Decart Raises $32M at Over $500M Valuation, Cursor Secures $100M at $2.5B Valuation in Four Months

Decart, an AI startup focused on helping organizations train AI models at scale, has successfully raised $32 million in a Series A funding round, achieving a valuation exceeding $500 million. This follows a $21 million seed round completed in October 2024. The funding round marks a rapid ascent for Decart, which emerged from stealth mode just two months prior. In a related development, AI coding assistant Cursor has also made headlines by securing $100 million in funding, bringing its valuation to $2.5 billion within just four months of its inception. This round was led by Thrive.