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Fortune

Beatrice Nolan

Lovable’s CEO says the company is targeting enterprise customers as its ARR doubles to $200 million in just four months

Lovable CEO Anton Osika speaking on stage. (Credit: Sam Barnes—Sportsfile for Web Summit/Getty Images)

Swedish “vibe-coding” startup Lovable has reached $200 million in annual recurring revenue (ARR), doubling its total from just four months earlier, cofounder and CEO Anton Osika told attendees at the Slush 2025 technology conference in Helsinki.

Lovable determines ARR by taking the prior month’s revenue, multiplying it by 12, and annualizing the result, according to Osika.

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