Building for the 99%: Inside Lovable, the world’s fastest-growing tech company

Lovable: Empowering the 99% to Build the Future of Software at Web Summit Vancouver 2025

Lovable CEO and Co-founder, Mr. Anton Osika, discussed the company’s rapid growth and mission with TechCrunch Editor-in-Chief, Ms. Connie Loizos. Mr. Osika highlighted empowering millions to build new products and businesses, marking a significant transformation in software development for the “99%” who don’t code.

Mr. Osika, a former particle physicist, founded Lovable to enable anyone with an idea to create software. This vision leads to 100,000 new products daily. Success stories include Henrik and Peter generating $700,000 in seven months, and a Brazilian ed-tech company earning $3 million within 48 hours.

Initially focused on individual founders, Lovable’s user base expanded to 8 million, including over half of Fortune 500 companies. These enterprises leverage Lovable to accelerate creativity and validate ideas, embodying a “demo don’t memo” philosophy. Growth is driven by word-of-mouth and a vibrant, collaborative community.

Lovable’s ambitious vision is to become “the last piece of software,” a comprehensive platform managing all aspects of a product organization’s work. Through a single, intuitive interface, it streamlines the entire software development lifecycle, from user understanding to deploying critical loads.

Financially robust, Lovable has raised approximately $228 million and boasts over 100% net dollar retention, indicating increasing user spending. This strong financial health allows the company to prioritize team building and product innovation, rather than being capital-constrained.

Mr. Osika highlighted advantages of Lovable’s European base: long-term thinking and a less hierarchical work environment. The company, with 50 employees, promotes a mission-driven workplace valuing sustainability over “hustle culture,” ensuring a rewarding environment and preventing burnout.

Security is a top priority, with Lovable rapidly expanding its security engineering team. The goal is to make building with Lovable inherently more secure than traditional human-written code, implementing numerous checks. Lovable partners with dozens of providers, including major AI companies, for a reliable and fast user experience.

For aspiring founders, Mr. Osika stressed the importance of curiosity, energy, and a willingness to learn. He expressed excitement about younger founders, viewing company building as a valuable educational experience that teaches business fundamentals and communication skills.