Lovable’s annualized revenue crosses $600M as vibe coding takes off

# Lovable's annualized revenue crosses $600M as vibe coding takes off | TechCrunch Source: [https://techcrunch.com/2026/09/24/lovables-annualized-revenue-crosses-600m-as-vibe-coding-takes-off/](https://techcrunch.com/2026/09/24/lovables-annualized-revenue-crosses-600m-as-vibe-coding-takes-off/) **Image Credits:**HumanX/Mementophoto 7:43 AM PDT · September 24, 2026 Lovable has crossed annual run\-rate revenue of $600 million, the company’s co\-founder Fabian Hedin said at the HumanX summit in Amsterdam on Thursday\. The vibe\-coding platform in June said that number[was around $500 million](https://techcrunch.com/2026/06/09/lovable-says-it-has-hit-500m-in-annualized-revenue-with-1-million-new-projects-a-week/)\. Hedin said the startup has focused on growing its enterprise business, and claimed that two\-thirds of Fortune 500 companies are now using its product\. Its customers include Microsoft, Nvidia, and Deutsche Telekom\. He also said apps created by users on the platform are together attracting nearly a billion views per month\. “You can use these tools \[like Codex or Claude code\] to output code\. The difference is that Lovable does not output code\. The output is a product, and increasingly so, a business\. We do a lot of things around hosting, deployment, and scaling apps\. We have close to a billion visits per month to the apps that we’ve created, which is an order of magnitude more than Lovable itself,” he said\. The company has raised over $700 million in two rounds just eight months apart\. Last December, it raised $300 million from Menlo Ventures and CapitalG at a $6\.6 billion valuation\. Then, this August, the startup raised[$400 million](https://techcrunch.com/2026/08/12/lovable-confirms-new-13-3b-valuation-raises-another-400m/)from Menlo Ventures and the Scaleup Europe Fund at a $13\.3 billion valuation\. *When you purchase through links in our articles,[we may earn a small commission](https://techcrunch.com/techcrunch-affiliate-monetization-standards/)\. This doesn’t affect our editorial independence\.* Ivan covers global consumer tech developments at TechCrunch\. He is based out of India and has previously worked at publications including Huffington Post and The Next Web\. You can contact or verify outreach from Ivan by emailing[im@ivanmehta\.com](mailto:[email protected])or via encrypted message at ivan\.42 on Signal\. [View Bio](https://techcrunch.com/author/ivan-mehta/) ## Most Popular