Perplexity AI With $200M in New Funds, Loveable Now Worth $1.8B..
Jul 23, 2025
A company just secured a $200 million funding round, skyrocketing its valuation to $1.8 billion. The conversation highlights the rapid ascent of a European AI unicorn, achieving its status within just eight months. Discussion centers around their groundbreaking approach to app development, which aims to empower non-coders to create applications with ease. Exciting insights about the future ambitions of the company and the potential impact on the tech landscape are also explored.
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Use AI Communities to Grow
- Join communities like AI Hustle School to learn how to grow businesses using AI tools.
- Engage in active collaboration and access exclusive content for continuous AI growth.
Rapid Growth to Unicorn Status
- Lovable reached $1.8B valuation after raising $200M in Series A just 8 months post-launch.
- It has 2.3M users with 180,000 paying subscribers generating $75M annual recurring revenue.
Lean Team, Big Impact
- Lovable's success is driven by a lean team of 45 employees.
- Most traction comes from non-technical users creating prototypes for developers.