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Lovable Hits $500M Annualized Revenue with 1 Million New Projects Weekly★ 82
TechCrunch AI5 days agoBusinessAI software development platform Lovable has surpassed $500 million in annualized run-rate revenue (ARR). The company reports that users are now launching over 1 million new projects per week on the platform. This rapid growth highlights a major shift, with users increasingly leveraging AI to build full-scale businesses and replace legacy internal software.
Cyera eyes $12B valuation at 80x ARR multiple despite operating losses
TechCrunch AI11 days agoBusinessTechCrunch reports that cybersecurity company Cyera is nearing a $300 million funding round led by Evolution Equity Partners. The deal could value the company at around $12 billion, or roughly 80 times ARR. The report highlights that this high valuation is being pursued despite operating losses, underscoring investor appetite for fast-growing cybersecurity businesses.