AI

Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR

Anysphere, the maker of AI coding assistant cursor, has collected $ 900 million with a rating of $ 9.9 billion, Bloomberg reported. The round was led by Returning Investor Thrive Capital, with the participation of Andreessen Horowitz, Accel and DST Global.

The massive round is the third fundraising of Anompere in less than a year. The 3-year-old startup provided his earlier capital distance of $ 100 million in a pre-money rating of $ 2.5 billion at the end of last year, because WAN first reported.

AI coding assistants, often referred to as ‘atmospheric coder’, have emerged as one of the most popular applications of AI, where the cursor leads the categor. Anysphere’s Annualized Income (ARR) has doubled approximately every two months, a person who is familiar with the company to WAN told. The company has $ 500 million in arrabpasten, sources told Bloomberg, an increase of 60% compared to the $ 300 million that we reported in mid -April.

Cursor offers developers measured prices. After a free two-week trial period, the company converts users to pay customers, who can opt for a $ 20 pro-offer or a monthly company subscription of $ 40.

Until recently, most income from the company came from individual user subscriptions, Bloomberg reported. However, Anysphere now offers business permits, so that companies can buy the application for their teams at a higher price.

Earlier this year, the company was approached by OpenAi and other potential buyers, but Anysphere rejected those offers. The chatgpt maker bought Windsurf, another fast-growing AI assistant, reportedly for $ 3 billion.

Source link

See also  Chinese AI startup Manus reportedly gets funding from Benchmark at $500M valuation

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button