TechCrunch Industry News Lovable says it’s nearing 8 million users as the year-old AI coding startup eyes more corporate employees
Nov 11, 2025
The discussion highlights Lovable’s impressive growth, nearing 8 million users with strong retention. Interesting funding insights reveal a recent $200M round and a current ARR milestone of $100M. The team’s expansion aims for over 100 employees while combating security challenges. Success stories include Fortune 500 adaptations and a duo earning $700K from Lovable-built startups. The conversation also touches on the competitive landscape, emphasizing Lovable's focus on user experience within a broad market.
AI Snips
Chapters
Transcript
Episode notes
Rapid Growth Amid Usage Volatility
- Lovable grew from 2.3M to nearly 8M users and reports 100k new products built daily, signaling rapid platform adoption.
- The startup also hit $100M ARR and raised large rounds, showing strong market traction despite recent traffic dips.
Traffic Dip Versus Strong Retention
- Barclays and Google Trends flagged a ~40% traffic decline, raising questions about whether vibe coding interest has peaked or paused.
- Lovable counters that retention exceeds 100% net dollar retention, implying users spend more over time.
From Viral Open Source To Diverse Users
- Osika recounts Lovable's origin from GPT Engineer, which went viral among developers and revealed a broader market opportunity.
- He described diverse user stories, from an 11-year-old building a Facebook clone to a duo making $700k annually on Lovable-built startups.