Cursor's Valuation Soars to $29.3 Billion After $2.3 Billion Raise
Photo by Ibrahim Yusuf on Unsplash
AI coding startup Cursor secured $2.3 billion in Series D funding led by Coatue and Accel, valuing the company at $29.3 billion, with participation from other firms like Google and Nvidia. Cursor, which creates AI tools for code generation, reports over $1 billion in annualized revenue and a significant revenue increase since early 2025, planning to use the funds for research.
Key takeaways
- AI coding startup Cursor has raised $2
- 3 billion in a Series D funding round co-led by Coatue and Accel, valuing the company at $29
- 3 billion, according to Bloomberg
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