In the world of AI startups, Lovable isn’t just fast—it’s furious.
The Swedish company, founded in 2023, is now raising $150 million at a stunning $2 billion valuation, according to Financial Times. Just a few months ago, it was calling a $15M raise its “pre-Series A.” Now? Those days feel ancient.
Accel is leading this massive new round. Creandum and 20VC are also in. It’s a huge leap in funding and ambition. But with all this cash, a bigger question looms: Can Lovable stay true to its mission, or will it chase the money trail?
Building Apps with Just a Prompt
Lovable’s product is simple but powerful. You type in a prompt. It builds a whole web app. Front end, back end, even a database—done. It uses tools like React and Supabase under the hood. It’s kind of like magic for non-coders.
It launched just last November. But by May 2025, CEO Anton Osika announced the company hit $50 million ARR in just six months.
That kind of growth? Wild.
What’s the Catch?
Lovable starts at $25/month. One user on Reddit built an app with 29,000+ lines of code for $250. It’s cheap. It’s fast. It works.
But now, Lovable is rolling out a beta AI agent. This tool can read code, fix bugs, and edit your project—basically your AI co-pilot.
Here’s the twist: the more you ask the agent to do, the more it costs. It runs on a usage-based model, just like OpenAI and others. More automation, higher bills.
Innovation vs. Imitation
Lovable isn’t alone. Competitors like Replit and Bolt are also in the AI app builder race. Everyone’s chasing the same dream: one prompt, one product.
But while others are building fast, Lovable is building loud. It’s got the hype, the investors, and the revenue. The question is—can it stay original as it scales?
Lovable’s journey is a classic startup tale—but with an AI twist. From a “vibe-coded” idea to a billion-dollar rocket ship, it’s growing fast. Maybe too fast?
Also Read Base44, Six-Month-Old Vibe Code AI Startup, Acquired by Wix for $80 Million
