Vibe-coding startup Lovable hits $13.2B valuation

Swedish startup Lovable is raising a massive $300 million round at a $13.2 billion valuation, doubling its worth from just six months ago. That kind of growth is rare even in AI, and it shows just how hot the “vibe coding” space has become. Lovable lets anyone build software by describing what they want and has already hit $500 million in annualized revenue. Big names like Nvidia and Workday are customers, and the tool is also popular with solo founders and designers building e-commerce sites. Vibe coding is arguably the most practical AI use case today because it puts software creation directly in the hands of non-coders. Lovable’s rapid ascent, alongside competitors like Replit and the $60 billion acquisition of Cursor, signals that this isn’t just a fad — it’s reshaping how software gets made. Why it matters: Lovable’s explosive growth proves that AI-powered app building has moved from novelty to a core business tool, with real revenue and enterprise adoption to back it up.