Graphite (acq. by Cursor)

graphite.com →

-37%

est. 2Y upside i

DevOps & InfraSeries B

Graphite is modern code review for fast-moving teams - we help engineers write and review better pull requests, stay unblocked, and ship faster.Graphite was acquired by Cursor on December 19, 2025.

Rank

#3062

Sector

Developer Tools

Est. Liquidity

~3Y

Data Quality

Data: Low

Graphite's equity analysis is highly uncertain due to missing revenue data and the recent acquisition by Cursor ($290M total funding).

Last updated: July 21, 2026

Bull (10%)-12%

AI-powered code review demand accelerates; Cursor integration drives revenue sync. Exit multiple holds at 10x, implying exit value ~$256M, but below entry valuation.

Base (45%)-38%

Revenue grows moderately to ~$25.6M; exit multiple converges to public comp average of 7x, yielding ~$179M exit. Preference overhang dilutes common stock.

Bear (45%)-100%

Incumbent grip tightens, revenue disappoints; exit multiple compresses to 3x, exit ~$76.7M below total funding. Common stock recovers nothing.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

2790%

Total funding $81M represents 28% of $290M valuation; any exit below $81M wipes out common stock.

Dilution Risk

moderate

Recent Series B (March 2025) provides ~2 years runway; no near-term raise expected if revenue grows, but option pool may be refreshed.

Secondary Liquidity

none

No secondary market data; acquisition likely restricts transfers until Cursor exit event.

View all 3 open roles at Graphite (acq. by Cursor) →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Graphite (acq. by Cursor)'s data — designed to show you've done your homework.

  • 1

    “How will Graphite's roadmap integrate with Cursor's existing tools to drive revenue synergies?”

  • 2

    “What are the key unit economics (ARPU, churn) and how does AI feature adoption affect them?”

  • 3

    “What is the expected liquidity timeline for Cursor equity options or RSUs?”

Community

Valuation Sentiment

Our model estimates -37% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.