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Anysphere, which makes Cursor, has reportedly raised $900M at $9B valuation

  • Anysphere, maker of the AI coding tool Cursor, raised $900 million at a $9 billion valuation as reported on May 4, 2025.
  • This funding followed earlier rounds led by Andreessen Horowitz and Thrive Capital, with Cursor growing rapidly since its January 2023 launch.
  • Cursor reached over $300 million in annual recurring revenue within two years by integrating AI to assist rather than replace human engineers.
  • CEO Michael Truell said the company aims to "out-smart and out-engineer the best pure-AI system" by combining AI and human efforts.
  • The funding signals strong investor confidence in AI coding tools amid competition, including OpenAI’s acquisition of rival Windsurf.
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TechCrunch broke the news in United States on Monday, May 5, 2025.
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