AI coding is still exploding, while Cursor, Windsurf, Bolt.new and Lovable are experiencing an immense growth in ARR and valuation.
Cursor ARR at $150M
After hitting $100M ARR in 21 months and being valuated at $2.5B, Cursor is now in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, its ARR may have already climbed to $150 million.
Bolt.new ARR at ~$40M in 5 months
After $20M ARR in just 2 months, Bolt.new hit nearly $40M ARR in 2 months. It has raised $105M at nearly $1B.
Windsurf ARR at $40M
It is in talks with a new fundraising at $3B valuation.
Lovable ARR hit $17M in 3 months
It has an 85% Day 30 retention- better than ChatGPT;
$2.1M ARR added every week;
30,000 new apps built every single day;
Adding 1,500 customers per day.
And Manus, hailed as the world's first general-purpose AI Agent, has rapidly transformed the AI landscape since its debut, while OpenAI has recently unveiled its agent tools.
My source told me that Tencent has already backed Monica’s newest fundraising. Monica is the developer of Manus.
Yesterday, Manus announced that they hit 2 million people on the waitlist in only 7 days.
The Evolution of Manus: How an "AI Wrapper" Team Redefined AI Agents
From Monica to Manus: A Pivot to Higher Ambitions
In 2023, co-founder and CEO Xiao Hong’s startup "Butterfly Effect" launched Monica.im, a browser-based AI assistant that became one of the fastest-growing AI tools during China’s "100 Models War."
Designed as a memory-enabled productivity copilot, Monica thrived by integrating chat, search, writing, and translation into a seamless experience. Despite its success, Xiao’s team faced skepticism: Could Monica scale beyond its initial traction?