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L0 · LabsAdopting verticalSan Francisco, CA

Cursor (Anysphere)

AI coding IDE that became fastest-growing app to $500M ARR

Anysphere's Cursor reached a reported ~$500M+ ARR in 2025, among the fastest software companies ever to that milestone, and raised at a ~$10B+ valuation. It demonstrated that a thin application on top of frontier models could capture enormous revenue and consume huge inference volumes. Coding is the first vertical where AI reached durable product-market fit and pricing power.

ARR

~$500M+ (2025)

How it fits the stack

Cursor (Anysphere) with what it depends on (above) and what it feeds (below). The figure renders as a crawlable diagram and upgrades to an interactive 3D graph as it scrolls into view.

depends onusesdepends onusesCursor (Anysphere)LabsAnthropicClaude (Opus / Sonnet)Inference economics /token deflationModel Context Protocol(MCP)
Cursor (Anysphere)Depends on ↑

Cursor (Anysphere) in the AI stack. Cursor (Anysphere) with its immediate upstream dependencies (top) and downstream dependents (bottom) in the AI value chain. Hover a node in 3D, or read the full relationships below.

Graph data (text) — 5 entities, 4 relationships
  • Cursor (Anysphere)depends onAnthropic
  • Cursor (Anysphere)usesClaude (Opus / Sonnet)
  • Cursor (Anysphere)depends onInference economics / token deflation
  • Cursor (Anysphere)usesModel Context Protocol (MCP)