AI-driven app-building startup Lovable is actively exploring acquisitions as it looks to scale its platform and strengthen its position in the competitive AI development market. Co-founder and CEO Anton Osika indicated the company is seeking teams and startups that can integrate into its ecosystem, with outreach directed through M&A lead Théo Daniellot.
Lovable, recently valued at $6.6 billion, is experiencing strong growth, reporting $400 million in annual recurring revenue and significant daily project creation across its platform. The company is positioning itself against competitors in the AI coding space, including emerging tools and large model providers.
The acquisition strategy builds on previous deals, including the purchase of cloud provider Molnett, as Lovable expands its infrastructure and talent base to support continued growth.