Lovable is a Swedish AI startup that became very popular due to its ability to enable users to create production-ready software without ever having to learn coding. After raising $15 million in pre-Series A funding in Feb 2025, led by Creandum, the company’s total funding now stands at $21.8 million.
Overview of the Platform
Lovable’s platform allows users to develop software applications without the expertise of traditional coding because it is so easy to use with its user-friendly prompts. Its GPT Engineer functionality allows users to code production-grade code in real-time, which makes website development, web applications, and prototyping faster. Its platform uses advanced AI models by OpenAI, Google Gemini, and Anthropic to offer stable and effective software solutions.
User Growth and Financial Success
Since its launch, Lovable has achieved an incredible user adoption rate with over 500,000 users creating over 25,000 new products every day. The company was among the fastest-growing startups in Europe, with $17 million annual recurring revenue (ARR) and 30,000 paid customers.
The Vision and Founders
Fabian Hedin and Anton Osika built Lovable with the vision to democratize software development using software accessible to non-technical people. Osika was a past co-founder at the $20 million YC-backed startup Depict.ai. Hedin developed interfaces for Stephen Hawking’s computer and developed wheelchair technology alongside former SpaceX engineers.
Future Plans
With the new funds, Lovable intends to make its platform more useful and user-friendly by enhancing its integration with third-party services such as GitHub for code storage and Supabase for databases.Lovable is a pioneer in AI-based coding tools because of its revolutionary software development approach, which has received a lot of attention.
