Cursor
PrivateCursor is an AI-powered code editor built by Anysphere, forked from VS Code. It uses large language models to provide intelligent code completion, multi-line editing, chat-based coding assistance, and agentic coding workflows. The company crossed $1 billion in annualized revenue and 1 million daily active users by late 2025, making it one of the fastest-growing SaaS products in history.
Founders Michael Truell, Sualeh Asif, Aman Sanger, Arvid Lunnemark
CEO Michael Truell
Company
Founded
2022
Headquarters
San Francisco, United States
Employees
201-500
Financials
Total Funding
$3.4B
Last Valuation
$29.3B
Funding History
6 rounds Series D Nov 13, 2025
$2.3B
Valuation: $29.3B
Series C Jun 5, 2025
$900M
Valuation: $9.9B
Series B Dec 1, 2024
$105M
Valuation: $2.5B
Series A Aug 9, 2024
$60M
Valuation: $400M
Seed Oct 1, 2023
$8M Pre Seed Apr 1, 2022
$400K Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.