Cursor Developer Anysphere Raises $60M Series A at a $400M Valuation
Anysphere, the company behind Cursor, officially announced a $60M Series A round led by Andreessen Horowitz and Thrive Capital, reaching a $400M valuation. The company said it had grown to serve more than 40,000 customers, ranging from startups and research institutions to large enterprises.
Details
- Amount raised and valuation: $60M led by Andreessen Horowitz and Thrive Capital, reaching a $400M valuation. OpenAI and Stripe co-founder and CEO Patrick Collison also participated
- Customer base: Announced more than 40,000 customers including startups, research institutions, and large enterprises, billing itself as “the best way to write code with AI”
- Team strength: Highlighted a team that includes International Olympiad in Informatics (IOI) and International Mathematical Olympiad (IMO) medalists, open source contributors, and published researchers
- Technical pitch: Showcased its own next-edit prediction model, a search system spanning billions of files, and speculative inference for code rewriting as core strengths
- Vision: Set a long-term goal of building “a magical tool that will someday write all the world’s software”
What happened next
Just three months after the Series A, in November, reports emerged of a bidding war over the company’s valuation as it continued its rapid growth — and that same month it acquired the AI code completion startup Supermaven. By year’s end, this momentum carried into an even larger Series B.