Robert Peston

That's a lot.

Who's purchasing?

So we're seeing lovable since we launched just 12 months ago, being powered by this consumer and prosumer movement of individuals that use the product and then they love it.

So they put in their credit card and that's just the movement that's been then translated to us being pulled into the enterprise where Fortune 500 companies like Klarna,

HCA Healthcare, they're transforming how they work on top of a completely new way to build software products and even software companies on top of the products that are being built.

$200 million in terms of what you're seeing in annual revenue run rate.

You're seeing, as you say, a breadth of enterprise adoption and individual entrepreneurialism.

But when it comes to vibe coding and the use cases,

Where are you having to build out?

You're building offices in America, it would seem.

Yeah, that's correct.

What we're seeing is that Lavable is providing a lot of value in large companies moving faster, and many of those companies are in the U.S.

So we have great leadership that has built companies at the largest stage before.

Ryan Meadows, a skilled Clevio, he's now joining, building out from where he's based in Boston.

We have Marianne Kåge, who joined from Notion.

She's moving with her family to Stockholm.

I think that says a lot.

Why we keep the core headquarters here in Stockholm as we expand globally on the mission, which is simply to reimagine how software is built and who gets to build it.

We're witnessing a once-in-a-generation democratization of software creation.

The pace is extraordinary.