Lovable projects $1B in ARR within next 12 months

Vibe coding startup Sweet strives for $ 1 billion in annual return income within the next 12 months, according to the CEO, Anton Osika.

Talk about Bloomberg TV on Thursday, Osika said that the company is growing by at least $ 8 million in Arrs every month. In Written a blog post this summerThe company said it was only eight months after earning $ 1 million $ 100 million. Osika told Bloomberg on Thursday that the company will be reached to $ 250 million in Arr by the end of this year and hopes to reach $ 1 billion within the next 12 months.

Founded in 2023, the company has become one of Europe’s AI treasures. This summer it achieved a rating of $ 1.8 billion and raised a Serie A. 200 million.

This article has been updated to display the spelling of the name of the company.

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