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Lovable Shatters Records: $100M ARR in 8 Months as AI Democratizes App Development

Lovable Shatters Records: $100M ARR in 8 Months as AI Democratizes App Development

Swedish AI startup Lovable has become the fastest-growing software company ever, hitting $100 million in annual recurring revenue just eight months post-launch. Its generative AI platform empowers non-technical users to build apps and websites via simple text prompts, amassing 2.3 million users and enabling over 10 million projects. A massive $200M Series A funding round values Lovable at $1.8B, fueling its vision to 'unlock a new economy' with its newly 'fully agentic' platform.