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Sweden’s Lovable Turns Code Into Vibes, Beating Nerds at Their Own Game

KEY POINTS

  • Lovable, a Stockholm startup co-founded by Anton Osika, reached $400M ARR just months into 2026, rapidly outpacing expectations.
  • Its 15 million daily users create 200,000 new AI-assisted projects per day, mainly non-technical founders eager to vibe code.
  • Lovable partners with Anthropic, uses Claude’s AI model, and plans to triple its workforce while opening a new US office in Boston.

At the Web Summit 2025 in Lisbon, Anton Osika — co-founder of Lovable — posed casually as his startup shot from zero to $400 million ARR faster than you can say 'download failed.' This Stockholm-based 'vibe coding' wizardry for non-coders boasts 15 million daily users whipping up 200,000 projects like it’s TikTok meets tech. Funded by CapitalG and Menlo Ventures’ Anthology fund, Lovable vaulted past $6.6 billion valuation despite Anthropic’s viral Claude Code launch. Ryan Meadows, their chief revenue officer, bragged about doubling active users in months and hiring like it's Black Friday on job boards — aiming to triple staff from 146 to 350, including opening a Boston office for product evangelists who probably chant the word 'agile' in meetings.

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Source: Businessinsider | Published: 3/11/2026 | Author: Ben Bergman

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