Anysphere Raises $900M at $9B Valuation - Cursor Maker

Anysphere Secures $900 Million Funding

Anysphere, the company behind the AI-driven coding tool Cursor, has recently secured $900 million in a new funding round. This investment was spearheaded by Thrive Capital, according to reports from The Financial Times, referencing sources with knowledge of the transaction.

Investor Participation and Valuation

Alongside Thrive Capital, prominent venture capital firms Andreessen Horowitz (a16z) and Accel are also contributing to this funding round. The investment reportedly values Anysphere at approximately $9 billion.

Just last December, Cursor received $100 million in funding from both Thrive and a16z, achieving a valuation of $2.6 billion, as reported by TechCrunch.

Total Funding to Date

According to data from Crunchbase, Anysphere has now raised over $173 million in funding throughout its history.

Increased Investor Demand

Several investors, including Index Ventures and Benchmark, are actively seeking to invest in Anysphere. However, the company’s current investors are also keen on participating in this funding opportunity.

Competitive Landscape in AI Coding

The surge in investor interest extends to other AI-powered coding startups as well. TechCrunch reported in February that Windsurf, a competitor to Anysphere (previously known as Codeium), was exploring a funding round at a $3 billion valuation.

Notably, OpenAI, which is an investor in Anysphere, was reportedly considering acquiring Windsurf for a similar valuation.

Here's a summary of key points:

• Anysphere raised $900 million led by Thrive Capital.
• The company is valued at around $9 billion.
• Total funding now exceeds $173 million.
• Cursor is Anysphere’s primary product.
• OpenAI showed interest in acquiring a competitor, Windsurf.