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Four Cofounders Of Popular AI Coding Tool Cursor Are Now Billionaires
Cursor raised $2.3 billion to develop Composer, aiming to generate more code internally and reduce costly third-party AI reliance, the company said.
- On Nov 13, 2025, Cursor announced a $2.3 billion funding round valuing the company at $29.3 billion, co-led by Accel and Coatue with Andreessen Horowitz, Nvidia and Google participating.
- Composer, launched in October, was built to generate code and automate editing tasks, and Cursor said it plans for Composer to reduce reliance on Google, OpenAI and Anthropic models.
- Cursor has grown to over 300 employees and crossed $1 billion in annualized revenue, with Forbes estimating each cofounder holds a stake worth at least $1.31 billion.
- Rival firms are sharpening their coding products as OpenAI and Anthropic refine tools in a crowded market, and OpenAI approached Anysphere earlier this year but the deal failed to gain traction.
- Much of the new capital will be directed to Composer to improve it, CEO Michael Truell told the Wall Street Journal, aiming to reduce costly reliance on third-party models from Google, OpenAI, Anthropic.
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Cursor’s $2.3B Financing Reminds Us: Coding Automation Is Still Ultra-Hot
Coding automation platform Cursor announced today that it has raised $2.3 billion in Series D funding at a $29.3 billion post-money valuation — more than 3x higher than what Cursor parent company Anysphere secured just six months ago.
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Total News Sources23
Leaning Left1Leaning Right2Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
11%
C 67%
R 22%
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