Lovable, an AI-based app development platform, is pursuing mergers and acquisitions.

TechCrunch reported on March 23 that Lovable co-founder and CEO Anton Osika (안톤 오시카) said on social media platform X, formerly known as Twitter, that he was looking for strong teams and startups to join Lovable.

"Many of the people who play key roles at Lovable were founders until just before joining," he said. "We have built an organisational culture so that people with an entrepreneurial mindset can act autonomously and lead work proactively." He added that teams working on interesting projects could continue them at a larger scale within Lovable.

Lovable's focus on mergers and acquisitions is linked to intensifying competition around coding AI.

Rival tools such as Cursor, Replit and Bolt, as well as large AI model companies such as OpenAI and Anthropic, are strengthening coding functions directly, leaving Lovable facing an increasingly fierce competitive environment.

Lovable growth chief Elena Verna (엘레나 베르나) has said she is concerned about competition with major AI developers.

Lovable's annual recurring revenue rose to $400 million from $200 million at the end of 2025. The number of Vibe coding projects newly created on its platform each day exceeded 200,000.

This is not the first time Lovable has pursued mergers and acquisitions. In November last year, it acquired cloud services company Molnett to strengthen its cloud infrastructure team.