Cursor
Facts
- HQ
- United States
- Sectors
- Software Development
- Founded
- 2023
- Employees
- 777
- Stage
- former-startup
Lovable says annualized revenue topped $600M on Sept. 24 as platform reaches ~900M monthly visits
Lovable, a Stockholm AI app-builder founded in November 2023, announced its annualized revenue surpassed $600 million (up from $500M in June) and its platform now drives roughly 900 million monthly visits as it competes with Cursor and Replit.
AgentMail raises $6M seed to provide inbox-first APIs for AI agents as email reply handling becomes a new product category
Sending email from AI agents is easy, but providing durable inboxes, threading, and reply-handling is the emerging product category; AgentMail exemplifies this with a seed-funded inbox-first API and features for multi-tenant agent inboxes. Established transactional providers (Postmark, Resend, Mailgun, SendGrid, Amazon SES, Mailtrap) remain strong for send-only use cases, while inbound and thread management distinguish newer entrants.
Flapping Airplanes in talks to raise hundreds of millions at $5 billion valuation to reduce AI data needs
Research-focused startup Flapping Airplanes is in talks to raise hundreds of millions at a $5 billion valuation to develop methods that train AI with far less data, with Index Ventures and Lux Capital leading and Kleiner Perkins participating.
Base44 Creates Custom AI Model Base1 to Combat Generic Designs After Wix's $80M Acquisition
Base44 CEO Maor Shlomo built a custom AI model, Base1, to avoid the generic, repetitive designs produced by common AI tools like GPT and Claude, aiming to enhance unique UI/UX in AI-generated apps. Backed by Wix's $80 million acquisition and with over $150 million ARR, Base44 focuses on design differentiation as the next key competitive factor in app development.
Wix-Owned Base44 Launches Proprietary AI Model Base 1 to Cut Costs at $150M ARR
Base44, acquired by Wix for $80 million in 2025, launched its proprietary AI model Base 1 on June 29, aiming to reduce costly third-party AI inference expenses and improve margins. With $150 million in ARR, this move signals a strategic shift to owning its model stack amid rising competition in the vibe coding market.
Former GitHub CEO Thomas Dohmke Raises $60M Seed for Entire, a $300M-Valued AI Developer Platform
Thomas Dohmke, former GitHub CEO, launched Entire, a developer platform aimed at AI coding agents, backed by a historic $60 million seed round valuing the company at $300 million. Entire’s first open-source tool, Checkpoints, helps teams audit AI-generated code, supporting AI agents like Anthropic's Claude Code and Google's Gemini CLI.
How — and What — to Build in the Age of OpenAI
Where is OpenAI going, and what does it mean for the broader AI and tech ecosystem? Madrona Partner Vivek Ramaswami sits down with Jason Kwon, Chief Strategy Officer at OpenAI, for a rare behind-the-scenes look at the decisions shaping one of the most influential AI companies in the world. In this live conversation from the 2025 IA Summit, Jason shares what OpenAI will build, what it won't, and how founders can use that as a roadmap to go big without going head-to-head. They unpack OpenAI's ecosystem-first mindset, what "full-stack AI" really means, and how the rise of agentic AI is…
Madrona Announces 2026 Intelligent Applications 40 as AI Market Shifts to Enterprise ROI; Cites Cursor $60B, Wiz $32B, OpenRouter ~$7B, Hugging Face $12.9B
Madrona released its 6th annual Intelligent Applications 40 list highlighting a shift from AI experimentation to enterprise-ready products that deliver measurable ROI, noting recent big acquisitions (SpaceX–Cursor $60B, Google–Wiz $32B, OpenRouter ~$7B, Nvidia–HuggingFace $12.9B). The list emphasizes value creation in harnesses and aggregation layers—agentic systems, routing, hosting, and inference services—rather than models alone.
DataRobot buys Seattle ML startup Algorithmia and raises $300M Series G at $6.3B valuation
Boston-based DataRobot acquired Seattle startup Algorithmia and announced a $300 million Series G at a $6.3 billion valuation; Algorithmia CEO Diego Oppenheimer will remain at DataRobot after the deal. Algorithmia, founded in 2013, had raised $37.9 million, served over 130,000 users, and employed 58 people.
