The surprising journey of Anysphere from startup to billion dollar valuation

Anysphere, known for its Cursor application, raised $900 million at a $9 billion valuation, led by Thrive Capital, with participation from Andreessen Horowitz and Accel. In December, Anysphere secured a $105 million Series B at a $2.6 billion valuation, following a $60 million Series A. Since its founding in 2022, the company raised $1.1 billion in total. Investors show interest in artificial intelligence-powered coding tools that enhance developer productivity. OpenAI is negotiating to acquire AI coding tool Windsurf for $3 billion, marking its largest potential acquisition. OpenAI previously considered acquiring Anysphere. AI sector attracted $59.6 billion in venture funding in the first quarter of 2025, representing 53% of global funding.

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