Lovable at $84M ARR growing 36% MoM

TL;DR: With every AI app generator from Replit to Bolt.new to Vercel’s v0 converging & competing on the same core feature set, Lovable is differentiating through multiplayer "vibe coding" and a GitHub-style ecosystem of forkable projects. Sacra estimates that Lovable hit $84M ARR in June 2025, up from $7M at the end of 2024. For more, check out our full report and dataset on Lovable.

We last covered Lovable in March 2025, hitting $17M ARR in 3 months after launch with their tool for generating full-stack apps from natural language. We first covered Lovable in January, having reached $7M ARR two months after launch.

Here’s our Lovable update with key points via Sacra AI:

Sacra estimates Lovable hit $84M ARR at the end of June 2025, with its 3-month compounded monthly growth rate (CMGR3) dropping to 36% vs. its 51% CMGR6, with plans to raise $150M at a $2B valuation, pricing Lovable at 24x ARR—compared to Replit raising at a $3B valuation in April at ~$70M ARR for a 43x revenue multiple and Bolt.new raising at a $700M valuation in January at ~$25M ARR for a 28x multiple.
Every AI app generator from Lovable to Replit Agent, Bolt.new, and Vercel’s v0 now has live previewing, visual WYSIWYG edits & “code mode” for manual code changes, one-click deploy & custom domains, and native integrations into GitHub (for version control) & Supabase (for the back-end)—with Replit building from its collaborative IDE, Vercel building on top of its PaaS deployment platform, and Bolt.new and Lovable as AI-native upstarts that have launched in the last 9 months.
Similar to how Figma and Notion built collaborative products for design & docs (local / team-level network effect) that later layered on two-sided marketplaces for plugins & templates (ecosystem-level), Lovable is pushing to win on single player, multiplayer and ecosystem, by stacking real-time “multiplayer vibe coding” for teams on a GitHub-esque graph of forkable & remixable Lovable projects.

For more, check out this other research from our platform:

Lovable at $17M ARR