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flag Swedish AI startup Lovable doubled its annual revenue to $200 million by Nov. 2025, using AI to turn text into full web apps.

flag Swedish AI startup Lovable, founded in 2023, has doubled its annual recurring revenue to $200 million by November 2025, driven by its AI platform that turns natural language into full-stack web apps. flag The company, led by CEO Anton Osika, is expanding into enterprise markets with enhanced tools for building, hosting, and maintaining software through a single interface. flag It has added executives from Notion, Gusto, Dropbox, and Meta, opened offices in San Francisco and Boston, and aims to democratize development through “vibe-coding,” targeting non-technical users while competing with major tech firms.

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