Lovable projects $1B in ARR within next 12 months

Vibe coding startup Loving His CEO Anton Osika said the goal of hitting $ 1 billion in annual revenue in the next 12 months.

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.

This article was updated to reflect the spelling of the company’s name.

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