Lovable is a Swedish AI startup founded in 2023 by Anton Osika and Fabian Hedin. The company has developed an AI-powered platform that empowers users to create software applications without requiring any coding knowledge. By leveraging natural language processing, Lovable's technology allows users to quickly turn their ideas into functional products, significantly lowering the barriers to software development. Since its launch in late 2024, Lovable has rapidly ascended to become one of the fastest-growing startups in European history, demonstrating its commitment to democratizing software development. This mission aims to make application creation accessible to non-technical users while concurrently enhancing productivity for seasoned developers.
Lovable's platform encompasses a range of primary offerings, including an AI-powered software development platform, a web application builder, and a comprehensive full-stack AI engineer tool. The company is poised to transform traditional software development methodologies and aspires to emerge as a key player that could provide the essential solutions needed for the future of application development. As of February 2025, Lovable has reported significant growth metrics, including an annual recurring revenue of $17.5 million and 30,000 paying customers, reflecting its strong market position and expanding user adoption.