Lovable Says Annualized Revenue Crosses $600 Million as Visits Near 1 Billion
Co-founder Fabian Hedin said revenue rose from about $500 million in June, while user-created apps receive nearly 1 billion visits each month.
Lovable’s annualized revenue crossed $600 million as user-created apps on the platform received nearly 1 billion visits per month, co-founder Fabian Hedin said Sept. 24.
The figure increased from about $500 million in June, underscoring the company’s recent revenue growth. Lovable offers hosting, deployment and scaling services for applications created through its platform.
Hedin said Lovable has focused on growing its enterprise business. He claimed that two-thirds of Fortune 500 companies now use the platform, with Microsoft, Nvidia and Deutsche Telekom among its customers.
The company has raised more than $700 million across two funding rounds completed eight months apart. Lovable raised $300 million at a $6.6 billion valuation in December 2025, followed by a $400 million round at a $13.3 billion valuation in August 2026.
The latest revenue figure and enterprise focus highlight Lovable’s position among platforms that help users build applications with artificial intelligence. Its platform’s nearly 1 billion monthly visits exceed the company’s own traffic, Hedin said.
