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TechDogs-"Lovable Hits $400M ARR In February, Adds $100M In A Month With 146 Employees"

Artificial Intelligence

Lovable Hits $400M ARR In February, Adds $100M In A Month With 146 Employees

By Amisha Dash

Updated on Thu, Mar 12, 2026

Overall Rating

Lovable has crossed $400 million in annual recurring revenue in February 2026, after adding $100 million in ARR in a single month, according to TechCrunch. The Stockholm-based AI coding startup reached the milestone with 146 full-time employees, highlighting how quickly AI-native software companies can scale when enterprise demand starts to compound.

TL;DR

  • Lovable confirmed to TechCrunch that it crossed $400 million ARR in February 2026.
  • The company had earlier disclosed $100 million ARR in July 2025 and $200 million ARR in November 2025.
  • Its enterprise traction now includes customers such as Klarna, HubSpot, Uber, Zendesk, and Deutsche Telekom.
  • Lovable said in December that more than 100,000 new projects were being built daily, while TechCrunch reported a typical daily average of about 200,000 projects by March 2026.

The latest jump matters because it extends a revenue progression that has been disclosed in stages over the last eight months. Lovable announced in July 2025 that it had passed $100 million ARR in just eight months. By November 2025, TechCrunch reported that the company had doubled that figure to $200 million ARR. In December, TechCrunch also reported that Lovable had raised $330 million in Series B funding at a $6.6 billion valuation, giving the company more room to expand its platform and enterprise sales motion.

This time, however, the headline is not only the topline number. It is also the pace. TechCrunch reported that Lovable added $100 million in ARR in a single month and then crossed $400 million ARR in February. The company did not publicly recommit to a previously discussed $1 billion ARR target for the end of 2026, saying its focus is on helping builders scale their impact with its platform.

Lovable’s business is built around natural-language software creation, often grouped under the vibe coding label. What began as a tool that appealed strongly to individual builders and startups is now becoming a more serious enterprise product. TechCrunch said customers already include Klarna and HubSpot, while Lovable’s own December update pointed to active use across Uber, Zendesk, and Deutsche Telekom.

The company’s first-party figures also show that usage remains high. In its Series B announcement, Lovable said more than 25 million total projects had been created in its first year, with more than 100,000 new projects built every day. It also said Lovable-built websites and apps had generated half a billion visits in the previous six months, including more than 6 million daily visits. By March 2026, TechCrunch reported a typical daily average of roughly 200,000 projects, with more than 500,000 projects built or updated during Lovable’s March 8 SheBuilds initiative.

The enterprise case is becoming easier for Lovable to make because some customers are attaching hard time savings to the platform. In Lovable’s Series B announcement, Zendesk Senior Director of Product Jorge Luthe said a workflow that previously took six weeks could now produce a working prototype in just three hours. Uber AI Director of Product Dharmin Parikh said Lovable helps teams move from idea to decision with less friction.

For now, the most defensible conclusion is straightforward. Lovable’s latest claim is part of a revenue curve that matches its earlier disclosed ARR milestones, while its customer mix and usage figures suggest the company is pushing well beyond hobbyist experimentation and deeper into enterprise software creation.

First published on Thu, Mar 12, 2026

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