more than 100k projects are now being created on its platform daily

Amy Lewin

2 min read

Europe’s newest AI darling, Stockholm-based coding app Lovable, says it’s hit $100m annual recurring revenue (ARR) just a week after announcing a $200m funding round. 

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Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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