Hixfield Reaches $1 Billion ARR in 18 Months, Surpassing Cursor
Alex Mashrabov, co-founder of Hixfield, revealed that the company achieved $1 billion in annual recurring revenue in just 18 months, a faster pace than Cursor. The company, with 300 employees originating from Kazakhstan, is rumored to be raising at an $8 billion valuation.
personAlex MashrabovcompanyHixfieldcompanyCursor
The tape
4 quotes
“Actually, it took us 18 months from 1 million to 1 billion.”
Alex Mashrabov
“For Cursor, it took 24 months.”
Alex Mashrabov
“The company has just hit a billion dollars in revenue. It is the fastest growing company in consumer land to hit this milestone. It even surpassed Cursor.”
Alex Mashrabov
“This company is built with 300 people out of Kazakhstan.”
Alex Mashrabov
Heard on The Twenty Minute VC (20VC) — “20VC: $1BN ARR in 18 Months; The Untold Story of Higgsfield | Spending $4M Per Month on Models | Why Moats in AI are BS | Scaling a Content Team to 150 People with Alex Mashrabov”, published Monday, September 28, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.