Anysphere (Cursor)

Private

Featured

AI Code Editor

Founded 2022San Francisco, CA~200 employees

Website

Valuation

$9.9B (Series C, May 2025); $50B secondary discussions (Jun 2026)

Total Funding

$173M+

Revenue

$3B ARR (Apr 2026)

Profit Status

Pre-profit, explosive growth

Revenue Growth

>1000% YoY

Employees

~200

About Anysphere (Cursor)

Anysphere is the company behind Cursor, the AI-first code editor that became the fastest-growing developer tool in history. Cursor is a fork of VS Code with native multi-model AI capabilities (Claude, GPT-4, Gemini), full codebase context, agentic multi-file editing, and background agents. It reached $3B ARR by April 2026, with 64% of Fortune 500 companies adopting it. The company is in valuation discussions at $50B as of June 2026.

Company History

Founded in 2022 by four MIT students. Built Cursor as a VS Code fork with deep AI integration. Grew viral after Claude 3.5 Sonnet integration mid-2024. Hit $100M ARR by January 2025 — one of the fastest in developer tools history. Series C at $9.9B (Andreessen Horowitz, Thrive Capital) in May 2025. Hit $3B ARR by April 2026 with 64% Fortune 500 penetration. Secondary market valuation discussions at $50B as of June 2026. Cursor's success spawned the 'AI-first IDE' category and forced GitHub Copilot to accelerate roadmap.

Company Timeline

2022
Founded by four MIT students; built Cursor as VS Code fork
Mar 2023
Cursor public launch
Aug 2024
$60M Series A at $400M valuation; Claude 3.5 Sonnet integration drives viral growth
Jan 2025
Hit $100M ARR — fastest developer tool to do so
May 2025
$9.9B Series C (a16z, Thrive); Cursor 1.0 with background agents
Apr 2026
$3B ARR; 64% Fortune 500 adoption; 1M+ DAU
Jun 2026
$50B valuation discussions in secondary market

Products & Services

Cursor (AI-first IDE)Cursor Tab (autocomplete)Background AgentsBugBotCursor Memory

Company Details

Focus Area

AI Code Editor

Stage

Private

Founded

2022

Headquarters

San Francisco, CA