The Stockholm-based "Atmosphere Coding" platform Lovable confirmed that as of February, its annual recurring revenue (ARR) has surpassed $400 million. This figure represents rapid growth compared to the $300 million ARR announced in January. Although Lovable did not reaffirm its year-end target of $1 billion ARR, the company emphasized its focus on helping users expand their influence. With enterprise clients like Klarna and HubSpot, Lovable's valuation has reached $6.66 billion. Notably, the company achieved this revenue milestone with only 146 full-time employees, resulting in an average ARR of $2.77 million per person, exceeding the industry benchmark forecasted for 2030.