We’re obsessed with the magical moments in the history of programming with AI. Internally, we often talk about how high the ceiling is for how great Cursor can become, and how much work still remains to get there.

Today, we’re pleased to announce a new round of financing: our Series D of $2.3B at a $29.3B post-money valuation. We’re excited to deepen our work with existing investors, including Accel, Thrive, Andreessen Horowitz, and DST, and welcome new partners Coatue, NVIDIA, and Google.

We’ve grown to a team of over 300 engineers, researchers, designers, and operators, with ambitious plans to expand our footprint. We’ve also crossed $1B in annualized revenue, counting millions of developers and many of the world’s most accomplished engineering organizations as our customers. And our in-house models now generate more code than almost any other LLMs in the world.

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