Lovable reaches $600m in ARR thanks to vibe coding!

Lovable has increased their revenue from $500M to $600M over the past 3 months. Their apps are viewed almost a billion times each month, and they power 2/3rds of the Fortune 500 companies. “We don’t write code,” says co-founder Fabian Hedin, “we write a product, and more and more, a business.”

This isn’t my Claude Code (it’s a different market, and I’m building a tool to help developers within existing teams, while Lovable makes complete apps without code for non-developers), but it’s real revenue from real users. There’s nothing about code quality, and I wouldn’t expect to be able to run a business without a developer using only this type of platform.