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Vibe-coding startup Anything reaches a $100 million valuation following $2 million in annual recurring revenue within its initial two weeks

Vibe-coding startup Anything reaches a $100 million valuation following $2 million in annual recurring revenue within its initial two weeks

Bitget-RWA2025/09/29 20:51
By:Bitget-RWA

The surge in popularity of vibe coding—where AI-driven tools are used to create apps and websites through conversational prompts—is well known.

In July, Swedish startup Lovable, which specializes in vibe coding, achieved $100 million in annual recurring revenue (ARR) just eight months after launching. The company expects to reach $250 million ARR by year-end and anticipates hitting $1 billion ARR within the next year. Around the same time, Replit revealed that its ARR skyrocketed from $2.8 million to $150 million in under twelve months.

The impressive expansion of these companies has sparked a rush of new entrants, many of whom are also experiencing rapid growth. “This is one of those sectors where every player is scaling rapidly,” said Nikhil Basu Trivedi, co-founder and general partner at venture capital firm Footwork.

Yet, Basu Trivedi points out that despite their swift ascent, Lovable, Replit, and similar startups face a major limitation: while they are excellent for prototyping, they fall short when it comes to helping users launch fully operational software.

According to Basu Trivedi, the main issue with most vibe coding platforms is that they lack the comprehensive infrastructure non-technical users require to bring a complete product to market.

Anything, an AI-powered app that debuted a month ago, aims to address this gap by providing everything from databases to storage and payment solutions—essentially all the tools needed to operate a business online or publish vibe-coded apps to the App Store. The platform saw explosive early adoption, reaching a $2 million annualized run rate within just two weeks.

Despite the crowded field, Anything’s remarkable pace of growth convinced Basu Trivedi that it was worth investing in.

On Monday, Anything revealed it had secured $11 million in funding at a $100 million valuation, with Footwork leading the round and participation from Uncork, Bessemer, and M13.

Founded by former Google teammates Dhruv Amin and Marcus Lowe, Anything is specifically built to empower people without technical backgrounds to create fully functional web and mobile apps.

“So far, we haven’t seen genuine businesses built using these tools,” Amin commented about other vibe coding platforms. “Our goal is to become the Shopify of this space, enabling people to develop profitable apps on our platform.”

Amin reports that users have already used Anything to launch fully operational apps on the App Store, such as a habit tracker, a CPR instruction course, and a virtual hair-style try-on tool. Some of these apps have even started generating revenue.

Amin attributes users’ ability to complete their apps largely to the fact that they don’t need to integrate additional tools into the prototypes created by the vibe coding platform.

The concept for a comprehensive, AI-supported app builder came to Amin and Lowe less than a year ago. The pair have worked together since 2021. Their initial project was a self-funded development marketplace that combined AI coding tools with human developers, predating the rise of large language models. That business reached about $2 million in annualized run rate, but it became clear that generative AI could soon deliver apps more quickly and affordably than their marketplace approach.

As a result, they closed that venture in 2023 and began focusing on building an AI-driven app creation tool, raising pre-seed and seed investments from Uncork and Bessemer Venture Partners along the way.

Amin and Lowe observed that most competing platforms, including Lovable and StackBlitz’s Bolt, depend on the third-party database Supabase. They saw an opportunity to set Anything AI apart by developing all of its infrastructure internally.

Although this approach required more time, it could prove advantageous, as Anything is not alone in this competitive landscape. Other startups, such as Mocha and Rork—the latter aiming for $10 million in ARR by year’s end—are also building significant portions of their own infrastructure.

Still, the fierce rivalry doesn’t concern Basu Trivedi. “It appears there’s plenty of demand for various types of app-building solutions,” he remarked.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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