Lovable

Founded 2024Stockholm, Sweden50+ employees$150M valuation
AI StartupPrivateFastest growing
ARRest
~$100M
Valuationest
$150M+
Growth
Fastest ever to $100M ARR
Product
AI app builder — no code

Lovable — Net Worth and Career Earnings

Lovable (formerly GPT Engineer) is an AI-powered app builder that allows non-developers to create full-stack web applications through natural language prompts. Founded in Stockholm in 2024, it achieved what may be the fastest growth to $100 million in annual recurring revenue of any software product in history — reportedly reaching that milestone in approximately 10 weeks.

The product competes in the emerging AI-native development category alongside Bolt.new, Vercel's v0, and Replit. Its pricing of $20-50 per month targets both developers looking to accelerate prototyping and non-technical founders building MVPs. The speed of growth reflects the enormous pent-up demand for tools that allow anyone to build software without coding.

Business

Product
Build full-stack apps with AI prompts
ARR
~$100M — reached in ~10 weeks est
Record
Possibly fastest SaaS to $100M ARR ever
Pricing
$20-50/month
Competition
Bolt.new, v0, Replit, Cursor

Company

Founded
2024, Stockholm
Previously
GPT Engineer
Backed by
EQT Ventures and others
Employees
50+
Category
AI-native no-code app builder
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