Cursor, Inc.
To accelerate global productivity by making coding the single biggest driver of progress and to equip engineering teams with the best AI-powered tools for crafting software. Cursor is building an AI-native code editor that automates software engineering.
Founding Story
The company was incorporated in 2022 by four MIT students: Michael Truell, Sualeh Asif, Aman Sanger, and Arvid Lunnemark. They met at MIT where they were obsessed with AI and spent hours debating its future. They started with a vision to create a code editor that eliminates bugs and allows developers to generate large PRs from minimal pseudo code, aiming to make source code 'melt away.' The team graduated from OpenAI's accelerator program in 2023 and launched Cursor in March 2023. They chose to incorporate as Anysphere, Inc. using Stripe Atlas.
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Leadership
Founders
Michael Truell
MIT graduate (2022), Co-founder and CEO of Anysphere/Cursor. Met future co-founders at MIT where they were obsessed with AI and debated its future.
Sualeh Asif
MIT graduate (2022), Co-founder and CPO (Chief Product Officer) of Anysphere/Cursor.
Aman Sanger
MIT graduate (2022), Co-founder and COO (Chief Operating Officer) of Anysphere/Cursor. Grew up in New York.
Arvid Lunnemark
MIT graduate (2022), Co-founder and former CTO of Anysphere/Cursor. Grew up in Sweden, won silver medal at International Olympiad in Informatics (IOI) in 2017 and gold medal in 2018. Left the company in October 2025 to found Integrous Research.
Executive Team
Michael Truell
CEO and Co-founder
MIT graduate (2022), leads the company's vision for automating software engineering
Sualeh Asif
CPO (Chief Product Officer) and Co-founder
MIT graduate (2022), leads product development
Business Model
Revenue Model
Subscription-based SaaS model with tiered pricing for individuals and teams. Revenue from API usage, monthly/annual subscriptions, and enterprise contracts. Individual plans range from free to $200/month, business plans from $40/user/month to custom enterprise pricing.
Pricing Tiers
No credit card required, limited Agent requests, limited Tab completions
Extended limits on Agent, unlimited Tab completions, background agents, maximum context windows
3x usage on all OpenAI, Claude, Gemini models compared to Pro
20x usage on all OpenAI, Claude, Gemini models, priority access to new features
Shared chats/commands/rules, centralized billing, usage analytics, privacy mode controls, RBAC, SAML/OIDC SSO
Pooled usage, invoice/PO billing, SCIM seat management, AI code tracking API, audit logs, granular controls, priority support
Target Markets
- Individual developers and programmers
- Enterprise engineering teams
- Fortune 500 companies
- Technology companies
- Startups
- Research labs
- Writing bug-free code
- AI-powered code completion and autocomplete
- Getting instant answers to codebase questions
- Generating large PRs from minimal pseudo code
- Code review and debugging
- Analyzing Tab vs Agent usage patterns
- Stripe
- Brex
- OpenAI
- Sentry
History & Milestones
Partnership with EPAM officially launched to scale AI-native teams for global enterprises
Surpassed $100 million ARR milestone - fastest SaaS company to reach this milestone from $1M ARR
Featured in Forbes AI 50 list
Raised $900 million Series C at $9.9 billion valuation, exceeded $500 million ARR, used by over half of Fortune 500
Bugbot code review agent officially launched out of beta
2 AI Tools by Cursor, Inc.
Curated directory of MCP servers with one-click installation and OAuth authentication built into Cursor.
Cursor
8moAI-powered code editor that helps developers write, understand, and debug code more efficiently.
