Anysphere, producer of AI Assistant Cursor, raised $ 900 million with a valuation of $ 9.9 billion, Bloomberg reported. The round was led by a returning investor Thrive Capital, with the participation of Andreessen Horowitz, Accel and DST Global.
The huge round is the third Fund Anysphere in lower than a yr. The 3-year startup secured its previous capital series of $ 100 million at pre-motion valuation of $ 2.5 billion at the end of last yr, because TechCrunch was to report.
AI coding assistants, often called “atmospheric coders”, appeared as one of the hottest AI applications, with the cursor conducting the category. Annual revenues (ARR) Anysphere doubles about two months, a person familiar with the company said TechCrunch. The company exceeded $ 500 million in ARR, the sources informed Bloomberg, which is an increase of 60% in comparison with $ 300 million, which we reported in mid -April.
The cursor offers layered prices for programmers. After a two -week free trial period, the company transforms users into paying customers who can select a PRO offer in the amount of USD 20 or a monthly business subscription of USD 40.
Bloomberg announced that until recently, most of the company’s revenues got here from individual subscriptions of users. However, Anysphere currently offers company licenses, enabling firms to purchase a application for their teams at a higher price.
At the starting of this yr, Opeli and other potential buyers turned to the company, but everyone rejected these offers. The manufacturer Chatgpt bought Windsurf, one other rapidly developing AI assistant, apparently for $ 3 billion.