SAN FRANCISCO, Feb. 11 — Anysphere, the four-year-old startup behind the Cursor code editor, said Tuesday it has crossed 1 million paid subscribers and is operating at an annualized revenue run rate above $480 million, a milestone that underscores how rapidly AI-native coding tools have displaced the editor market once dominated by Microsoft’s Visual Studio Code.
The figure, which the company disclosed in a brief blog post and confirmed in response to questions from Consumer Tech Wire, makes Cursor one of the fastest companies in software history to reach the 1-million-paid-subscriber threshold. Anysphere did not disclose total monthly active users.
“We are at the early end of a multi-year editor migration,” said Aravind Patel-Wong, Anysphere’s chief executive, in an interview. “What is unusual about this cycle is not that a new editor has won developer share — that has happened roughly every decade since the 1980s — but the speed. We did not expect to be at this number this quickly.”
What is changing in the editor market
Cursor is built on a fork of Microsoft’s open-source Visual Studio Code, and its central proposition is the integration of large-language-model coding agents directly into the editor surface. The company’s flagship feature, an autonomous “Composer” mode, lets a developer issue a natural-language instruction and have the editor plan and execute multi-file edits across a codebase, run tests, and present a diff for review.
Microsoft’s GitHub Copilot, the incumbent in the AI-coding category, has continued to gain users — GitHub said in November that Copilot has more than 5 million paid subscribers — but is positioned as a feature inside an existing editor rather than a replacement for one. JetBrains, the second-largest commercial editor vendor by revenue, shipped its own AI Assistant in 2024 and an autonomous Junie agent in 2025.
Cursor’s pricing remains $20 per month for the Pro tier, $40 per month for Business, with an Enterprise tier negotiated by seat. Anysphere said roughly 19 percent of paid users are on the Business tier and the company has more than 600 enterprise customers.
Funding context
Anysphere closed a $900 million Series C in October 2025 at a reported $9.6 billion valuation, led by Thrive Capital with participation from Andreessen Horowitz and the venture arm of Nvidia. The company has been profitable on a contribution-margin basis since mid-2025, Patel-Wong said, but is reinvesting aggressively in inference infrastructure and a research team focused on training Cursor-specific coding models.
“The interesting question is not whether Cursor or Copilot wins on subscribers — both will keep growing — but whether the editor itself remains the center of gravity for the developer,” said Karina Falconetti-Brand, an analyst at the developer-tools research firm Redpoint. “What Anysphere has built is the most coherent answer to date to that question on the agent side. Microsoft has more distribution. The next twelve months will tell.”
Anysphere said it is hiring across model research, infrastructure, and product engineering, and will host its first developer conference in San Francisco in June.
Asari Whitfield-Asari covers AI tools and developer infrastructure for Consumer Tech Wire.