Koala (team)
2025
Why
Hired engineers from AI CRM startup Koala to build an enterprise-readiness team.
Impact
Cursor did not adopt Koala's product, which shut down.
Anysphere Inc. (Cursor)
Acquisitions
3
Major Deals Covered
This page covers 3 major deals from 2024 to 2025, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Supermaven | 2024 | Undisclosed | AI code-completion startup founded by Jacob Jackson, bought to improve Cursor Tab. |
| Koala (team) | 2025 | Undisclosed | Hired engineers from AI CRM startup Koala to build an enterprise-readiness team. |
| Graphite | 2025 | Undisclosed | New York code-review startup, bought in a cash-and-equity deal reported to be well above its last $290 million valuation. |
2025
Hired engineers from AI CRM startup Koala to build an enterprise-readiness team.
Cursor did not adopt Koala's product, which shut down.
2025
New York code-review startup, bought in a cash-and-equity deal reported to be well above its last $290 million valuation.
Extends Cursor from writing code into reviewing and merging it.
2024
AI code-completion startup founded by Jacob Jackson, bought to improve Cursor Tab.
Team merged into Cursor; Supermaven's standalone product was wound down in late 2025.
Cursor grew bottom-up: developers adopted it on their own, then companies bought team licenses. It now focuses on enterprise sales, with business customers making up about three-quarters of revenue by mid-2026. Product expansion moved from the editor into background and cloud agents, a command-line agent, web and mobile access, Bugbot code review and the Graphite code-review platform it acquired in December 2025. It also builds its own models (Composer, Composer 2) to cut costs and reduce reliance on other labs.
Cursor makes money from subscriptions. A free Hobby tier lets developers try the editor and agent with limited usage. Paid individual plans (Pro at $20 a month, with higher-usage tiers above it) include a monthly allowance of frontier-model usage, and heavy users pay for extra usage at model API rates. Teams and Enterprise plans are billed per seat and add SSO, admin controls, usage analytics, model controls and privacy guarantees. In 2025 Cursor moved Pro from a fixed count of 500 requests to usage-based limits tied to model cost. By mid-2026 about 75% of Cursor's annualized revenue came from businesses rather than individual developers, according to the company. The main cost is model inference, paid to providers such as Anthropic, OpenAI and Google, which is why Cursor trains its own Composer and Tab models.
Supermaven (November 2024), a team from Koala (July 2025) and Graphite (agreed December 2025).
To strengthen Cursor Tab code completion. Supermaven's standalone product was later shut down.
Terms were not disclosed; reports said the cash-and-equity deal was well above Graphite's last $290 million valuation.
SpaceX, for $60 billion in stock; the deal closed on August 14, 2026.
To own a leading AI coding product and pair it with xAI's Grok models and SpaceX compute in its SpaceXAI unit.
No, they are currently a hyper-growth startup entirely focused on engineering their core product. Rather than acquiring companies, they are aggressively using their massive venture funding to secure expensive GPU compute power to keep their AI editor incredibly fast.
Compare corporate acquisition records, deal values, and strategic targets
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