Cursor Creator Anysphere Raises $900M at $9B Valuation
▼ Summary
– Anysphere, creator of AI coding tool Cursor, secured $900 million in funding led by Thrive Capital, valuing the company at $9 billion.
– Andreessen Horowitz (a16z) and Accel also participated in the funding round, according to the report.
– Cursor previously raised $105 million in December at a $2.5 billion valuation, with Thrive and a16z as key investors.
– Investors like Index Ventures and Benchmark are competing to back Anysphere, while existing investors remain eager to participate.
– Competitor Windsurf is also attracting investor interest, with discussions for a $3 billion valuation and reported acquisition interest from OpenAI.
Anysphere, the company behind the AI-driven coding assistant Cursor, has secured a massive $900 million investment in its latest funding round, pushing its valuation to an impressive $9 billion. The financing was spearheaded by Thrive Capital, with notable participation from Andreessen Horowitz (a16z) and Accel, according to sources cited by The Financial Times.
This latest injection of capital marks a significant leap from the startup’s previous funding efforts. Just last December, Anysphere raised $105 million in a round that valued the company at $2.5 billion, with Thrive and a16z leading the charge. To date, the company has amassed over $173 million in total funding, per Crunchbase records.
Investor enthusiasm for Anysphere shows no signs of slowing down. Reports suggest that heavyweight firms like Index Ventures and Benchmark are eager to get involved, though existing backers appear determined to maintain their stakes in the fast-growing startup.
The surge in funding highlights the broader investor appetite for AI-powered coding tools. Earlier this year, Windsurf, a competitor to Anysphere, was reportedly in talks to secure funding at a $3 billion valuation. OpenAI, an investor in Anysphere, was also said to be exploring an acquisition of Windsurf for a similar figure, underscoring the fierce competition in this rapidly evolving sector.
(Source: TechCrunch)
