Will's Blog: Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source (Bloomberg)

12 March 2026

Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source (Bloomberg)

Bloomberg:
Stockholm-based AI coding startup Lovable reaches $400M in ARR, up from $300M in January; rival Cursor hit $2B in annualized revenue in February, per a source — Swedish startup Lovable has hit $400 million in annual recurring revenue, as companies and users flock to artificial intelligence tools …

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