--- title: Lovable reaches $600M annualized revenue, claims... description: Lovable co-founder Fabian Hedin announced at the HumanX summit in Amsterdam that the vibe-coding platform reached $600 million in annualized revenue, up from... canonical: https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Lovable reaches $600M annualized revenue, claims two-thirds of Fortune 500 as users | daily.dev og:description: Lovable co-founder Fabian Hedin announced at the HumanX summit in Amsterdam that the vibe-coding platform reached $600 million in annualized revenue, up from... og:url: https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg og:image: https://api.daily.dev/og/posts/WRWReZBFG.png og:image:alt: Lovable reaches $600M annualized revenue, claims two-thirds of Fortune 500 as users og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Lovable reaches $600M annualized revenue, claims two-thirds of Fortune 500 as users **[Collections](https://daily.dev/sources/collections)** · 2 min read · 0 upvotes · 0 comments ## Summary Lovable co-founder Fabian Hedin announced at the HumanX summit in Amsterdam that the vibe-coding platform reached $600 million in annualized revenue, up from $200 million a year prior and $500 million in June. He cited Microsoft, Nvidia, and Deutsche Telekom as enterprise users, with Deutsche Telekom alone building over 2,000 apps, and claimed two-thirds of Fortune 500 companies use the platform, mostly via organic employee adoption. Apps built on Lovable reportedly draw close to a billion monthly visits combined. The company has raised over $700 million in two rounds across eight months, including a $400 million Series C at a $13.3 billion valuation. Hedin distinguished Lovable from code-output tools like Codex or Claude Code by framing it as generating deployed products rather than raw code, routing requests across more than 100 models automatically rather than exposing a model picker. ## Content Lovable co-founder and CTO Fabian Hedin said at the HumanX summit in Amsterdam that the vibe-coding platform has hit $600 million in annualized revenue, up from around $200 million a year ago and $500 million as recently as June. Hedin named Microsoft, Nvidia, and Deutsche Telekom as enterprise users, saying Deutsche Telekom alone has built over 2,000 apps on the platform. He claimed two-thirds of Fortune 500 companies now use Lovable, typically discovered organically by employees rather than through top-down procurement. Apps built on the platform collectively draw close to a billion monthly visits. On the funding side, Lovable has raised over $700 million across two rounds in eight months, including a $400 million Series C that valued the company at $13.3 billion. Hedin drew a distinction between Lovable and code-output tools like Codex or Claude Code. The pitch is that Lovable produces a hosted, deployed product rather than raw code — generating businesses, in his framing, not just files. Under the hood, the platform routes requests across more than 100 models based on cost and quality rather than exposing a model picker to users. Hedin also touched on how the platform handles security for AI-generated apps, though specifics weren't detailed publicly. The growth numbers are striking, though it's worth noting these are annualized figures shared by a company executive at a promotional event, not audited revenue. ## Questions this post answers ### How much annualized revenue does Lovable have now compared to a year ago? Lovable's annualized revenue reached $600 million, up from about $200 million a year earlier and $500 million as of June. The company also raised over $700 million across two funding rounds in eight months, including a $400 million Series C that valued it at $13.3 billion. These figures were shared by co-founder Fabian Hedin at a conference and are not audited. _Founders tracking AI app-builder momentum can follow funding and growth news like this on daily.dev._ ### How does Lovable differ from code-generation tools like Claude Code or Codex? Lovable positions itself as producing a hosted, deployed product rather than raw code output, framing its output as a business rather than files. It routes requests across more than 100 underlying AI models automatically based on cost and quality, instead of letting users pick a model directly, unlike tools such as Codex or Claude Code that hand back code. _Developers comparing vibe-coding platforms against code-focused assistants can track these distinctions on daily.dev._ ## Similar posts on daily.dev - [Vibe-coding startup Lovable raises $330M at a $6.6B valuation](https://daily.dev/posts/vibe-coding-startup-lovable-raises-330m-at-a-6-6b-valuation-heyq4y2o2) · TechCrunch · 2 upvotes · 0 comments - [Lovable is reportedly in talks to raise $300M at a $13.2bn valuation](https://daily.dev/posts/lovable-is-reportedly-in-talks-to-raise-300m-at-a-13-2bn-valuation-o6imakvx2) · The Next Web · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#ai-coding](https://daily.dev/tags/ai-coding), [#claude-code](https://daily.dev/tags/claude-code), [#vibe-coding](https://daily.dev/tags/vibe-coding), [#lovable](https://daily.dev/tags/lovable) [View this post on daily.dev](https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Lovable reaches $600M annualized revenue, claims two-thirds of Fortune 500 as users","url":"https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg"},"datePublished":"2026-09-24T14:52:05.644Z","dateModified":"2026-09-24T14:52:41.852Z","description":"Lovable co-founder Fabian Hedin announced at the HumanX summit in Amsterdam that the vibe-coding platform reached $600 million in annualized revenue, up from...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/2db170bd85e96c8574de237bb8d33d98?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/2db170bd85e96c8574de237bb8d33d98?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"Collections","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Collections","logo":"https://media.daily.dev/image/upload/s--fk_6ycEi--/f_auto,q_auto/v1780996001/logos/collections?_a=BAMAMiWQ0","url":"https://daily.dev/sources/collections"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,ai-coding,claude-code,vibe-coding,lovable","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Collections","item":"https://daily.dev/sources/collections"},{"@type":"ListItem","position":3,"name":"Lovable reaches $600M annualized revenue, claims two-thirds of Fortune 500 as users"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/lovable-reaches-600m-annualized-revenue-claims-two-thirds-of-fortune-500-as-users-wrwrezbfg#faq","mainEntity":[{"@type":"Question","name":"How much annualized revenue does Lovable have now compared to a year ago?","acceptedAnswer":{"@type":"Answer","text":"Lovable's annualized revenue reached $600 million, up from about $200 million a year earlier and $500 million as of June. The company also raised over $700 million across two funding rounds in eight months, including a $400 million Series C that valued it at $13.3 billion. These figures were shared by co-founder Fabian Hedin at a conference and are not audited. Founders tracking AI app-builder momentum can follow funding and growth news like this on daily.dev."}},{"@type":"Question","name":"How does Lovable differ from code-generation tools like Claude Code or Codex?","acceptedAnswer":{"@type":"Answer","text":"Lovable positions itself as producing a hosted, deployed product rather than raw code output, framing its output as a business rather than files. It routes requests across more than 100 underlying AI models automatically based on cost and quality, instead of letting users pick a model directly, unlike tools such as Codex or Claude Code that hand back code. Developers comparing vibe-coding platforms against code-focused assistants can track these distinctions on daily.dev."}}]} ```