Lovable hits unicorn status eight months after launch with $200M Series A at $1.8B valuation.
Stockholm-based startup Lovable builds websites and apps using natural language and AI coding tech, attracting 2.3 million active users so far. Most use it free, but CEO Anton Osika reports over 180,000 paying subscribers generating $75M ARR in just seven months.
The Series A was led by Accel, with returning backers 20VC, byFounders, Creandum, Hummingbird, and Visionaries Club. Creandum previously led a $15M pre-Series A in February, when Lovable had 30,000 paying customers and $17M ARR. 
The rapid growth comes from a lean team of 45 employees. High-profile angels invested in this round include Klarna CEO Sebastian Siemiatkowski, Remote CEO Job van der Voort, Slack co-founder Stewart Butterfield, and Hubspot co-founder Dharmesh Shah.
Lovable is Europe’s newest AI startup unicorn, scaling fast with AI-powered coding tools and aggressive user growth.
Read more at lovable.dev.
