Anysphere is a technology startup focused on developing AI-powered software development tools. Founded in 2022 and based in San Francisco, California, the company's core product is Cursor, an AI-assisted integrated development environment (IDE) designed to enhance productivity in software engineering. Since its founding, Anysphere has rapidly gained a significant user base and investment volume. In 2025, it was ranked 26th on Fast Company’s list of the “World’s 50 Most Innovative Companies.”
Foundation
Anysphere was founded by MIT graduates Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger. The company aims to make software development more efficient, accurate, and fast through AI-based solutions. Its first funding round in 2023, led by the OpenAI Startup Fund, raised $8 million, bringing the total investment to $11 million shortly thereafter. By 2024, the company generated $100 million in revenue and targeted a $10 billion valuation by 2025.
Cursor: AI-Powered Code Editor
Cursor, Anysphere’s flagship product, is built on the open-source Visual Studio Code (VS Code) infrastructure. It enables users to generate software functions with natural language prompts, edit existing code, and automatically update project files. The platform utilizes proprietary models as well as large language models (LLMs) developed by OpenAI, Anthropic, and Gemini.
Cursor analyzes the codebase structure to provide contextual suggestions and can automatically apply changes across multiple files. Features include tab completion, multi-line edits, codebase chat, and terminal command suggestions, allowing for fast detection and correction of errors, as well as efficient function and class updates.
Use Cases and Performance
Cursor is used by a wide range of users, from individual developers to Fortune 1000 companies. According to company data, Cursor users generate over 100 million lines of code per month. By 2025, the platform had reached more than 30,000 organizations and over 40,000 individual users, standing out for its ability to handle large-scale codebases. Developers benefit from natural language-driven interaction and context-sensitive suggestions, enabling faster and higher-quality code production.
Security and Compliance
Cursor offers enterprise-grade privacy features and security protocols. The platform is SOC 2 Type II compliant, employs TLS 1.2 for data transmission, and AES-256 for data storage. Enterprise features include a centralized admin panel, SAML 2.0 and OIDC SSO authentication support, role-based access control, and activity monitoring. Cursor also adheres to a strict “Zero Data Retention” policy, meaning no user code is stored on company servers.
Investment and Financial Status
By the end of 2024, Anysphere raised $100 million in funding and reached a $2.6 billion valuation. Investors include Thrive Capital, Andreessen Horowitz, Nat Friedman (former GitHub CEO), Noam Brown (OpenAI), Arash Ferdowsi (Dropbox co-founder), and Jeff Dean (Google). As of 2025, the company’s annual recurring revenue (ARR) hit $150 million, and a new funding round targets a $10 billion valuation.
In 2024, Anysphere acquired Supermaven, another AI-powered coding assistant platform founded by Jacob Jackson, one of the original creators of Tabnine. Supermaven uses its generative model architecture, Babble, and this acquisition was aimed at enhancing Cursor’s functionality and the overall code editing experience.
Future Outlook
Anysphere has quickly become a major player in global software development. Cursor aims to set a new standard in software production with a user-centric interface, contextual code suggestions, and robust security. The company is expected to expand to new markets and further develop its proprietary large language models in the coming period.
