Overview

Cursor is an AI-powered code editor developed by Anysphere, founded in 2022 by four MIT graduates: Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger. Built as a fork of Visual Studio Code, Cursor transforms traditional coding into an intelligent, AI-assisted experience that developers describe as “vibe coding.” The platform integrates advanced AI models from OpenAI, Anthropic, and Google to provide context-aware code completion, intelligent rewrites, natural language editing, and autonomous debugging. Since launching in 2023, Cursor has become the fastest-growing SaaS company ever, reaching $100 million in ARR within just 12 months and achieving a $29.3 billion valuation by November 2025. With over 1 million users including more than half of the Fortune 500 companies like Nvidia, Uber, Adobe, Spotify, and OpenAI itself, Cursor is revolutionizing how software is built in the AI era.

Products & Technology

• Cursor IDE: AI-native code editor built on VS Code with full extension compatibility.
• Tab AI (Fusion): Next-action prediction with context-aware code completion and intelligent cursor jumps.
• Cursor Agents: Autonomous coding assistants that can build features, fix bugs, and run tests.
• Composer: Multi-file editing and code generation with natural language commands.
• Cmd+K: Inline code editing and rewriting with AI assistance.
• Chat: Conversational interface for asking questions about codebases and documentation.
• Codebase Understanding: Context-aware AI that comprehends entire projects regardless of scale.
• Multi-Model Support: Access to GPT-5, Claude Sonnet 4.5, Claude Opus 4.1, Gemini 2.5 Pro, and more.

2024-2025 Highlights

• Achieved $29.3B valuation with $2.3B Series D funding round (Nov 2025).
• Crossed $1 billion in annualized revenue, fastest SaaS to reach this milestone.
• Raised $900M Series C at $9.9B valuation from Thrive, a16z, Accel (June 2025).
• Acquired Supermaven for advanced AI code completion technology (Nov 2024).
• Launched Tab AI Fusion with next-action prediction capabilities (2025).
• Adopted by over 50% of Fortune 500 companies including Nvidia, Uber, Adobe.
• Surpassed 1 million active users and 360,000+ paying customers.
• Expanded team from 12 to 300+ employees while maintaining lean operations.
• Introduced in-house coding models reducing dependence on third-party AI.
• Rejected acquisition offers from OpenAI to remain independent.

Funding Rounds