AI Startup Cursor Valued at $9.9 Billion After Revenue Surpasses $500 Million

According to a Bloomberg report, Anysphere, the company behind the AI coding assistant Cursor, has secured $900 million in funding at a valuation of $9.9 billion. This investment round was led by returning investor Thrive Capital, with contributions from Andreessen Horowitz, Accel, and DST Global.
This substantial funding round marks Anysphere's third capital raise in under a year. TechCrunch initially reported that the three-year-old startup had previously raised $100 million at a pre-money valuation of $2.5 billion late last year.
AI coding assistants, sometimes called 'vibe coders,' have become one of the most widely adopted applications of artificial intelligence, with Cursor positioned as a leader in this space. A source familiar with the company informed TechCrunch that Anysphere's annualized revenue (ARR) has been roughly doubling every two months. According to Bloomberg sources, the company has now exceeded $500 million in ARR, representing a 60% increase from the $300 million figure reported in mid-April.
Cursor provides developers with tiered pricing options. Following a two-week free trial, users are transitioned to a paid plan, choosing between a $20 monthly professional subscription or a $40 monthly business subscription.
Bloomberg also noted that, until recently, most of the company's revenue originated from individual user subscriptions. Anysphere has now introduced enterprise licenses, enabling businesses to purchase the application for their entire teams at a premium price.
Earlier this year, Anysphere received acquisition interest from OpenAI and other prospective buyers but declined these offers. Subsequently, the creator of ChatGPT acquired Windsurf, another rapidly growing AI assistant, in a deal reportedly valued at $3 billion.
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According to a Bloomberg report, Anysphere, the company behind the AI coding assistant Cursor, has secured $900 million in funding at a valuation of $9.9 billion. This investment round was led by returning investor Thrive Capital, with contributions from Andreessen Horowitz, Accel, and DST Global.
This substantial funding round marks Anysphere's third capital raise in under a year. TechCrunch initially reported that the three-year-old startup had previously raised $100 million at a pre-money valuation of $2.5 billion late last year.
AI coding assistants, sometimes called 'vibe coders,' have become one of the most widely adopted applications of artificial intelligence, with Cursor positioned as a leader in this space. A source familiar with the company informed TechCrunch that Anysphere's annualized revenue (ARR) has been roughly doubling every two months. According to Bloomberg sources, the company has now exceeded $500 million in ARR, representing a 60% increase from the $300 million figure reported in mid-April.
Cursor provides developers with tiered pricing options. Following a two-week free trial, users are transitioned to a paid plan, choosing between a $20 monthly professional subscription or a $40 monthly business subscription.
Bloomberg also noted that, until recently, most of the company's revenue originated from individual user subscriptions. Anysphere has now introduced enterprise licenses, enabling businesses to purchase the application for their entire teams at a premium price.
Earlier this year, Anysphere received acquisition interest from OpenAI and other prospective buyers but declined these offers. Subsequently, the creator of ChatGPT acquired Windsurf, another rapidly growing AI assistant, in a deal reportedly valued at $3 billion.
SpaceX to Buy Cursor for $60B in Stock Days After Blockbuster IPO
SpaceX has finalized a $60 billion stock acquisition of AI coding platform Cursor, shortly after the aerospace firm’s landmark IPO and less than two months after initially announcing a strategic partnership between the two entities.The transaction ai
Cursor acknowledges its new coding model is built on Moonshot AI's Kimi
Cursor, an AI coding company, unveiled a new model this week called Composer 2, which it promoted as offering "frontier-level coding intelligence."However, an X user who goes by the name Fynn soon claimed that Composer 2 was "just Kimi 2.5" with addi
SpaceX preempts $2B fundraise with $60B buyout offer
Just hours before SpaceX announced its deal to acquire Cursor — the maker of AI-powered coding software — for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. That r





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