Vibe coding platform Lovable becomes fastest-growing software startup ever
Lovable, a Swedish AI startup, has become the fastest-growing software company ever, reaching $100 million in annual recurring revenue (ARR) just eight months after its launch. This milestone surpasses the growth rates of companies like Cursor and Wiz. Lovable's success is attributed to the popularity of its generative AI platform, which allows non-technical users to build apps or websites based on simple text prompts. The platform was co-founded by Anton Osika, who aimed to create a solution for the 99% of people who do not typically create software. The article highlights Lovable's rapid growth and its potential to democratize software development by empowering a wider audience to create their own applications and websites without extensive coding knowledge. This achievement underscores the growing demand for user-friendly, AI-powered tools in the software industry.
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