Lovable is a Swedish company that lets people create web applications by describing them in plain language. Founded in Stockholm in 2023 by Anton Osika and Fabian Hedin, it grew out of an open source project and became a leading name in vibe coding.
What it is
Users write prompts and the platform generates and edits a working application, which they can refine through conversation. It is aimed at people who are not professional developers as well as at developers who want to prototype quickly. See Vibe coding.
History
Osika released GPT Engineer in 2023, an open source tool that used language models to generate software. He and Hedin then built a commercial version called GPT Engineer App, which was renamed Lovable in December 2024 before open access began.
According to Wikipedia, Lovable raised a 200 million dollar Series A led by Accel at a valuation of 1.8 billion dollars in 2025, and a 330 million dollar Series B in December 2025 at a 6.6 billion dollar valuation. Bloomberg reported in November 2025 that the company said it had reached 200 million dollars in annual recurring revenue. The company had about 120 employees in 2025.
Why it matters to founders
Lovable is a headline example of how quickly an AI product can grow from an open source repository. It is also one of the tools through which non technical founders now build first versions of products.
Related entries
See Anton Osika, Vibe coding, Cursor and Supabase.
Lovable is part of AI and automation.
Sources
Wikipedia entries for Lovable and for Anton Osika. Revenue figures are company statements reported by the press. Reviewed October 2026.
