Lovable is a Stockholm-based AI company whose platform lets users build and ship working web applications from natural-language prompts, a workflow often described as vibe coding. The company was founded in 2023 by Anton Osika, who serves as CEO, and Fabian Hedin, who serves as CTO.
Lovable's growth has been unusually fast: annualized revenue rose from about $200 million in 2025 to roughly $500 million in 2026. In August 2026 the company raised a $400 million Series C led by Menlo Ventures and the EU-backed Scaleup Europe Fund, with Tencent among the new investors, valuing the company at $13.3 billion. Total funding across five rounds now stands at roughly $1.05 billion.