Anysphere Raises $900 Million for AI Coding Assistant Cursor
Anysphere, the company behind the popular AI coding assistant Cursor, has recently secured a significant funding round of $900 million, bringing its valuation to $9.9 billion, according to Bloomberg. Thrive Capital led the round, with participation from Andreessen Horowitz, Accel, and DST Global.
This latest funding round marks Anysphere’s third successful fundraising effort in less than a year. The startup, founded just three years ago, previously raised $100 million at a pre-money valuation of $2.5 billion towards the end of last year.
AI coding assistants, known as “vibe coders,” have gained popularity in the AI space, with Cursor leading the pack. Anysphere’s annualized revenue has been growing rapidly, with sources indicating that it has surpassed $500 million, a significant increase from previous reports.
Cursor offers developers tiered pricing options, with a two-week free trial followed by paid subscriptions starting at $20 for individual users and $40 for businesses. The company has recently introduced enterprise licenses to cater to larger organizations.
Despite receiving acquisition offers from companies like OpenAI, Anysphere has chosen to remain independent. In a related move, ChatGPT acquired Windsurf, another AI assistant, for a reported $3 billion.
