Anysphere, the corporate behind AI-powered code editor Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum.
Michael Truell, CEO of Anysphere, announced the deal in a post on Cursor's blog. Supermaven, he said, will enable Anysphere to launch a new edition of its Tab AI model that’s “fast, context-aware and very smart,” particularly in long code sequences.
Supermaven's plugins will remain, Truell said, although Cursor will likely be the team's primary focus.
“This is just about according to Supermaven's previous plan: the team had shifted focus to an editor because extension APIs were blocking the following useful things they wanted to construct,” Truell wrote in his post. “Why join forces? We still have loads of work to do and it looks like we will develop a more useful product more quickly together.”
Superrmaven was founded by Jacob Jackson, who previously co-founded Tabnine, the AI coding assistant. After selling Tabnine to Codata in 2019, Jackson joined OpenAI as an intern, where he worked until 2022.
Supermaven is an AI coding platform along the lines of Tabnine, but with a couple of quality of life and technical upgrades. Its in-house generative AI model, Babble, can understand loads of code directly and has extremely low latency due to a custom architecture.
As of September, greater than 35,000 developers had signed up for Supermaven. And Supermaven managed to boost $12 million from investors including Bessemer Venture Partners, OpenAI co-founder John Schulman and Perplexity co-founder Denis Yarats.
Supermaven, which launched in February, had no plans to exit. But the timing felt right, Jackson says.
“As Supermaven matured, we realized that the following step for the product was not only smarter models, but models with latest features designed alongside the user interface to access those features,” he wrote in a post Supermaven Blog. “At first we worked on developing our own editor, but we were also in touch with the Cursor team, and as I got to know them higher, I felt that together we could develop a rather more useful product than Supermaven could develop alone could.”
As a part of Cursor, the Supermaven team could have the power to design the editor UI together with the models, Jackson added.
The acquisition comes as Anysphere receives unsolicited offers valuing the corporate at as much as $2.5 billion from Benchmark, Index Ventures, Andreessen Horowitz and others, TechCrunch exclusively reported. Interest in the corporate, co-founded in 2022 by Truell, Sualeh Asif, Arvid Lunnemark and Aman Sanger, has exploded in recent weeks.
The marketplace for AI coding tools is large and growing, in accordance with Polaris Research project that it’ll be price $27.17 billion by 2032 overwhelming majority of respondents to GitHub's latest developer survey say they’ve adopted AI tools in some form, and over 1.8 million people – and about 50,000 firms – pay for GitHub Copilot.
There isn’t any shortage of AI-powered coding support startups – see Augment, CodeiumMagic and pool. But Cursor has develop into probably the most popular options. According to sources at TechCrunch, revenue has increased to $4 million per thirty days.
