Cursor at $200M ARR
Jan-Erik Asplund
TL;DR: All the AI-native dev tools players—Cursor, Devin, Windsurf, Anthropic—are converging on a unified vision of human vibe coding augmented by multiple, parallel agents. Sacra estimates that Cursor hit $200M ARR in March 2025, up from $100M at the end of 2024. For more, check out our full report and dataset on Cursor.
We first covered Cursor at $65M ARR in November 2024 when it had just become the #2 AI coding tool by revenue behind just GitHub Copilot at $400M ARR.
We followed up on Cursor at $100M ARR in February 2025, growing 9,900% year-over-year, when it had established itself as the fastest-growing SaaS company of all time by going from $1M to $100M ARR in just 12 months.
Here's our Cursor update with key points via Sacra AI:
- Sacra estimates that Cursor doubled its ARR from $100M to $200M in just three months, maintaining its hypergrowth with a 100% quarter-over-quarter growth rate and widening its lead over competitors like Bolt.new ($40M ARR), Vercel's v0 ($36M ARR), and Lovable ($17M ARR) to solidify its position as the dominant player in the AI-powered development ecosystem with approximately 720,000 paying users at an average revenue per user of $277.
- By making Agent Mode the default interface, adding the ability to run multiple parallel agents, and layering in autonomous terminal access and web search, Cursor is accelerating its shift from an AI-augmented IDE to a semi-autonomous agentic environment—positioning itself at the center of the convergence between Copilot-style assistants and full-on coding agents as Devin shifts towards AI-native IDE territory.
- While Cursor initially avoided enterprise sales, they’re now building out a team—after hiring their first salesperson in late 2024, they’re at 7 reps as of April 2025—as they look to go upmarket and compete there with Windsurf, which scaled its GTM team from 3 to 75 people between February 2024 and April 2025, as every AI-native IDE looks to shift revenue mix from individual developer subscriptions to yearly contracts.
For more, check out this other research from our platform:
- Cursor (dataset)
- Cursor at $100M ARR
- Lovable vs Bolt.new vs Cursor
- Cursor at $65M ARR
- Claude Code vs. Cursor
- Cursor for non-developers
- Vibe coding index
- Lovable (dataset)
- Bolt.new (dataset)
- Anthropic (dataset)
- OpenAI (dataset)
- Scale (dataset)
- Edo Liberty, founder and CEO of Pinecone, on the companies indexed on OpenAI
- Will Bryk, CEO of Exa, on building search for AI agents
- AI talking heads growing 1024%
- Kyle Corbitt, CEO of OpenPipe, on the future of fine-tuning LLMs
