Cursor Stock for Accredited Investors

Enterprise Software
By UpMarket Research  |  Last updated: September 2026
CEO Michael Truell Founded 2022 HQ San Francisco, US

Cursor is the flagship product of Anysphere, a private software company that builds an AI coding agent and development environment. It helps users edit code, search codebases, run commands, and complete programming tasks with natural-language instructions. In November 2025, Cursor raised $2.3 billion in its Series D at a $29.3 billion post-money valuation, led by Accel and Coatue (CNBC and TechCrunch).

Access to pre-IPO shares is available to accredited investors through UpMarket.

Last Reported Valuation
$29.3B
Series D, 11/13/25, CNBC and TechCrunch
UpMarket Estimate
$29.9B
Based on UpMarket valuation model
Previous Round Valuation
$9.9B
Series C, Jun 2025

How to Invest in Cursor Through UpMarket

Cursor shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.

Step 01

Verify accredited investor status

Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.

Step 02

Create an UpMarket account

Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.

Step 03

Review available Cursor offerings

Full offering memoranda and risk disclosures provided before any commitment is required.

Step 04

Complete subscription documents

Review and sign subscription agreement. All documents handled digitally through the platform.

Step 05

Fund your investment

Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

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Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundAmount raisedValuation
Nov 2025 Series D $2.3B $29.3B
Jun 2025 Series C $9.9B

Cursor's most recent reported round is its Series D, announced November 13, 2025. It raised $2.3 billion at a reported post-money valuation of $29.3 billion, led by Accel and Coatue. Source: CNBC and TechCrunch. Data as of September 27, 2026.

Cursor Revenue and Growth

Annual revenue

Why Investors Are Watching Cursor

Growth Signal

Cursor reached $500M ARR in under 2.5 years

By December 2025, Cursor had over 1 million daily active users and annual recurring revenue of $500 million. Contrary Research says the company reached that scale in roughly two and a half years after launch, showing unusually fast adoption.

Competitive Moat

Cursor bundles AI agents into VS Code workflow

Cursor is built as a customized fork of VS Code with Agent Mode, Codebase Chat, and support for leading LLMs. a16z says it integrates directly into the coding workflow, creating switching friction beyond a standalone chatbot.

Market Opportunity

SpaceX rights imply a $60B upside anchor

In April 2026, SpaceX obtained the right to buy Cursor for $60 billion later in the year, or pay $10 billion for the companies' work together. That headline implies a much larger market value than Cursor's $29.3 billion valuation in late 2025.

Interested in Cursor stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.

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Cursor Leadership Team

Michael Truell
CEO

UpMarket Investment Curation Process

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Cursor Stock FAQ

No. As of March 2026, Cursor is a private company and does not trade on any public stock exchange. Accredited investors can access Cursor shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.

Cursor does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.

Yes. Accredited investors can indicate interest in Cursor shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.

Pre-IPO investments carry significant risks. Cursor shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.

The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.

UpMarket's valuation estimate of $29.9B is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.

Cursor was valued at $29.3B in its November 2025 Series D. Accredited investors can request Cursor access through UpMarket.

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