pitch-deck.md

Lovable, a Swedish startup focused on "vibe-coding," used a pitch deck to outline its ambitious financial goals. This document, shared earlier in the year, detailed the company's strategy to significantly increase its gross margin. Lovable aimed to grow its gross margin from 14% in the first half of 2025 to a target of 65% by the second half of 2026, with an ultimate projection of 75% by the end of that year. The pitch deck also projected substantial revenue growth, expecting to increase from $815,000 in 2025 to $3 million in 2026. The company planned to achieve this through expanding its customer base, increasing the amount each customer spends, and introducing new products. Lovable had already secured $621,000 in pre-seed funding and was looking to raise an additional $2 million in seed funding. A company representative mentioned that their focus was on creating a lasting business and that the pitch deck represented their aspirations at that specific time.