$500M Lovable Run Rate Puts SaaS Vendors on Notice

Lovable says users are creating 1 million new projects a week, while the company has crossed $500 million in annualized run-rate revenue before its third anniversary. That pairing matters more than either number alone. Revenue shows customers are paying. Project volume suggests the product is becoming a place where non-engineers try to turn software ideas into working tools.

The European vibe coding startup disclosed the figures to TechCrunch, saying it has now been used to build over 50 millio