Loveable projects $1B in ARR within next 12 months

Vibe Coding Startup is profitable, and his CEO Anton Osika said that the annual revenue of $ 1 billion in the next 12 months is to hit $ 1 billion.

Talking Bloomberg TV on Thursday, Osika said that the company increased at least million of million in ARR every month. In Post a blog written this summerThe agency says that it has passed $ 100 million on ARR just eight months after the first 1 million dollars. Osika told Bloomberg on Thursday that the company decided to reach $ 250 million in ARR later this year and it is hopeful to reach $ 1 billion in the next 12 months.

Established in 2023, the company has become one of Europe’s AI Darlings. It has evaluated $ 1.8 billion dollars this summer, At a $ 200 million series raising.