Breaking: Lovable crossed $100M ARR in 8 months
And launch Lovable Agent
After Replit hit $100M ARR, Lovable has just shattered records—hitting $100 million ARR in just eight months, outpacing OpenAI, Cursor, Wiz, and every other software company in history.
Just a week ago, Lovable raised $200M at $1.8 billion valuation. Now there are
And today, they’ve unveiled a groundbreaking update: error rates down by 91% thanks to the launch of Lovable Agent.
What is Lovable Agent?
Old Lovable: one-shot, single-step code generation—useful, but limited.
New Lovable Agent: a multi-step, agentic loop that can:
Decompose tasks
Search & inspect the codebase
Edit files
Fetch docs, images, debug logs
Query databases and analytics
Iterate until completion
This agent mimics a senior developer, planning, acting, reviewing, and adapting—resulting in dramatically fewer errors and more ambitious build outcomes.
Why This Matters
91% error reduction—projects break far less often.
Draws a line between quick hacks and production-grade dev.
Empowers non-experts to build serious apps.
Lovable is now functioning as a developer, not just a code generator.
Metrics That Speak Volumes
2.3 million active users, 180,000+ paid subscribers
$200 million Series A at a $1.8 billion valuation from Accel—with the team still at ~45 people
Previous growth: $1 M → $10 M ARR in two months; then $10 M → $60 M in six months
Here is a Historical ARR Growth journey of Lovable.
Success Stories Built with Lovable
Caio Moretti made $3M in 48 hours building on Lovable.
Jameel reached $90k ARR with a restaurant-focused tool.
These wins show that Lovable isn’t just hype—it’s driving real revenue.
Lovable Agent isn’t just another AI tool—it’s a paradigm shift. By combining:
Iterative problem-solving
Codebase understanding
External resources & debugging skills
It’s turned abstract prompts into connected, functional systems. For builders, this means less babysitting and more creation.
The AI coding industry is facing extremely fierce competition. From my last piece, Devin is achieving a $ 70M-$80M Run Rate, up 5-10x since January. Including Windsurf, the combined company is likely at ~$150M+ run-rate revenue now!