Lovable CTO: The Future of SaaS Is Apps That Agents Can Use
Lovable pivots from app building to exposing app functions as agent-callable capabilities via hosted MCP servers, raising a $400M Series C at a $13.3B valuation.
Lovable CTO Fabian Hedin outlined a strategy of turning published applications into agent-accessible capabilities by exposing selected functions as tools through a hosted MCP server, usable from ChatGPT, Claude, and other MCP-compatible clients. The company reports surpassing a $500M annualized revenue run rate, more than 60 million projects created, over 900 million monthly visits to Lovable-built apps, and usage by employees at nearly two-thirds of the Fortune 500. Menlo Ventures led a $400M Series C this month alongside EQT's Scaleup Europe Fund, valuing the company at $13.3 billion. Lovable evolved from the open-source GPT Engineer tool, became a commercial product in November 2024, and now competes with platforms like Vercel in AI-generated software hosting.
- Lovable exposes app functions as agent-callable capabilities through hosted MCP servers
- Agent interface works from ChatGPT, Claude, and other MCP-compatible clients
- Surpassed $500M annualized revenue with 60M+ projects and 900M monthly visits
- Menlo Ventures led a $400M Series C valuing Lovable at $13.3B
- Vision is a single organizational agent connecting all company tools asynchronously
From the original article
6 min read at latent.space
Lovable is branching out from AI-powered web app creation and into MCP-powered ‘capabilities’. We talk to CTO Fabian Hedin.
By Richard MacManus · latent.space
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