Cursor vs Mercury
Side-by-side equity comparison for employees weighing offers at Cursor or Mercury. Valuations, funding history, headcount growth, and secondary-market context.
| Cursor | Mercury | |
|---|---|---|
| Latest valuation | $2.5B | $4B |
| Latest round | Series B | Series C |
| Round date | — | June 2024 |
| Total raised | $400M | $213M |
| Founded | 2022 | 2017 |
| Headquarters | San Francisco, CA | San Francisco, CA |
| Employees | 539 | 2,814 |
| Employee YoY growth | +917% | -2% |
| Primary industry | Artificial Intelligence | Fintech |
| Secondary-market price | — | $12.24 |
| Base-case equity multiple | — | 1x |
| Upside equity multiple | — | 1x |
| Lead investors | Andreessen Horowitz, Thrive Capital | Sequoia Capital, Andreessen Horowitz |
| Status | private | private |
Overview
Cursor is an AI-powered code editor built by Anysphere that uses large language models to help developers write, edit, and understand code more efficiently with intelligent autocomplete and chat.
Mercury is a financial technology company that provides banking services tailored for startups, including checking and savings accounts, treasury management, and corporate cards.
Why we compare these
Cursor and Mercury both appear on Sara's List 2024 .
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.