Lovable is gunning for $1 billion in annual recurring revenue within 12 months.
The vibe coding startup’s CEO Anton Osika told Bloomberg TV on Thursday they’re growing by at least $8 million in ARR every month.
In a blog post this summer, Lovable revealed it hit $100 million ARR just eight months after reaching its first $1 million. Now, Osika projects $250 million ARR by the end of the year and $1 billion ARR within the next year. 
Founded in 2023, Lovable quickly became a European AI star. It valued at $1.8 billion this summer after raising a $200 million Series A.
Anton Osika on Bloomberg TV:
“The company grows by at least $8 million in ARR each month.”
“We are projecting to reach $250 million in ARR by the end of this year.”
“The goal is to hit $1 billion ARR within the next 12 months.”
