Behind the Site

Cursor

cursor.com

AI coding agent and code editor built by Anysphere, a fork of VS Code for AI-assisted software development.

  • Developer tools
  • acquired
  • Founded 2022
  • Researched Sep 2026
Likely
Age4 yearsDomain registered 1995
Confirmed
Based inSan Francisco, CaliforniaAlso New York, NY, Palo Alto, CA
Likely
Employees201-500Reported roughly 300 employees as of August 2025 (Fortune/Wikipedia)
Confirmed
Funding$3.3B raisedSeed $8.0M · Series A $60M · Series C $900M · Series D $2.3B
Likely
PlatformsWeb, iPhone, Mac, Windows, Linux
Confirmed
Founders4 foundersMichael Truell, Sualeh Asif, Aman Sanger, Arvid Lunnemark

The story

Anysphere was founded in 2022 by four MIT students who built Cursor, an AI-native fork of VS Code. Backed by OpenAI's Startup Fund and later top-tier VCs, the company's valuation rocketed from $400M in 2024 to $29.3B by late 2025 on soaring recurring revenue. In 2026 SpaceX agreed to acquire the company for $60 billion, folding it into its xAI subsidiary.

Timeline

  1. Founded2022

    Anysphere incorporated

    Founded by four MIT students: Truell, Asif, Lunnemark, Sanger

  2. FundingOct 2023

    $8M seed round

    Led by OpenAI Startup Fund, brought total raised to $11M

  3. FundingJul 2024

    $60M Series A

    Valued the company at about $400M

  4. AcquiredNov 2024

    Acquired Supermaven

    AI code-completion startup folded into Cursor

  5. FundingJun 2025

    $900M Series C

    Led by Thrive Capital, valuation $9.9B, ARR passed $500M

  6. MilestoneOct 2025

    Cursor 2.0 and co-founder exit

    Launched multi-agent Cursor 2.0; co-founder Lunnemark departed

  7. FundingNov 2025

    $2.3B Series D

    Co-led by Accel and Coatue, valuation $29.3B

  8. AcquiredDec 2025

    Agreed to acquire Graphite

    New York code-review startup, deal above its $290M valuation

  9. MilestoneApr 2026

    xAI acquisition option deal

    xAI/SpaceX gains right to buy Cursor for $60B or pay $10B

  10. AcquiredJun 2026

    SpaceX to acquire Cursor

    $60B all-stock deal, Cursor to join xAI subsidiary

Founders

  • Michael Truell

    Co-founder and CEO

    MIT; led Anysphere's founding and 2023 seed round

  • Sualeh Asif

    Co-founder

    MIT classmate of Truell; co-founded Anysphere/Cursor in 2022

  • Aman Sanger

    Co-founder

    MIT; publicly discussed Cursor's product direction in 2023

  • Arvid Lunnemark

    Former co-founder (departed October 2025)

    MIT; left Cursor in Oct 2025 to found AI safety lab Integrous Research

11 sourcesEvery fact above links back to these.
  1. Cursor homepagecursor.com
  2. Cursor (company) - Wikipediaen.wikipedia.org
  3. Anysphere raises $8M from OpenAI to build an AI-powered IDE - TechCrunchtechcrunch.com
  4. Cursor · Careerscursor.com
  5. RDAP/WHOIS lookup for cursor.com
  6. Cursor - App Store listingapps.apple.com
  7. SpaceX to buy AI coding startup Cursor for $60 billion in enterprise push - Reutersreuters.com
  8. SpaceX says it can buy Cursor later this year for $60 billion - CNBCcnbc.com
  9. Cursor's Anysphere nabs $9.9B valuation, soars past $500M ARR - TechCrunchtechcrunch.com
  10. Benchmark, Index, others in bidding war over Anysphere - TechCrunchtechcrunch.com
  11. Cursor co-founder Arvid Lunnemark leaves AI coding startup - The Hinduthehindu.com
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