Anysphere, the company behind the AI-powered coding tool Cursor, has successfully raised $900 million in a recent funding round, bringing its valuation to approximately $9 billion. Thrive Capital led the round, with participation from well-known investors such as Andreessen Horowitz (a16z) and Accel. This investment comes just months after Anysphere raised $105 million at a $2.5 billion valuation in December, with Thrive Capital also taking the lead at that time.
READ MORE: OpenAI Discusses $3B Acquisition of Windsurf
The startup, which has now raised over $173 million in total, is gaining traction in the fast-growing AI coding tool sector. While existing investors like Thrive Capital and a16z are doubling down, other prominent firms, including Index Ventures and Benchmark, are reportedly eager to join the venture, underscoring the immense interest in the company’s potential.
Anysphere’s success is part of a larger trend in the AI-powered coding startup space. For instance, Windsurf, a competitor to Anysphere, is also attracting significant attention. The startup is reportedly in talks to raise funds at a $3 billion valuation. Meanwhile, Anysphere’s investor, OpenAI, was reportedly interested in acquiring Windsurf for a similar amount.
As AI coding tools continue to gain momentum, Anysphere’s ability to secure substantial funding, coupled with the interest from top investors, suggests that the company is well-positioned to lead the next wave of AI innovation in coding and development tools.
