Lovable says it has hit $500M in annualized revenue, with 1 million new projects a week
Europe’s fast-growing vibe coding startup, Lovable, tells TechCrunch it has surpassed $500 million in annualized revenue run rate. Lovable last discussed its revenue in February, when the company said it crossed $400 million. In August, 2024, Lovable said it could hit $1 billion in annualized revenue within 12 months.
- ▪Europe’s fast-growing vibe coding startup, Lovable, tells TechCrunch it has surpassed $500 million in annualized revenue run rate.
- ▪Lovable last discussed its revenue in February, when the company said it crossed $400 million.
- ▪In August, 2024, Lovable said it could hit $1 billion in annualized revenue within 12 months.
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| Original publisher | TechCrunch |
| Canonical URL | https://techcrunch.com/2026/06/09/lovable-says-it-has-hit-500m-in-annualized-revenue-with-1-million-new-projects-a-week/ |
| Publication time | Tue, 09 Jun 2026 13:00:00 +0000 |
| Retrieval time | 2026-06-09T13:08:17.735Z |
| Last seen | 2026-06-09T13:54:21.867Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | bDIqZeP0ch6R |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Europe’s fast-growing vibe coding startup, Lovable, tells TechCrunch it has surpassed $500 million in annualized revenue run rate. Lovable last discussed its revenue in February, when the company said it crossed $400 million. In August, 2024, Lovable said it could hit $1 billion in annualized revenue within 12 months. It may not be on track to double that figure by summer, but it is still reporting jaw-dropping growth; the company, founded in late 2023, hasn’t yet hit its three-year anniversary. The company also claims it has been used to build over 50 million projects and says usage has accelerated to one million new projects a week.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.
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