Anysphere, the developer of the AI-powered coding tool Cursor, has raised $900 million in a major funding round, pushing its valuation to $9.9 billion, Bloomberg reports. Leading the round was Thrive Capital, with continued backing from notable investors Andreessen Horowitz, Accel, and DST Global.
This marks Anysphere’s third funding round within a year – an impressive feat for the three-year-old startup. The company’s previous funding round brought in $100 million at a pre-money valuation of $2.5 billion.
Cursor, often classified under the rapidly expanding “vibe coding” segment of AI tools, has become a standout player in the developer tools market. According to sources close to the company, Anysphere’s annual recurring revenue (ARR) has been doubling roughly every two months. Bloomberg reports that Anysphere's ARR has exceeded $500 million, marking a 60% jump from the $300 million reported in mid-April.
The platform monetizes through a freemium model. Once the two-week free trial ends, users have the option to subscribe to a $20/month Pro plan or upgrade to the $40/month Business tier. While individual subscriptions have historically driven most of the company’s revenue, enterprise adoption is now on the rise. Anysphere recently introduced corporate licensing, enabling teams to access the tool at a premium rate.
What do you do with the data you get from Facebook lead forms? Do you send them to the manager, add them to mailing services, transfer them to the CRM system, use them to implement feedback? Automate all of these processes with the SaveMyLeads online connector. Create integrations so that new Facebook leads are automatically transferred to instant messengers, mailing services, task managers and other tools. Save yourself and your company's employees from routine work.