Vibe Coding Market Explodes: Lovable Hits $300M ARR at $6.6B Valuation, Replit Targets $1B Revenue at $9B

SaaStr·medium signal

The vibe coding market has produced two breakout companies at unprecedented scale: Lovable crossed $300M ARR with 100,000+ new projects created daily, reportedly raising at $8B+ (up from $6.6B after $330M Series B from CapitalG and Menlo). Replit hit $240M revenue in 2025 and is targeting $1B in 2026 at a $9B valuation with 150,000+ paying customers. Vibe coding startup valuations surged 350% in one year — these platforms are becoming the primary channel through which enterprises and individuals replace lightweight SaaS subscriptions.