The acquisition comes as Anysphere receives unsolicited offers valuing the company at up to $2.5 billion from firms such as Benchmark, Index Ventures, and Andreessen Horowitz. The market for AI coding tools is projected to be worth $27.17 billion by 2032, according to Polaris Research. Cursor, Anysphere's core product, has become a popular option in the AI-powered coding assistance startup space, with its revenue reportedly reaching $4 million a month.
Key takeaways:
- Anysphere, the company behind Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum.
- Supermaven’s plugins will remain maintained, but Cursor will become the team’s core focus.
- Supermaven was founded by Jacob Jackson, who previously co-founded Tabnine, the AI coding assistant. Supermaven managed to raise $12 million from investors including Bessemer Venture Partners, OpenAI co-founder John Schulman, and Perplexity co-founder Denis Yarats.
- Anysphere has received unsolicited offers valuing the company at as much as $2.5 billion from Benchmark, Index Ventures, Andreessen Horowitz, and others.