INSUBCONTINENT EXCLUSIVE:
Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported
The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global.The massive round
The 3-year-old startup secured its previous capital haul of $100 million at a pre-money valuation of $2.5 billion late last year, as A
applications, with Cursor leading the category
The company has surpassed $500 million in ARR, sources told Bloomberg, a 60% increase from the $300 million we reported in mid-April.Cursor
offers developers tiered pricing
After a two-week free trial, the company converts users into paying customers, who can opt for either a $20 Pro offering or a $40 monthly
However, Anysphere is now offering enterprise licenses, allowing companies to purchase the application for their teams at a higher price
point.Earlier this year, the company was approached by OpenAI and other potential buyers, but Anysphere turned down those offers
The ChatGPT maker bought Windsurf, another fast-growing AI assistant, reportedly for $3 billion.
