Lovable, an AI-powered app development platform, is now seeking to acquire smaller companies. This was announced by co-founder and CEO Anton Osika on X.
Lovable targets smaller startups for expansion
Recently valued at $6.6 billion, Lovable aims to expand its operations by integrating more talented teams. Osika mentioned that the company fosters a culture of autonomy, making it attractive for entrepreneurs to join. Interested parties are encouraged to contact the company’s head of M&A, Théo Daniellot.
The push for acquisitions comes as Lovable faces increased competition from other tools like Cursor, Replit, and Bolt. The company reports significant growth, with an annual recurring revenue (ARR) of $400 million, up from $200 million at the end of 2025. Lovable has also seen over 200,000 new projects created daily on its platform. Previously, it has made acquisitions such as the cloud provider Molnett to strengthen its cloud team.
What This Means for the U.S. Tech Market
Lovable’s acquisition strategy highlights the growing consolidation in the AI-driven app development space, signaling opportunities for U.S. startups and developers to collaborate with a rapidly expanding player. This trend could drive innovation and create new tech jobs domestically as companies seek to scale quickly through strategic partnerships.
Source: TechCrunch
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