Anysphere, the manufacturer of the AI coding assistant Cursor, collected 900 million US dollars with a rating of 9.9 billion US dollars, reported Bloomberg. The round was led by the returning investor Thrive Capital with the participation of Andreessen Horowitz, Accel and DST Global.
The massive round has been the third fundraiser of Anysphere for less than a year. The 3-year startup secured its previous capital process of $ 100 million in the event of a rating before the money of $ 2.5 billion at the end of last year, since Techcrunch reported the first.
AI coding assistants, who are often referred to as “Vibe coders”, have developed into one of the most popular AI applications, with the cursor in the category. Anysphere’s Annualized Revenue (ARR) doubled about every two months, a person familiar with the company told Techcrunch. The company has exceeded Arr of $ 500 million, Sources Bloomberg said, an increase of 60% compared to the $ 300 million that we had reported in mid-April.
The cursor offers developers graded pricing. After a two-week free trial version, the company converted users to paying customers who can choose either a $ 20-dollar offer or a monthly business subscription of $ 40.
Until recently, the majority of the company’s income came from individual user subscriptions, Bloomberg reported. However, Anysphere offers company licenses so that companies can acquire the application for their teams at a higher price.
At the beginning of this year, the company was addressed by Openaai and other potential buyers, but Anysphere rejected these offers. The Chatgpt Maker bought Windsurf, another rapidly growing AI assistant, according to reports $ 3 billion.