Rapidly growing Swedish coding starting AI Vibe Lovable It has become the last unicorn of Europe. Only eight months after its launch, the start has raised a $ 200 million series, led by ACCEL in valuation of $ 1.8 billion.
Like the runner and other platforms that help developers to write code and create applications by utilizing the coding and reasoning skills of large language models, Stockholm -based Lovable helps people use natural language to create websites and applications. The launch trajectory so far has been mapped directly to heaven, with the company claiming that it now has over 2.3 million active users.
These users use lovable free of charge to be clear but in a recent discussionAnton Osika chief executives said it now has over 180,000 subscribers paying and the company had reached annual repetitive revenue 75 million $ in seven months. This attraction probably contributed to this oversized order a.
The A SAW series participated by existing investors, which include 20VC, byfounders, creandum, Hummingbird and visionaries. In February, Crandum led a series of $ 15 million in a series of pre-company pre-seas.Just $ 2 million spent.”
The start has managed this hockey-pack with a fairly sparse group of only 45 full-time employees. This is almost for many angels investors who said they were involved in this round, including CEO of Klarna Sebastian Siemiatkowski. Remote Managing Director Van der Voort? Co -founder Slack Stewart Butterfield? And the co -founder of Hubspot Dharmesh Shah.
Most of Lovable’s attraction seems to come from non -technical users who use it to create prototypes that can later work with developers to create more applications and websites. This, and tests, are likely to be most of the 10 million projects created on the platform to date, the company said in a press release.
However, Lovable also predicts that it becomes a tool that can be used to create production applications that support complete businesses.
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“Every day, brilliant founders and operators with ideas that change the game hit the same wall: they have no developer to realize their vision quickly and easily,” Osika said in a statement.
In particular, Osika recently said In x that it is now an angel investor in a software starting that was apparently built with lovable. (Going with a few indications in the position, this boot appears to be an advertising platform Fracture – We have reached the founder of Startdust for confirmation but have not heard back.)
Osika too famous That an application made by a large Brazilian Edtech company used by Lovable had earned $ 3 million in $ 48. This could present another way of growth for Lovable, which has already managed to acquire business customers, including Klarna and Hubspot.
