Overview
- Accel and Coatue led the round, with participation from Thrive Capital, Andreessen Horowitz, DST Global, Nvidia and Google.
- Cursor reports surpassing $1 billion in annualized revenue and growing to more than 300 employees.
- The company plans to direct the new capital toward advancing Composer, its in‑house coding model launched in October.
- Cursor currently relies on models from Google, OpenAI and Anthropic, with Composer expected to take on more of that workload over time.
- The valuation nearly triples its June mark as competition in AI coding heats up, and Forbes estimates each cofounder now holds a stake worth over $1 billion.