Cursor Creator Anysphere Nears $10 Billion Valuation in New Funding Round Led by Thrive Capital
Summary
Anysphere, the startup behind AI code editor Cursor, is closing in on a $10 billion valuation in a new funding round led by Thrive Capital, after surpassing $100 million in annual recurring revenue in just 12 months.
Key Points
- Anysphere, the startup behind the AI-powered code editor Cursor, is in talks to raise hundreds of millions of dollars at a valuation close to $10 billion.
- Thrive Capital is expected to lead the funding round, with existing backers including Andreessen Horowitz, though details have not yet been finalized.
- Cursor has surpassed $100 million in annual recurring revenue in just 12 months, making Anysphere one of the fastest-growing startups ever, up from a $2.5 billion valuation in January.