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Cursor’s Valuation Triples as Code-Gen AI Firm Raises Landmark Series D Funding
Cursor raised $2.
Cursor, a rapidly expanding code-generation AI startup, nearly tripled its valuation to $29.3 billion after securing $2.3 billion in a Series D round led by Coatue. The capital infusion reflects strong enterprise adoption of automated development tools and demand for AI-assisted coding systems. The company plans to deepen research capabilities, broaden platform integrations, and strengthen support for large developer teams.
Analysts said the round signals accelerating competition within AI-developer tooling as organizations prioritize productivity and workflow automation.