Lovable AI Raises $15 Million in Funding

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16 hours ago

Summary

Lovable raises $15 million, expands AI-powered software platform, claims 500,000 users building over 25,000 new products daily, no coding required.

Key Points

The platform uses a combination of OpenAI, Google Gemini, and Anthropic to generate software.
Users can build production-ready software without coding knowledge, including prototypes, websites, and fully functional web apps.
Lovable has reached $17 million in annual recurring revenue with only $2 million in capital from its pre-seed funding round.

Why It Matters

The funding will help Lovable expand its platform and make AI-powered software development more accessible to a wider audience, which could have significant implications for the tech industry.

Author

Mike Butcher

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