Lovable in 2026: Revenue, Valuation, Funding, CEO
Lovable is a private, independent AI app builder from Stockholm, valued at $13.3 billion after a $400 million Series C in August 2026. Its annualized revenue passed $600 million in September 2026, 35 times the $17 million it reported in February 2025.
Company overview
Company
Lovable Labs Incorporated and Lovable Labs Sweden AB (formerly GPT Engineer)
Industry
Software development: AI app builder
Founded
2023
Headquarters
Stockholm, Sweden
Revenue
$600M+ annualized run rate (reported, Sep 2026)
Funding stage
Series C: $400M at a $13.3B valuation (Aug 2026)
Lovable at a glance
Question | Answer | As of |
|---|---|---|
Who owns Lovable? | Its founders and venture investors; the two founders hold about 24% each (Forbes estimate) | Dec 2025 |
Annualized revenue | $600M+ | Sep 24, 2026 |
Valuation | $13.3B (Series C) | Aug 12, 2026 |
Total raised | About $952.5M across 5 rounds | Aug 2026 |
CEO | Anton Osika, co-founder | Oct 2026 |
Founded | 2023 in Stockholm, as GPT Engineer | Sep 2023 |
Headquarters | Regeringsgatan 25, Stockholm, Sweden | Sep 2026 |
Employees | About 200, with a target of about 450 | May 2026 |
Usage | About 8M users; 70M+ projects built | Mar and Sep 2026 |
Website | lovable.dev; lovable.com (bought Aug 2026) and lovable.so redirect to it | Oct 2026 |
Email format | {first}@lovable.dev (about 84% of addresses) | 2026 |
The company behind the product is Lovable Labs Incorporated, a Delaware company, with its Swedish arm Lovable Labs Sweden AB. Until a December 2024 rename, the product was called GPT Engineer.
Who owns Lovable?
Lovable is privately held and independent: no acquirer, and no IPO plans announced as of October 2026. Its two founders are the largest individual owners, with about 24% each after the December 2025 round, according to Forbes; the rest belongs to venture investors and employees.
Investor | Role in Lovable’s funding |
|---|---|
Menlo Ventures | Led the Series C (Aug 2026); co-led the Series B through its Anthology fund |
Scaleup Europe Fund, managed by EQT | Co-led the Series C |
CapitalG, Alphabet’s growth fund | Co-led the Series B (Dec 2025) |
Accel | Led the Series A (Jul 2025) |
Creandum | Led the pre-Series A (Feb 2025) |
Hummingbird and byFounders | Led the pre-seed (Oct 2024) |
Strategic investors include NVentures (Nvidia), Salesforce Ventures, Databricks Ventures, Atlassian Ventures, HubSpot Ventures, T.Capital (Deutsche Telekom) and Tencent. Lovable’s August 2026 SEC filing lists four directors: Anton Osika, Fabian Hedin, Matt Murphy and Benjamin Fletcher (SEC Form D).
Investors have chased it between rounds: in August 2025, after the FT reported unsolicited offers to invest at a valuation above $4 billion, Lovable said it wasn’t fundraising (TechCrunch). Both founders have pledged half of their personal fortunes to charity if the company is sold or goes public.
What is Lovable’s revenue?
Growth sped up rather than slowed: the first $100M of annualized revenue took about eight months, while the step from $300M to $400M took a single month. The latest figure, $600M+ in September 2026, is still short of the $1B target Osika set for 2026; in March 2026 the company wouldn’t say whether that target still stood (TechCrunch).
How much did Lovable raise? Funding and valuation
Lovable has raised about $952.5 million in five rounds. Its valuation rose 7.4x in 13 months, from $1.8 billion in July 2025 to $13.3 billion in August 2026.
Round | Date | Amount | Valuation | Lead investors |
|---|---|---|---|---|
Aug 12, 2026 | $400M | $13.3B | Menlo Ventures; co-lead Scaleup Europe Fund (EQT) | |
Dec 18, 2025 | $330M | $6.6B | CapitalG, Menlo Ventures | |
Jul 17, 2025 | $200M | $1.8B | Accel | |
Feb 25, 2025 | $15M | Not disclosed | Creandum | |
Oct 7, 2024 | $7.5M | Not disclosed | Hummingbird, byFounders |
Why totals differ online: some outlets use $300M for the Series B, giving totals between $653M and “over $700M”; Lovable’s own post says $330M. Lovable’s SEC filing showed $382.5M of the Series C sold by August 17, 2026, with the rest still open.
Who is the CEO of Lovable?
Anton Osika, 36, is Lovable’s co-founder and CEO. He started the company in Stockholm in 2023 with Fabian Hedin, now CTO, after his open-source project GPT Engineer went viral. Forbes estimated each founder’s stake at about 24% in December 2025 (Forbes).
Person | Role | Since |
|---|---|---|
Anton Osika | Co-founder, CEO | 2023 |
Fabian Hedin | Co-founder, CTO | 2023 |
Ryan Meadows | Chief Revenue Officer; formerly led go-to-market at Klaviyo | By Mar 2026 |
Cecilia Stallsmith | Chief Marketing Officer | By May 2026 |
Patrik Torstensson | Head of Engineering; formerly a director of engineering at Meta | Apr 2026 |
Elena Verna | Head of Growth; formerly at Dropbox and Miro | May 2025 |
Maryanne Caughey | Leads the People team; formerly Chief People Officer at Notion and Gusto | 2025 |
No CFO or COO is publicly named. Full bio and career timeline: Who is the CEO of Lovable in 2026?
Where is Lovable headquartered, and how many employees does it have?
