Anysphere shipped a new Cursor tier on Tuesday called Background Agents, priced at $200 per seat per month, and the writeup buried the actual news four paragraphs in. The pricing tier itself is interesting because it is a 10x jump from the $20 Cursor Pro plan that a lot of Cursor’s early individual users still pay for. It is intended for engineering organizations, not individuals, and the pitch is that the agent runs on Anysphere-owned compute and does the work when the developer is not at the keyboard, capped at 40 concurrent agents per org at launch.
The actual mechanism is a planner-executor loop against a customer’s repo. The developer files a ticket in whatever their normal system is, tags it for Cursor Background, and an agent picks it up, reads the repo, drafts a plan, executes the plan across multiple files, runs the test suite, iterates if tests fail, and opens a pull request when it is done or when it gets stuck. Nothing about that flow is architecturally novel. Cognition’s Devin has been doing that flow for over two years. Replit’s Agent has been doing it for eighteen months. What is different is Anysphere has 20-plus million developers with an already-open editor pointed at exactly the codebases those agents need to work on, and now it is charging enterprise customers ten times what they paid last week for the version that runs while they are at lunch.
The buried news is in the same post. Truell disclosed, in a single sentence about company scale, that Anysphere is now running at $3 billion in annualized recurring revenue. In April 2025, that number was $500 million. In November 2024, it was $65 million. That trajectory is not a normal SaaS trajectory. It is the fastest ARR ramp in the history of the software industry, and the previous record holder was, depending on which analyst is counting, either OpenAI itself or Deel. Anysphere just took the crown from an AI lab and a payroll company simultaneously.
The reason it is worth spending a sentence on the number: every other coding-agent company right now is fighting the same rollout cycle, the same procurement gate, the same enterprise security review, and largely the same buyer. Cognition has raised at $9.8 billion on Devin. Codeium has been folded into a broader Anthropic-adjacent enterprise story. Replit has pivoted hard to the education market. GitHub Copilot is being aggressively repackaged inside the Microsoft Frontier Company org. All four are chasing the same seats Anysphere is now capturing at 5x the price with an already-open editor. The market is not big enough for all of them to grow into this multiple. Anysphere just made the argument that at least one of them will not.