Swedish “vibe-coding” startup Lovable has reached $200 million in annual recurring revenue (ARR), doubling its total from just four months earlier, co-founder and CEO Anton Osika told attendees at the Slush 2025 technology conference in Helsinki. Lovable determines ARR by taking the prior month’s revenue, multiplying it by 12, and annualizing the result, according to Osika. The Swedish company, founded in 2023, has experienced rapid growth since launching its AI-powered app-building product in late 2024. ...