Swedish AI startup Lovable announced it has topped $100 million in annual recurring revenue just eight months after launch, setting a new speed record for software companies. The generative AI platform lets non‑technical users create apps and websites from simple text prompts, and now powers over 2.3 million active users and more than 10 million projects. A $200 million Series A round led by Accel valued the company at $1.8 billion, while new "fully agentic" capabilities enable the system to autonomously search, debug, and edit code. An enterprise‑grade Business Plan adds security, SSO, and private projects for customers like Klarna and Hubspot. Read more →