Anysphere Secures $900 Million in Funding, Reaching $9 Billion Valuation

Anysphere, the company behind the AI-powered coding tool Cursor, has raised $900 million in a new funding round. This investment propels the company to a remarkable $9 billion valuation, according to the Financial Times. Thrive Capital led the round, with participation from Andreessen Horowitz (a16z) and Accel.

This latest funding follows a $105 million round secured by Anysphere in December 2024, also led by Thrive Capital with participation from a16z. That round valued the company at $2.5 billion, as reported by TechCrunch. The rapid increase in valuation highlights the intense investor interest in Anysphere and its AI coding technology.

High Demand for AI Coding Solutions

Anysphere has attracted significant attention from investors, including Index Ventures and Benchmark. This latest round suggests existing investors are eager to maintain their stake in the rapidly growing company. The surge in interest reflects the broader trend of investor enthusiasm for AI-powered coding solutions.

Other AI coding startups are also experiencing significant growth. Windsurf, a competitor of Anysphere, was reportedly in talks to raise funding at a $3 billion valuation earlier this year, according to TechCrunch. OpenAI, an investor in Anysphere, was also reportedly considering acquiring Windsurf for a similar amount, as reported by CNBC.

  • Thrive Capital leads Anysphere's $900 million funding round.
  • Andreessen Horowitz and Accel also participate in the investment.
  • Anysphere's valuation reaches $9 billion.
  • The company previously raised $105 million in December 2024.
  • Investor interest in AI-powered coding solutions remains high.

The continued investment in Anysphere and its competitors underscores the growing importance of AI in software development and the significant potential for future innovation in this space.

Financial Times Source
TechCrunch Source (December 2024 Funding)
TechCrunch Source (Investor Interest)
TechCrunch Source (Windsurf Funding)
CNBC Source (OpenAI Acquisition)