Anysphere Inc. (Cursor)
Company History
Cursor History: Founding, Growth & Key Milestones
Founded 2022 in San Francisco, California
When was Cursor founded?
Cursor was founded in 2022 in San Francisco, California by Michael Truell, Sualeh Asif, Aman Sanger and Arvid Lunnemark, making it 4 years old.
- Founded
- 2022
- Founding place
- San Francisco, California
- Founders
- Michael Truell, Sualeh Asif, Aman Sanger and Arvid Lunnemark
- Headquarters today
- San Francisco, California, United States
- Milestones documented
- 9 (2022–2026)
- Current CEO
- Michael Truell
- Acquisitions
- 3
| Year | Event |
|---|---|
| 2022 | Company founded |
| 2023 | Seed round |
| 2024 | Series A and Supermaven deal |
| 2025 | Series C at $9.9 billion |
| 2025 | Cursor 2.0 and Composer |
| 2025 | Series D at $29.3 billion |
| 2025 | Acquired Koala (team) |
| 2026 | Composer 2 launch |
| 2026 | SpaceX option and purchase |
- Where was Cursor founded?
- Cursor was founded in San Francisco, California in 2022.
- Who founded Cursor?
- Cursor was founded by Michael Truell, Sualeh Asif, Aman Sanger and Arvid Lunnemark.
- When did Cursor start?
- Cursor was founded in 2022.
- How old is Cursor?
- Cursor is 4 years old as of 2026.
Founding Story
Truell, Asif, Sanger and Lunnemark met at MIT and started Anysphere in 2022 while still students. Early experiments with large language models convinced them coding would be the first big professional use case, and that an AI tool needed to control the editor rather than sit inside it as an extension. They forked VS Code so developers could keep their extensions and settings, and in October 2023 announced an $8 million seed round led by the OpenAI Startup Fund, with angels including former GitHub CEO Nat Friedman and Dropbox co-founder Arash Ferdowsi.
Founders
Michael Truell
Michael Truell is co-founder and CEO of Anysphere (Cursor). He co-founded the company in 2022 as an MIT student and led it through funding rounds at $400 million, $9.9 billion and $29.3 billion valuations, the growth of annualized revenue past $4 billion, and the $60 billion sale to SpaceX in 2026. He remained CEO after the deal closed. Press reports described him as 25 years old at the time of the acquisition and noted that he used Cursor's developer community as a hiring pipeline. (Exact birth year remains publicly undisclosed).
Sualeh Asif
Sualeh Asif co-founded Anysphere (Cursor) in 2022 alongside his MIT peers. Recognizing the limitations of GitHub Copilot's autocomplete, he helped build a fork of VS Code deeply integrated with LLMs, allowing developers to generate and edit code across entire codebases seamlessly. (Exact birth year remains publicly undisclosed).
Aman Sanger
Aman Sanger is a co-founder of Anysphere who works on Cursor's models and research. In March 2026 he publicly acknowledged that not mentioning the Kimi base model in the Composer 2 launch post was a miss. (Exact birth year remains publicly undisclosed).
Arvid Lunnemark
Arvid Lunnemark co-founded Anysphere in 2022. As a technical co-founder, he engineered the complex backend infrastructure required to securely and rapidly parse massive user codebases for Cursor's context-aware AI models. (Exact birth year remains publicly undisclosed).
Key Milestones
Seed round
$8 million seed led by the OpenAI Startup Fund announced in October.
Source: techcrunch.comSeries A and Supermaven deal
$60 million Series A at a $400 million valuation; Supermaven acquired in November.
Source: en.wikipedia.orgSeries C at $9.9 billion
$900 million round led by Thrive Capital in June as ARR passes $500 million.
Source: techcrunch.comCursor 2.0 and Composer
October release adds Cursor's own Composer model and parallel agents; co-founder Arvid Lunnemark departs.
Source: en.wikipedia.orgSeries D at $29.3 billion
$2.3 billion round co-led by Accel and Coatue with Google and Nvidia participating; ARR above $1 billion. Graphite acquisition agreed in December.
Source: en.wikipedia.orgComposer 2 launch
March release built on Moonshot AI's Kimi K2.5 open-weight model.
Source: en.wikipedia.orgSpaceX option and purchase
April 21 option deal; June 16 exercise; August 14 close at $60 billion in SpaceX stock.
Source: cnbc.comMajor Acquisitions
Supermaven
2024AI code-completion startup founded by Jacob Jackson, bought to improve Cursor Tab.
Koala (team)
2025Hired engineers from AI CRM startup Koala to build an enterprise-readiness team.
Graphite
2025New York code-review startup, bought in a cash-and-equity deal reported to be well above its last $290 million valuation.
Keep researching Cursor
Cursor Company History FAQ
When was Cursor founded?
Anysphere, the company behind Cursor, was founded in 2022 by four MIT students.
When did Cursor raise its first funding?
In October 2023 Anysphere announced an $8 million seed round led by the OpenAI Startup Fund.
When did Cursor reach $1 billion in annualized revenue?
Cursor passed $1 billion in annualized revenue around November 2025, after reaching $100 million in January 2025 and $500 million by June 2025.
What was Cursor 2.0?
Released in October 2025, Cursor 2.0 introduced Cursor's own Composer model and the ability to run multiple agents in parallel.
When did SpaceX buy Cursor?
SpaceX got an option to buy Cursor in April 2026, exercised it on June 16, 2026, and closed the $60 billion all-stock deal on August 14, 2026.
How did Cursor start?
Cursor (developed by the startup Anysphere) was founded in 2022 by Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger while they were students at MIT. They realized that bolting AI plugins onto legacy code editors was too slow, so they built a completely new editor from the ground up.
Related Strategic History
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