About

Per Wikipedia (secondary), Lovable was founded in 2023 in Stockholm, Sweden by Anton Osika (CEO) and Fabian Hedin (CTO), growing out of Osika’s open-source GPT Engineer project and renamed from GPT Engineer App in December 2024.

Products

Funding timeline (reported by Wikipedia, secondary; not confirmed on a Lovable page)

  • 2025-02: USD 200M Series A at USD 1.8B valuation (Accel-led)
  • 2025-12: USD 330M Series B at USD 6.6B (CapitalG and Menlo-led)
  • 2026-08: USD 400M Series C at USD 13.3B (Menlo and Scaleup Europe-led)
  • 2025-11: USD 200M annual recurring revenue reported (Wikipedia; unverified).
  • 2025-03: Wikipedia reports a disclosed vulnerability in database access controls of Lovable-built sites (unverified here).

Open items

  • Funding and ARR figures rest on Wikipedia only; no company announcement was fetched.

Sources