In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say [TechCrunch]
Maplebear Inc. (CART)
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Source: TechCrunch
The round is being led by returning investor Thrive Capital, the person said. This new funding comes just four months after Anysphere raised its $60 million Series A at a $400 million valuation from Thrive and Andreessen Horrowitz. A16Z also participated in the latest round, but didn't co-lead it this time. Thrive declined comment and the company and a16z have not responded to our request for comment. Last month, TechCrunch reported that investors, including Index Ventures and Benchmark, were falling over themselves for a chance to back the company. But apparently, Anysphere is growing so fast, that the existing VC couldn't pass up the opportunity to double down on the bet, even if it took a staggering 6.5 times leap in valuation over a round that was completed just a few months ago. The interest in backing this company, and who would win the deal, has become widely watched by Valley insiders, and was flagged by an X account called Arfur Rock. The market for AI-powered coding
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News
- In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say [Yahoo! Finance]Yahoo! Finance
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CART
Earnings
- 11/12/24 - Beat
CART
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 144
- CART's page on the SEC website