From TechCrunch
By Kyle Wiggers
October 11, 2023

In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say
Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said. This new funding comes just four months after Anysphere raised its $60 million Series A at a $400 million valuation from Thrive and Andreessen Horrowitz. A16Z also participated in the latest round, but didn’t co-lead it this time. Thri
Dec 19, 2024

Anysphere acquires Supermaven to beef up Cursor
Anysphere, the company behind AI-powered code editor Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum. Anysphere CEO Michael Truell announced the deal in a post on Cursor’s blog. Supermaven, he said, will enable Anysphere to launch a new version of its Tab AI model that’s “fast, context-aware, and highly intelligent,” especially at sequences of long code. Supermaven’s plugins will remain maintained, Truell said, though Cursor will become the team’s core focus. “This is
Nov 12, 2024

Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot
Cursor maker Anysphere is snapping up top talent from AI enterprise startups in an effort to compete with Microsoft's GitHub Copilot.
Jul 18, 2025
Anthropic raises $450M to build next-gen AI assistants
Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital. Anthropic wouldn’t disclose what the round valued its business at. But The Information reported in early March (and as confirmed by us when we were leaked the pitch deck for the […]
May 23, 2023