The news
Lovable annualized revenue has passed $600 million, co-founder Fabian Hedin said on September 24, and on September 28 the AI app-building startup said companies can now run the apps it creates inside their own Microsoft tenants, under corporate sign-in and IT policies.
Hedin disclosed the figure on stage at the HumanX summit in Amsterdam, TechCrunch reported, up from $500 million in June. Lovable was valued at $13.3 billion after a $400 million funding round in August, according to TechCrunch, roughly double the $6.6 billion valuation it reached after a $300 million round in December 2025.
TechCrunch said Lovable counts Microsoft, Nvidia and Deutsche Telekom among its enterprise customers and has users at two-thirds of Fortune 500 companies, and that apps built on the platform draw nearly 1 billion monthly views. Lovable says more than 70 million projects have been created with its tools.
The Microsoft integration, described in a September 28 Lovable blog post, lets apps deploy into a company's Microsoft tenant through Copilot Managed Runtime, which is in public preview. Apps can use Microsoft Entra ID sign-in with IT access controls, connect to Microsoft 365 services including Outlook, Teams, Excel, SharePoint and OneDrive, and use data from Microsoft Fabric, Dataverse and SQL. Microsoft 365 connectors and sign-in are available on all plans, while Entra ID workspace sign-in requires the Business or Enterprise tier.
Lan Roche, Lovable's head of global partnerships, said apps now arrive in a tenant with the same sign-in, policies and app inventory as other software. Separately, Lovable made its chat feature free on September 24, with a daily allowance on Free, Pro and Business workspaces and current chat pricing applying through October 31, and it was named a founding member of the Blueprint Alliance for AI agent security on September 22.
The numbers
- Annualized revenue (September 2026)
- More than $600 million
- Annualized revenue (June 2026)
- $500 million
- Valuation after August 2026 round (TechCrunch)
- $13.3 billion
- Projects created with Lovable (company)
- More than 70 million
Why CEOs should care
For CIOs, the Microsoft integration changes the governance question around AI-built internal apps. Tools like Lovable let business teams create software without the IT department, which raises shadow IT concerns. Running those apps inside the corporate Microsoft tenant, behind Entra ID and existing policies, gives IT a control point. Ask who approves deployment into the tenant, how apps are inventoried and retired, and which Microsoft 365 and Fabric data permissions they inherit.
CFOs should watch what these apps replace. If teams can build a working internal tool quickly, some departmental SaaS subscriptions may become candidates for consolidation at renewal. The trade-off is that maintenance and security ownership shift from a vendor to your own organization. Track which built apps become business-critical and budget for their upkeep rather than treating them as free.
CISOs should treat AI-built apps as production software. Require security review before apps touch sensitive Microsoft 365 or Fabric data, and confirm that Copilot Managed Runtime, still in preview, meets your logging and incident-response requirements.
The bigger picture
Lovable's growth from $500 million to more than $600 million in annualized revenue in about three months, by its co-founder's account, shows how quickly AI app builders are moving from individual users to enterprises. The Microsoft tie-up follows a Salesforce partnership announced on Lovable's blog on September 15, suggesting that incumbent platforms would rather host this new category of software inside their ecosystems than compete with it head-on. For traditional SaaS vendors selling narrow departmental tools, that is a new source of pricing pressure.
The free chat move follows a familiar software playbook: widen the top of the funnel, then convert heavier users to paid plans. Lovable's announcement noted that generating images or video, or handing work to its Plan and Build features, still consumes credits as usual. For buyers, that means costs will track how much teams actually build, which argues for usage monitoring from the first pilot.
What’s next
Watch for Copilot Managed Runtime to leave preview, for Lovable's chat pricing after October 31, and for any disclosure of how much revenue comes from enterprise customers. Also watch whether revenue growth holds as free chat draws in users who may not convert to paid plans.
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