In the current market, AI-driven coding assistant startups are emerging in large numbers, including names like Augment, Codeium, Magic, and Poolside. However, Cursor has risen as the most popular among them. The development company, Anysphere, reported an annual revenue of $4 million as of last April, which has since skyrocketed to $4 million per month, far outpacing other coding assistant providers.
This rapid growth has attracted significant attention from venture capitalists. Insiders reveal that Anysphere has recently received a series of undisclosed acquisition offers, with valuations as high as $2.5 billion, involving participants such as Benchmark, Index Ventures, and previous investors Andreessen Horowitz and Thrive.
It is reported that Anysphere's initial undisclosed offer was $1.5 billion, but it surged to $2.5 billion within just a week. Additionally, sources indicate that investors are generally willing to price the company at $2.5 billion. This valuation represents a leap from the $400 million valuation during Anysphere's funding round four months ago, when the company successfully completed a $60 million Series A round, led by Andreessen Horowitz and Thrive, with participation from Stripe co-founder Patrick Collison.
Founded in 2022, Anysphere's founding team includes Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger, all students from MIT. Last year, Anysphere graduated from OpenAI's accelerator program, becoming one of the most outstanding graduates. Subsequently, Anysphere also secured an $8 million seed round led by OpenAI's startup fund, with investments from former GitHub CEO Nat Friedman and Dropbox co-founder Arash Ferdowsi.
Today, many engineers have started using coding assistants like Cursor, and some venture capitalists predict that these tools may reduce the number of software developers that startups need to recruit in the future.
Key Points:
🌟 Anysphere's AI coding assistant, Cursor, has seen its monthly revenue rapidly grow from $4 million to $4 million per month.
💰 Venture capitalists' interest in Anysphere has surged, with valuations rising from $1.5 billion to $2.5 billion in just a few weeks.
🎓 Anysphere was founded in 2022 by a team of MIT students, having graduated from OpenAI's accelerator program.