Lovable is headquartered at Regeringsgatan 25 in Stockholm, Sweden. It had about 200 employees in May 2026 (TechCrunch) and plans to reach about 450 during 2026 while keeping its “center of gravity” in Stockholm (Lovable).
The team stayed unusually small for its revenue: 146 full-time employees ran a $400M annualized business in February 2026, about $2.7M per employee (TechCrunch).
Office | What it is | Since |
|---|---|---|
Stockholm, Regeringsgatan 25 | Headquarters; new space with room for 300 people | 2023 (new space Mar 2026) |
Boston, One Lincoln | First US office and US go-to-market hub | Apr 2026 |
San Francisco | US office | Announced Nov 2025 |
London | UK company Lovable Labs UK Ltd | May 2025 |
Lovable signs customer contracts through Lovable Labs Incorporated, a Delaware company, and runs Swedish operations through Lovable Labs Sweden AB (org. no. 559506-1739).
What is Lovable’s email format?
Lovable employees mostly use {first}@lovable.dev (about 84% of known addresses); the rest use {first}.{last}@lovable.dev (about 16%), according to B2B email data. Lovable also publishes a separate inbox for each kind of request.
Need | Official address |
|---|---|
Customer support and legal notices | support@lovable.dev |
Press and media | press@lovable.dev |
Privacy requests | privacy@lovable.dev (data protection officer: dpo@lovable.dev) |
Security vulnerabilities | vulnerability-disclosure@lovable.dev |
Checking if an email really came from Lovable | security@lovable.dev or hi@lovable.dev |
Lovable bought lovable.com in August 2026, but the domain only redirects to lovable.dev and has no mail servers, so addresses on lovable.com don’t work.
All patterns, domains and Lovable’s list of 60+ verified sender domains: Lovable email format.
Key events: from GPT Engineer to Lovable
Lovable has shipped a major product, deal or acquisition almost every month since launch, and has also had two data-exposure incidents.
Date | Event |
|---|---|
Sep 28, 2026 | Microsoft partnership: Entra sign-in, Microsoft 365, Fabric and a Marketplace listing |
Sep 18, 2026 | Acquires Sutro, maker of the SLang language; founder Tomas Halgas joins |
Sep 15, 2026 | Salesforce and Slack partnership |
Aug 2026 | Buys lovable.com from the owner of Italian lingerie brand Lovable; the domain now redirects to lovable.dev (Domain Name Wire) |
Jul 2026 | Acqui-hires the founders of Stockholm AI-agent startup Nalvin |
Jun 3, 2026 | Multi-year Google Cloud deal; Lovable sold through Gemini Enterprise |
Apr 20–22, 2026 | A backend bug exposed chats and code of public projects from Feb 3 to Apr 20; Lovable apologized and made public projects private (Lovable) |
Feb 2026 | Built-in payments launch |
Nov 25, 2025 | Acquires Molnett, a European cloud provider |
Nov 20, 2025 | Swedish press reports its US entity hadn’t registered for EU VAT; Lovable says it will register and pay what it owes |
Sep 29, 2025 | Launches Lovable Cloud (built-in backend) and Lovable AI, powered by Google Gemini |
Jul 23, 2025 | Lovable Agent becomes the default way to build |
May 2025 | Researchers find misconfigured databases exposing data in 170 of 1,645 showcased apps (CVE-2025-48757); Lovable disputes the CVE, saying app data security is each customer’s job |
Apr 24, 2025 | Lovable 2.0: multiplayer workspaces, chat mode and security scan |
Dec 3, 2024 | Announces the rename from GPT Engineer to Lovable |
Nov 2024 | Launches the product as Lovable |
Jun 10, 2023 | Anton Osika releases the open-source GPT Engineer |
More on Lovable and similar companies
Lovable email format: patterns, domains and official inboxes
Who is the CEO of Lovable in 2026?: Anton Osika’s bio and contact routes
Cursor (Anysphere) in 2026: the other breakout AI coding company, now owned by SpaceX
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Frequently asked questions
Who owns Lovable?
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Who founded Lovable?
Is Lovable Swedish or American?
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Is Lovable the same as GPT Engineer?
What is Lovable’s email format?
More company dossiers
All dossiers
Lovable
Lovable Email Format
Lovable employees most often use the format {first}@lovable.dev, which matches about 84% of known addresses; the other ~16% use {first}.{last}@lovable.dev. Staff email runs on lovable.dev, the same domain as Lovable’s website: lovable.com, which Lovable bought in August 2026, only redirects there and has no email.
Lovable
Lovable CEO Anton Osika: Email Address, LinkedIn and Bio (2026)
Anton Osika is the CEO and co-founder of Lovable. He published his email, anton.osika@gmail.com, in December 2023 in the README of gptengineer.app, Lovable’s former name; Lovable’s general inbox is hi@lovable.dev, and staff mailboxes mostly follow {first}@lovable.dev. The 36-year-old Swedish engineer started the company in Stockholm in 2023 with Fabian Hedin, and Forbes estimates his net worth at about $3.1 billion (Oct 2026).
Cursor
Cursor (Anysphere): Owner, Revenue, Valuation, CEO
Cursor is owned by SpaceX, which closed its $60 billion all-stock purchase of Anysphere, Cursor’s maker, on August 14, 2026. Before the deal, Cursor was reported above $4 billion in annualized revenue (early June 2026), roughly 40x its level 17 months earlier.
Cursor
Anysphere vs Cursor: Same Company?
Yes. Anysphere, Inc. is the company and Cursor is the product it makes; Cursor’s privacy policy names Anysphere, Inc. as the business behind it. Since August 14, 2026, Anysphere has been a wholly owned subsidiary of SpaceX.
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