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Lovable Soars to $6B Valuation with Rapid Growth

11/15/2025

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Summary

Story summary

Lovable, the Stockholm-based startup, is raising funds at a valuation of about $6 billion, up from $1.8 billion in July.
Lovable reached $100 million in annualized subscription revenue eight months after its launch.
Active users rose to 8 million from 2.3 million in July.
Rivals like Cursor are valued at about $30 billion and have more than $1 billion in annualized revenue.

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Story summary

Lovable, the Stockholm-based startup, is raising funds at a valuation of about $6 billion, up from $1.8 billion in July.
Lovable reached $100 million in annualized subscription revenue eight months after its launch.
Active users rose to 8 million from 2.3 million in July.
Rivals like Cursor are valued at about $30 billion and have more than $1 billion in annualized revenue.