capital · May 19, 2026
Lovable Pledges 10 Percent Annual Raises Without Vesting as ARR Nears $400M
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Lovable pledges guaranteed 10 percent annual raises without vesting as revenue soars. The Stockholm AI app platform valued at $6.6 billion announced the policy on employee work anniversaries with immediate payment and no vesting schedules. Lovable had 146 employees in March 2026 and now lists 78 open positions, projecting headcount above 225 by year-end. ARR surpassed $400 million in March with some months adding $100 million and forecasts reaching around $1 billion by year-end. Lovable is pursuing acquisitions to grow its vibe-coding ecosystem and strengthen cloud and AI capabilities.
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