Cursor (Anysphere)
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Investors
Founders
About
Cursor is an AI-powered code editor built by Anysphere, founded in 2022 by Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger while students at MIT 1. The product is a fork of Visual Studio Code with integrated AI-assisted coding capabilities and is used by over 50% of the Fortune 500 2. Bloomberg has described it as “the fastest growing startup ever” 3.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| Apr 2022 | Pre-Seed | $400K | Neo | — 4 |
| Oct 2023 | Seed | $8M | OpenAI Startup Fund | Nat Friedman, Arash Ferdowsi 1 |
| Aug 2024 | Series A | $60M | a16z, Thrive Capital (co-lead) | Patrick Collison 5 |
| Dec 2024 | Series B | $105M | Thrive Capital | — 3 |
| 2025-06-05 | Series C | $900M | Thrive Capital | Andreessen Horowitz, Accel, DST Global 38 |
| 2025-11-13 | Series D | $2.3B (at $29.3B valuation) | Accel, Coatue (co-lead) | Thrive Capital, Andreessen Horowitz, DST Global, NVIDIA, Google 267 |
Total raised: approximately $3.5B. Valued at $29.3B as of Series D 2.
What Investors Say
No verified investor quotes found at this time.
What Founders Say
No independently sourced founder testimonials found.
Sources
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TechCrunch, “Anysphere raises $8M from OpenAI to build an AI-powered IDE,” October 11, 2023, accessed March 2026. https://techcrunch.com/2023/10/11/anysphere-raises-8m-from-openai-to-build-an-ai-powered-ide/↩↩
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TechFundingNews, “Anysphere’s Cursor soars to $29B valuation with $2.3B round led by Accel, Coatue,” November 14, 2025, accessed March 2026. https://techfundingnews.com/anysphere-soars-to-29-3b-valuation-with-2-3b-funding-redefining-the-future-of-coding/↩↩↩
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Crunchbase News, “AI-Powered Coding Tool Anysphere Raises $900M at $9.9B Valuation,” June 2025, accessed March 2026. https://news.crunchbase.com/ai/anysphere-cursor-venture-funding-thrive/↩↩↩
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Contrary Research, “Cursor Business Breakdown & Founding Story,” accessed March 2026. https://research.contrary.com/company/cursor↩
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TechCrunch, “Anysphere, a GitHub Copilot rival, has raised an over $60M Series A at $400M valuation from a16z, Thrive, sources say,” August 9, 2024, accessed March 2026. https://techcrunch.com/2024/08/09/anysphere-a-github-copilot-rival-has-raised-60m-series-a-at-400m-valuation-from-a16z-thrive-sources-say/↩
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Cursor blog, “Past, Present, and Future,” November 13, 2025, accessed May 2026. https://cursor.com/blog/series-d — Cursor’s own announcement of $2.3B Series D at $29.3B valuation; existing investors Accel, Thrive, and Andreessen Horowitz, with Coatue, NVIDIA, and Google joining as new investors. ↩
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Institutional Investor, “Coatue Joins $2.3 Billion Bet on Hot AI Coding Platform,” November 2025, accessed May 2026. https://www.institutionalinvestor.com/article/coatue-joins-23-billion-bet-hot-ai-coding-platform — Confirms Coatue and Accel co-led the financing. ↩
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TechCrunch, “Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR,” June 5, 2025. Accessed May 2026. https://techcrunch.com/2025/06/05/cursors-anysphere-nabs-9-9b-valuation-soars-past-500m-arr/ — Confirms $900M Series C dated June 5, 2025 led by Thrive Capital with Accel, a16z, DST Global participating. ↩