Observer | Lovable’s Revenue Chief Ryan Meadows on the Swedish Startup’s Explosive Growth by Alexandra Tremayne-Pengelly

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Ryan Meadows, Lovable’s chief revenue officer, is steering the Swedish AI‑coding startup’s rapid expansion as “vibe coding” – a natural‑language tool that lets non‑technical users build apps, websites and agents – gains global traction. After raising $330 million at a $6.6 billion valuation, Lovable opened its first U.S. office in Boston, now serving a mix of individual and enterprise clients such as Uber, Microsoft and ElevenLabs, and reporting $400 million in annual recurring revenue—a 30 percent month‑over‑month jump—with over 40 million projects created and 600 million monthly site visits. Meadows, who joined after senior roles at Klaviyo and HubSpot, oversees a 35‑person go‑to‑market team and emphasizes both revenue growth and user outcomes, citing examples like eXP Realty’s $2 million software replacement. While the company is not seeking new funding, it plans to double its workforce to 400 by the end of 2026, expanding across Sweden, Boston, San Francisco, New York and London, and has introduced a 10 percent automatic pay‑raise policy to retain talent.

Read more: https://observer.com/2026/05/ryan-meadows-lovable-vibe-coding-boom/

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