Overview
- CEO Anton Osika said the Stockholm-based platform is closing in on 8 million users and sees about 100,000 new products created on Lovable each day.
- The company has just passed the 100-employee mark, is recruiting leadership from San Francisco, and says more than half of Fortune 500 companies use its tools.
- Responding to sector risks, Lovable is prioritizing security hires and now runs multiple checks before deployment, while advising outside experts for sensitive apps like banking.
- CFO Matias Salonen detailed a rapid back-office overhaul, consolidating accounting and payments with Light and onboarding JP Morgan to handle the summer capital raise.
- Lovable previously hit roughly $100 million in ARR but offered no new figure; Barclays flagged a 40% traffic drop by September, as Osika pointed to strong retention and declined to discuss rumored higher-valuation funding.