Cursor Becomes Fastest-Growing AI Coding Platform in History

Cursor, an AI-powered integrated development environment (IDE) developed by Anysphere Inc., has emerged as the fastest-growing Software-as-a-Service (SaaS) platform in history.

Launched in January 2023, Cursor has rapidly gained traction among developers worldwide, revolutionizing coding practices with its advanced AI capabilities.

• Cursor integrates AI functionalities, including code generation, intelligent autocompletion, base querying, and smart rewrites. These features enable developers to write and modify code more efficiently, productivity and reducing development time.
• As a fork of Visual Studio Code, Cursor maintains compatibility with existing extensions, themes, and settings. This ensures that developers can transition smoothly to Cursor without disrupting their established workflows.
• The platform has seen swift adoption across the developer community, with professionals from leading tech companies such as Shopify, OpenAI, and Instacart incorporating Cursor into their development processes. Users have reported significant improvements in workflow efficiency and code management.
• In November 2024, Anysphere expanded its AI capabilities by acquiring Supermaven, an AI coding assistant. This acquisition is expected to further enhance Cursor’s functionalities and solidify its position as a leader in AI-driven coding solutions.
• Anysphere’s remarkable growth trajectory is underscored by substantial funding achievements. In September 2023, the company secured $8 million in seed funding led by OpenAI’s Startup Fund.
• This was followed by a $60 million Series A funding round in August 2024, led by Andreessen Horowitz and Recently in Series B funding round in Feb 2025 it secured $100 million and becomes the Fastest growing SaaS company.
• Cursor also offered a free tier to try out the platform, besides a $20/month Pro subscription and $40/month/user for Enterprise.

Cursor faces tough competition, especially from GitHub Copilot, which earns over $300 million annually and benefits from Microsoft’s ecosystem.

Other rivals like Vercel’s v0, Bolt.new, and Windsurf offer unique strengths, with Windsurf being Cursor’s biggest threat due to its better handling of large codebases.

Additionally, Claude Code has impressed developers with its superior coding quality.

Despite infrastructure challenges, Cursor is growing fast, with strong innovation potential and deep integration advantages.

Cursor, an AI-powered IDE, is the fastest-growing SaaS platform, revolutionizing coding with AI features.

Backed by major funding, its rapid adoption and Supermaven acquisition strengthen its position in AI-driven development.