July 19, 2025 — Swedish fastest growing AI vibe coding Startup Lovable now become Unicorn with Valuation over $200M in Series A round led by Accel at a $1.8 billion valuation, after launching in first eight month.
Website and app-building platform Lovable has raised new funding just eight months after launching its product, which enables users to create digital projects using natural language commands.
The company reports impressive growth, with over 2.3 million active users, including 180,000 paying subscribers. This strong user base has helped Lovable reach an annual recurring revenue (ARR) of US$75 million in just seven months.
Lovable’s platform has powered the creation of more than 10 million projects, mostly by non-technical users. These users often build early-stage prototypes to collaborate more efficiently with developers.
The latest funding round saw continued support from existing investors, including 20VC, byFounders, Creandum, Hummingbird, and Visionaries Club.
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The round also attracted high-profile angel investors, such as Sebastian Siemiatkowski, CEO of Klarna, and Stewart Butterfield, co-founder of Slack.
Lovable plans to use the new funding to expand its product capabilities and scale its team as it aims to simplify app and website creation for millions around the world.
