Overview

• The $200 million Series A round was led by Accel with support from existing backers including 20VC, byFounders, Creandum, Hummingbird, Visionaries Club and angel investors such as Sebastian Siemiatkowski.
• Since its launch eight months ago, Lovable has amassed over 2.3 million active users, converted 180,000 into paid subscribers and achieved $75 million in annual recurring revenue with just 45 employees.
• The AI vibe-coding platform turns simple text prompts into functional websites and apps, lowering the barrier to software creation for non-technical users.
• Lovable has secured contracts with enterprise clients such as Klarna, HubSpot and Photoroom as it shifts toward production-grade deployments.
• After reports of early security flaws, the company has rolled out enhanced system reviews to safeguard user data and reinforce trust.