Cursor AI Code Editor Reaches $1B Revenue, $29.3B Valuation

In November 2025, Cursor — an AI-powered code editor — raised $2.3 billion in Series D funding at a $29.3 billion valuation, co-led by Accel and Coatue with strategic investment from NVIDIA and Google.

The company crossed $1 billion in annualized revenue, growing from $300M ARR in April to $500M ARR in May 2025. Enterprise revenue grew 100x in 2025. Cursor has become the defining tool of the "generative coding" movement.