tech
5 Surprising Things We Just Learned About the People Who Use Lovable
A year and a half year after launching, Lovable has hit $500 million in annual recurring revenue.
TL;DR
- Lovable, an AI vibe coding startup, has surpassed $500 million in annual recurring revenue.
- A report on the 'build economy' surveyed over 14,300 users and analyzed millions of projects.
- Over 60% of users are not yet making money from their Lovable-built projects, though some have reached five- and six-figure revenue milestones.
- The vast majority of users are solo builders (around 80%) and predominantly men (82.1%).
- The US is Lovable's largest market, but significant growth is occurring in South America and Africa.
- Most users (four out of five) come from non-technical backgrounds and often have extensive experience in their respective fields.