The problem
Code review and merging have become the bottleneck now that AI writes code faster than teams can review it
What they do
AI code review, stacked pull requests and merge queue on top of GitHub
Traction Revenue grew 20x in 2024; 500+ companies incl. Shopify, Snowflake, Figma; ~$5M est. ARR
Hiring trend
- Open roles
- 4
- Headcount
- ~70
Shrinking: team -22.5% to -27.5% YoY (~66-79 staff); 7 open roles, all engineering
Hiring in
- New York
- San Francisco
Latest news
Jul 2026
Acquired by Cursor (deal announced Dec 2025); co-founder/CEO Merrill Lutsky left Cursor Jul 2026 ↗Funding
- Last round
- $52M
- Stage
- Acquired (Cursor), post-Series B
- Date
- Mar 2025
Led by Accel
- Hiring+14 open roles on the live job board (3–9 roles = +1)
- Funding recency+0.5Acquired (Cursor), post-Series B · $52M, Mar 2025 (19 months ago): 12–24 months = +0.5
- Traction+0.75Some growth: Revenue grew 20x in 2024; 500+ companies incl. Shopify, Snowflake, Figma; ~$5M est. ARR
- Red flags−22 significant flags in the last 24 months, −1 eachHeadcount down ~22-28% YoY; co-founder/CEO Merrill Lutsky stepped away from Cursor in Jul 2026, seven months after the acquisitionDealroom: team -22.5% over past year ↗ · LinkedIn company page: 66 staff, -27.5% YoY ↗ · RuntimeWire, Jul 2026: Merrill Lutsky leaves Cursor ↗ · Merrill Lutsky on X, Jul 24 2026 ↗
- Total0.251 + 0.5 + 0.75 − 2 = 0.25 → Cool-down
Cool-down rule: score under 1.5 and headcount is shrinking or there were layoffs.
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
Stacked-PR leader, but AI code review is crowded and it now overlaps Cursor's own Bugbot and Origin.
Sources: Cursor blog: Graphite is joining Cursor (Dec 2025) ↗ · Learn Cursor: Graphite reviewer to merge with Bugbot; Origin overlap ↗ · Tech in Asia: rivals GitHub Copilot, CodeRabbit ↗
Watch-outs
Headcount down ~22-28% YoY; co-founder/CEO Merrill Lutsky stepped away from Cursor in Jul 2026, seven months after the acquisition
Sources: Dealroom: team -22.5% over past year ↗ · LinkedIn company page: 66 staff, -27.5% YoY ↗ · RuntimeWire, Jul 2026: Merrill Lutsky leaves Cursor ↗ · Merrill Lutsky on X, Jul 24 2026 ↗
Open ops roles
No ops roles open right now
Last checked Oct 25, 2026