Anysphere, the developer behind the AI-powered code editor Cursor, has attracted investor proposals to double its valuation to between $18 billion and $20 billion, only a month after securing $900 million at a $9.9 billion valuation.
Founded in 2023, the company has already achieved an impressive $500 million in annual revenue, cementing its status as one of the fastest-growing startups in history.
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Despite the lucrative offers, Anysphere is not currently planning to raise new capital, choosing instead to focus on product development. However, with its rapid growth trajectory and favorable financing conditions, the company may reconsider its stance, leaving room for potential future investment rounds.
