Lovable hits $500M annualized revenue, 1M weekly projects

Lovable told TechCrunch it surpassed $500 million in annualized revenue run rate, up from $400 million in February. The vibe coding startup, founded in late 2023, claims over 50 million projects built and one million new projects per week. Users are primarily non-technical founders, designers, and salespeople building monetized software and internal tools.