10 Cursor Statistics (2025):
Revenue, Valuation, Competitors, Founder

Cursor is an AI-powered code editor created by Anysphere that helps developers write, understand, and debug code faster using generative AI.

Founded by four MIT graduates, Cursor has quickly become one of the most rapidly adopted developer tools in the industry, earning the distinction of being the fastest SaaS company to reach $100 million in annual recurring revenue.

Continue reading for the latest Cursor statistics in 2025.

Here's a quick breakdown of what we'll cover:

• Cursor Stats (Highlights)
• Cursor Revenue
• Cursor Valuation
• Cursor Funding
• Cursor Is The Fastest Growing SaaS
• Cursor Investors
• Cursor User Count
• Cursor Competitors
• Cursor IPO. Will Cursor Go Public?
• Cursor Founder
• Cursor Team Size

• Cursor generated $100 million in revenue in 2024.
• Cursor is projected to reach $200 million in revenue in 2025.
• Cursor has a valuation of $2.6 billion as of January 2025.
• Cursor has raised $173 million in total funding.
• Cursor has over 1 million users, including 360,000 paying customers.
• Cursor is the fastest SaaS company to reach $100M in ARR.
• Cursor operates with a small team of just 12 people.

Cursor generated $100 million in revenue in 2024, an astronomical increase from $1 million in 2023.

Cursor is projected to reach $200 million in revenue in 2025, doubling its 2024 performance and cementing its status as the fastest-growing SaaS company in history.

This is an incredible increase from their first year of revenue, where they generated an estimated $1 million in revenue.

Here's a table of Cursor's revenue growth:

Cursor has a valuation of $2.6 billion as of its Series B round in January 2025, just 16 months after its first seed funding.

The company is reportedly in talks as of March 2025 to raise additional funding at a $10 billion valuation, which would represent a 285% increase from its January 2025 valuation.

Cursor has raised a total of $173 million across three funding rounds, with its $105 million Series B in January 2025 being the largest to date.

Below is a table of Cursor's funding rounds:

Cursor is the fastest growing SaaS (software as a service) app ever to reach $100 million in annual recurring revenue (ARR).

This milestone was achieved in just 12 months from launch, setting a new record in the SaaS industry and continuing to show the incredible market demand for AI-powered developer tools.

Cursor venture capital investors include: OpenAI Startup Fund, Andreessen Horowitz, Thrive Capital, Benchmark, Index Ventures and Neo.

Cursor angel investors include: Nat Friedman, Arash Ferdowsi, Patrick Collison, Daniel Gross, Lachy Groom, and Guillermo Rauch.

Below is a table of Cursor's investors by funding round:

Cursor has over 1 million users worldwide, an impressive milestone achieved primarily through word-of-mouth.

Of these users, approximately 360,000 are paying customers, a hefty number for a company that has only been in business for 16 months.

This rapid user acquisition, achieved with minimal marketing, has helped Cursor become one of the early success stories of the generative AI era.

Cursor has many competitors in the AI-powered code editor market: including GitHub Copilot, Replit Ghostwriter, CodeWhisperer, Tabnine, CodiumAI, and Magic.dev.

Here's a table of Cursor's main competitors:

Cursor currently has no plans for an IPO, focusing instead on product development and growth.

In an interview, Cursor CEO Michael Truell emphasized the company's long-term perspective:

"In the next several years, our mission is to make programming an order of magnitude faster, more fun and creative."

Cursor was founded by four MIT graduates: Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger. They launched the company in 2023 while still in college.

Michael Truell, one of the co-founders, has mentioned his clear goal for Cursor: "I'm building Cursor to speed up software engineering."

Despite its meteoric growth and significant funding, Cursor maintains a remarkably small team of just 12 people!.

This lean approach has not hindered the company's ability to innovate and scale, demonstrating remarkable operational efficiency in the AI development space.

Cursor's meteoric rise continues to show the ever increasing demand for AI SaaS companies.

With its strong user adoption, significant funding, and lean operational approach, Cursor is redefining how developers interact with code in the AI era.

As the coding assistance market expands, Cursor's focus on building an effective ai code editor that is intuitive to use and performs incredibly well positions it as a strong player going forward.