Cursor's Valuation Nearly Triples to $29.3 Billion After $2.3B Funding
Photo by Zulfugar Karimov on Unsplash
Cursor, a code-generation startup, secured $2.3 billion in Series D funding led by Coatue with participation from Nvidia and Google's parent company, Alphabet, boosting its valuation to $29.3 billion. The company, having achieved over $1 billion in annualized revenue, has seen a 100x increase in sales-led revenue since early 2025, reflecting the wider trend of AI ventures comprising half of the $97 billion in global venture funding in Q3.
Key takeaways
- Code-generation startup Cursor has raised $2
- 3 billion in a Series D funding round led by Coatue, with participation from Nvidia, Alphabet (Google's parent company), and existing investor Accel
- This investment nearly triples Cursor's valuation to $29
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