Lovable becomes a unicorn with a series of USD 200 million and just 8 months after launching

Rapidly developing Swedish AI coding coding startup Sympathetic He became the latest unicorn in Europe. Only eight months after the premiere, the startup collected a round of $ 200 million and Accela with a valuation of $ 1.8 billion.

Like Cursor and other platforms that help programmers write code and build applications, using the skills of coding and reasoning of large language models, Lovable based, helps people use natural language to create web sites and applications. The previous trajectory of the startup has delivered straight towards heaven, and the company claims that it now has over 2.3 million lively users.

These users use charming for free to be brilliant, but in Last conversationThe General Director of the Startup, Anton Osika, said that he now has over 180,000 paying subscribers, and the company has achieved annual repetitive revenues from (*8*)$ 75 million in seven months. This adhesion probably contributed to this extensive A series.

The participation of existing investors, including 20 VC, Founders, Creandum, Humfbird and Visionary Club, participated in Series A. In February, Creandum led a round in front of a $ 15 million series in the company, which at that point stated that it achieved annual repetitive revenues of $ 17 million and had $ 30,000 paying customers, with. “Spent only $ 2 million.“

The startup managed this hockey growth with a fairly rare team only 45 full -time employees. This is almost as the loud Investors of the Angels, which, as he said, participated in this round, including the General CEO of Klara, Sebastian Siematkowski, distant general director of Van der Voort, co -founder of Slack Stewart Butterfield and co -founder of Hubspot Dharmesh Shah.

It seems that the majority of Lovable adhesion comes from non -technical users who use it to create prototypes in which they’ll cooperate with programmers to build more developed applications and web sites. This and tests are probably most 10 million projects created so far on the platform, said the company in a press release.

But Lovable also predicts that it becomes a tool that may be used to create a production class application that undergoes full -fledged firms.

“Every day, brilliant founders and operators with changing ideas hit the same wall: they do not have a programmer who quickly and easily realize their vision,” said Osika in a statement.

In particular, the Osika recently he said At X, he is now an angel investor in a software startup, which was allegedly built with nice. (Moving to some suggestions on the entry, this startup appears to be an ad test platform Stardust – We contacted the STARTDUS founder to verify, but we didn’t hear.

Osyka also famous The incontrovertible fact that the application made by the large Brazilian company Edtech using Lovable earned $ 3 million in 48 hours. This may be one other growth path for Lovable, which has already managed to get corporate clients, including clarna and Hubspot.