# Anysphere Anysphere is the company behind [[Cursor|Cursor]]. Four MIT students, [[Michael Truell]], Sualeh Asif, Arvid Lunnemark, and Aman Sanger, founded it in 2022. [[Michael Truell|Truell]] is CEO. The company is based in San Francisco and stayed small for its scale, around 300 people through 2025. ## Growth The revenue curve is the headline. Cursor's annual recurring revenue hit $500M by June 2025, crossed $1B by November 2025, and was reported above $2B by early 2026. Funding tracked it closely: | Round | Date | Raised | Valuation | |---|---|---|---| | Seed | Oct 2023 | $8M | — | | Series A | Jul 2024 | $60M | $400M | | Series C | Jun 2025 | $900M | $9.9B | | Series D | Nov 2025 | $2.3B | $29.3B | | **Acquisition by SpaceX/xAI** | Jun 2026 | — | **$60B all-stock** | The seed round came from the OpenAI Startup Fund. The story ended (as an independent company) on 16 June 2026: SpaceX — merged with [[xAI]] since February — agreed to acquire Anysphere for $60 billion in stock, the largest acquisition of a venture-backed startup ever, with closing targeted for Q3 2026. The rationale most analysts converged on: the training data from millions of developers using Cursor daily, not the revenue. ## Products and acquisitions The product that matters is [[Cursor|Cursor]], the AI code editor. Anysphere also runs Graphite, a code-review tool it acquired in December 2025. It picked up Supermaven (autocomplete) in November 2024 and the Koala team in July 2025, mostly for talent and technology. ## References - Cursor: https://cursor.com - Wikipedia: https://en.wikipedia.org/wiki/Anysphere ## Related - [[Cursor]] - [[Michael Truell]] - [[Composer 2.5]] - [[xAI]] — acquirer (June 2026, via SpaceX) - [[OpenAI]] - [[Large Language Models (LLMs)]] - [[AI Agent Harness]]