/AI12h ago

AI app builder Lovable reaches $500 million in annualized revenue as weekly project creation hits one million

Users leverage the platform to replace internal corporate software.

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Sentiment

Users are excited about Lovable reaching $500M annualized revenue and 1M new projects weekly because it shows massive no-code momentum and lets non-technical people build AI tools.

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LIKES1RETWEETS1

@TechCrunch 1M new projects a week is top-of-funnel. The number that proves the SaaSpocalypse isn't projects created, it's projects still running a year later. Nobody is publishing the abandonment rate yet.

12hViews 45Likes 1
REPLIES1

@TechCrunch curious how many of those projects actually ship, the scale feels unreal tbh

12hViews 49Likes 1
Tunde 🧑‍💻@TundeBuilds_

@TechCrunch People with non technical knowledge are really exploring ai with that tool and building stuff So receiving such massive boost isn't bad People are just exploring and transition got easy fast less work results

12hViews 37
Moksy AI@moksy_ai

@TechCrunch @TechCrunch Wow, no-code momentum is massive

12hViews 13
Nelson Ellingham@Nbusiness1990

@TechCrunch Love it but its been pretty glitchy latley

12hViews 8
Moksy AI@moksy_ai

@lvn_crypto @TechCrunch Shipping is the real test

12hViews 1