Hardly any company in Europe is growing as fast as this Berlin-based AI startup – what is Peec AI doing?

It was a short night for Harry Stebbings , the British podcaster, flagship investor and founder of 20VC.

Late one evening, he finds a message in his LinkedIn inbox from this Berlin-based AI startup: Peec AI. A good product—and, above all, some great numbers. Four months after its founding, founder Marius Meiners writes, reporting €650,000 in annual recurring revenue (ARR). Monthly growth of 60 percent. Hardly any other company in Europe is growing faster.

Yes, Stebbings finds it exciting and writes back: Let’s talk.

The response was immediate: Great—but if you want to talk, we have to do it now. We have an offer from another investor that expires tomorrow.

So Harry Stebbings and Marius Meiners spoke on the phone that night. The conversation lasted just under an hour. Afterward, Stebbings' partner, Kieran Hill, contacted the Berlin-based company. After his conversation with the founders, he booked a flight to Berlin for the next morning at 1 a.m.

After barely three hours of sleep, Kieran arrives the next morning at Rosenthaler Platz in Berlin. There, hidden in the third backyard, one of Germany's most exciting AI startups is breaking records. The German Lovable.

Peec AI launched on February 1, 2025, with the ambitious goal of reaching one million euros in ARR by the end of the year. After the first few months, it's clear: They'll likely quadruple that.