People often say big tech successes are bound to come out of Silicon Valley. Lovable proves otherwise. From Stockholm, this startup reached $100 million in annual recurring revenue in about eight months, a pace rarely seen in the history of software.
A promise everyone understands
Lovable promises to turn an idea into an app by chatting with an AI. Nothing to install, no programming language required. That simple promise has attracted millions of entrepreneurs, designers and project managers who finally wanted to build things themselves.
Record growth
- Around $100 million in annual recurring revenue 8 months after launch.
- $200 million announced in November 2025 at the Slush conference, according to TechCrunch.
- A team that stayed small relative to those figures.
Anton Osika says he deliberately chose to build his company in Europe.
Proof that a globally successful AI product can be born in Stockholm, and therefore in Geneva, Lausanne or Zurich too.
These stories are real, but they are exceptions.
For every success in the headlines, thousands of projects never take off. What you can copy is not the result, it is the method.
What you can learn from it
- The tools to build an app are now within everyone’s reach.
- The difference comes from the idea, speed and knowing the customer, less from the code.
- Knowing how to use these tools has become an in-demand skill, to launch your own project or to offer it to clients.
What if you built your own tool with AI?
One-to-one vibe coding course by video: we start from your idea and put it online together, step by step.
Got an app idea?
Klickstudio builds it with the same AI tools in a few days, with code that belongs to you.
Sources: TechCrunch (November 19, 2025), Wikipedia (Lovable), public statements by Anton Osika.