NRI PULSE STAFF REPORT
Silicon Valley, CA, November 29, 2025: Aman Sanger, the 25-year-old co-founder of the AI-powered coding platform Cursor, is back in the global spotlight after his company’s valuation climbed to an estimated $29.3 billion following a major funding round announced this month. The raise, reported to be about $2.3 billion, has made Sanger one of the youngest self-made billionaires in the technology industry.
Sanger co-founded Anysphere—the company that created Cursor—in 2022 with three fellow MIT graduates: Michael Truell, Sualeh Asif, and Arvid Lunnemark. The team began building Cursor out of their MIT dorm rooms, aiming to rethink how software is written in an era increasingly shaped by artificial intelligence.
Cursor uses large language models to generate, edit, and debug code from natural-language prompts, allowing developers to move faster and automate routine engineering tasks. The platform has seen rapid adoption worldwide, with industry reports suggesting it crossed $100 million in annual recurring revenue within just over a year of launch. Several outlets now estimate that the company is approaching $1 billion in annualized revenue.
The latest funding round drew investment from global heavyweights, including Nvidia, Google, Accel, and Andreessen Horowitz. Based on publicly reported shareholdings, Sanger’s roughly 4.5 percent stake places his personal net worth at more than $1.3 billion.
In recent interviews, Sanger has said that despite the soaring valuation, the company remains focused on reinvention and rapid iteration, noting that the pace of competition in AI demands constant vigilance.
With Cursor’s meteoric rise, Sanger and his co-founders—Truell, Asif, and Lunnemark—have emerged as the newest faces of Silicon Valley’s AI boom, and their next moves are being closely watched across the global tech industry.
