Lovable has crossed annual run-rate revenue of $600 million, the company’s co-founder Fabian Hedin said at the HumanX summit in Amsterdam on Thursday.
Last December, it raised $300 million from Menlo Ventures and CapitalG at a $6.6 billion valuation.
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The vibe-coding platform in June said number was around $500 million. Hedin said the startup has focused on growing its enterprise business, and said two-thirds of Fortune 500 companies are now using its product.
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The article, shortened and in plain language
Lovable has crossed annual run-rate revenue of $600 million, the company’s co-founder Fabian Hedin said at the HumanX summit in Amsterdam on Thursday. The vibe-coding platform in June said that number was around $500 million.
Hedin said the startup has focused on growing its enterprise business, and said that two-thirds of Fortune 500 companies are now using its product.
Last December, it raised $300 million from Menlo Ventures and CapitalG at a $6.6 billion valuation. Then, this August, the startup raised $400 million from Menlo Ventures and the Scaleup Europe Fund at a $13.3 billion valuation.
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