News
Cursor surpasses $500M ARR, used by more than half of the Fortune 500
Jun 6, 2025
Key Points
- Cursor surpasses $500M in annualized revenue and is used by more than half of the Fortune 500, establishing itself as one of the fastest-adopted developer tools.
- Anysphere raises $900M in Series C from Thrive Capital, Excel Venture, Andreessen Horowitz, and DST Global.
- The funding round and revenue milestone announcement arrive simultaneously, suggesting deliberate orchestration of the news cycle around enterprise AI adoption.
Summary
Anysphere, the startup behind the AI coding tool Cursor, has surpassed $500M in annualized revenue and raised $900M in Series C funding from Thrive Capital, Excel Venture, Andreessen Horowitz, and DST Global. Cursor is now used by more than half of the Fortune 500, making it one of the fastest-adopted developer tools in the market. The funding round and revenue milestone arrived in the same week, reflecting the pace of enterprise adoption in AI-powered code generation.
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