Europe’s rising star is playing a different game.
From $1M to $1B ARR in 12 months?
That’s the audacious target set by Lovable, the fast-scaling coding startup founded in 2023.
CEO Anton Osika revealed the company is adding $8M in annual recurring revenue every month—and just eight months after hitting its first $1M ARR, it had already crossed the $100M mark.
With $250M ARR projected by year-end, Lovable is aiming for the elusive $1B milestone within the next 12 months.
Backed by a $200M Series A and valued at $1.8B, Lovable has become one of Europe’s most-watched startups—not just for its product, but for proving that hyper-growth isn’t reserved for Silicon Valley.
If Lovable hits its target, it won’t just break records—it will reset expectations for how fast a tech company can scale from idea to industry leader.
Watch this space. The next big growth story might already be here.
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