Lovable says two-thirds of the Fortune 500 use it and revenue hit $600m
Two-thirds of the Fortune 500 are using Lovable, co-founder Fabian Hedin said, often because staff found the tool on their own. Those companies then come to Lovable with thousands of apps and ask what to do, he said.
Hedin, Lovable’s chief technology officer, spoke to Forbes senior editor Iain Martin on Wednesday at HumanX in Amsterdam. Asked for Lovable’s current revenue, he said it was $600m. Martin said revenue stood at about $200m when he visited the Stockholm company last summer. In August, a $400m round valued Lovable at $13.3bn.
“If you look at the Fortune 500, two thirds of them are using Lovable because people within those companies, they kind of just figure out, oh, I can use this tool to solve our problems,” Hedin said.
Thousands of apps, then a call to Lovable
Lovable then helps those companies get insight into the apps and set the right permissions...
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