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Anthropic Revenue, Valuation, Funding & Investors
Anthropic is valued at $965B as of May 2026, a 20.5x revenue multiple. Anthropic revenue was $47B, as disclosed with its latest round.
Last Anthropic valuation
$965B
Series H · May 2026
Last Anthropic funding round
$65B
Series H · May 2026
Anthropic revenue
$47B
Series H · May 2026
Key investors in Anthropic
Alphabet
General Catalyst
Lightspeed Venture Partners
Menlo Ventures
Fidelity
D1 Capital Partners
About Anthropic
Anthropic is an AI safety company developing large language models and researching methods to make artificial intelligence more reliable and steerable. Anthropic was founded in 2021 by former OpenAI researchers including Dario and Daniela Amodei. The company's flagship product is Claude, a family of AI assistants deployed across consumer applications and enterprise APIs. Research priorities center on constitutional AI, mechanistic interpretability, and alignment techniques. Major investors include Google, Spark Capital, and Salesforce Ventures.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Subscription, Usage-based
Revenue
$47B (May 2026)
Valuation
$965B (May 2026)
Anthropic Valuation
Anthropic is currently valued at $965B, based on its Series H in May 2026. Read the announcement ↗
The $65B round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with participation from Temasek, General Catalyst, Fidelity, Blackstone, T. Rowe Price and 3 other investors.
Anthropic's valuation has grown 1,549x from $623M at its Series A in May 2021 to $965B in May 2026, across 14 priced rounds.
Anthropic valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2026 | Series H | $965B | 20.5x |
| Apr 2026 | Strategic investment | $350B | 11.7x |
| Apr 2026 | Strategic investment | $350B | 11.7x |
| Feb 2026 | Series G | $380B | 27.1x |
| Nov 2025 | Strategic investment | $350B | - |
| Sep 2025 | Series F | $183B | 36.6x |
| Mar 2025 | Series E | $62B | 47.3x |
| Nov 2024 | Strategic investment | $18B | - |
| Jan 2024 | Series D | $18B | - |
| Aug 2023 | Strategic investment | $5B | - |
| May 2023 | Series C | $4B | - |
| Feb 2023 | Strategic investment | $4.1B | - |
| Apr 2022 | Series B | $2.5B | - |
| May 2021 | Series A | $623M | - |
Anthropic Revenue
Anthropic's latest recorded revenue is $47B, as of its Series H in May 2026. At a $965B valuation, that implies a 20.5x revenue multiple.
Revenue grew from $1.3B in March 2025 to $47B in May 2026, while the revenue multiple moved from 47.3x to 20.5x.
Anthropic revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2026 | $47B | $965B | 20.5x | Series H |
| Apr 2026 | $30B | $350B | 11.7x | Strategic investment |
| Apr 2026 | $30B | $350B | 11.7x | Strategic investment |
| Feb 2026 | $14B | $380B | 27.1x | Series G |
| Sep 2025 | $5B | $183B | 36.6x | Series F |
| Mar 2025 | $1.3B | $62B | 47.3x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Anthropic Funding History
Anthropic has raised a total of $205B across 17 funding rounds, plus 2 secondary share sales.
Anthropic's first fundraising round was a $124M Series A in May 2021. The most recent completed round was a $65B Series H in May 2026.
Anthropic funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2026 | Series H | Altimeter Capital (lead); Dragoneer (lead); Greenoaks (lead); Sequoia Capital (lead); Temasek; General Catalyst; Fidelity; Blackstone; T. Rowe Price; D1 Capital Partners; Coatue; DST Global | $65B | $965B | Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation. The financing was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, and co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. The proceeds are earmarked for safety and interpretability research, additional compute to meet demand for Claude, and continued investment in the products and partnerships the company's customers depend on. The round drew a broad investor base, including AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price Associates, T. Rowe Price Investment Management, and Temasek. It also incorporates $15 billion of previously committed investment from hyperscalers, $5 billion of which comes from Amazon. Strategic infrastructure partners Micron, Samsung, and SK hynix—key suppliers of memory, storage, and logic chips—also joined. The company reports that adoption has continued to expand across enterprise customers since its Series G in February, with run-rate revenue passing $47 billion earlier this month. Alongside the raise, Anthropic has expanded its compute footprint through several agreements: up to five gigawatts of new capacity with Amazon, five gigawatts of next-generation TPU capacity with Google and Broadcom, and access to GPU capacity in Colossus 1 and Colossus 2 with SpaceX. Claude is now available on all three major cloud platforms—Amazon Web Services, Google Cloud, and Microsoft Azure—with AWS remaining the company's primary cloud provider and training partner. |
| Apr 2026 | Strategic investment | Alphabet (lead) | $40B | $350B | Google committed to invest up to $40 billion in Anthropic in April 2026, with $10 billion upfront in cash and compute at a $350 billion valuation, and an additional $30 billion contingent on performance targets. The deal includes expanded access to multiple gigawatts of next-generation TPU capacity from Google and Broadcom, starting in 2027, building on prior commitments. This follows Amazon's $5 billion investment and supports Anthropic's compute needs amid surging demand. The investment aligns with Anthropic's rapid growth and infrastructure expansion, including a $50 billion commitment to U.S. computing infrastructure from November 2025. It powers frontier Claude models and addresses demand from over 1,000 business customers each spending more than $1 million annualized, up from 500 in February 2026. Run-rate revenue reached over $30 billion, up from $9 billion earlier in the year. Anthropic develops AI models like Claude, with operations focused on enterprise customers and cloud partnerships with Google Cloud and Amazon. The company raised its Series G in February 2026 at $350 billion valuation; recent investor interest targets over $800-900 billion, with IPO considerations for October 2026. |
| Apr 2026 | Strategic investment | Amazon (lead) | $25B | $350B | Amazon invested $5 billion in Anthropic in April 2026, bringing its total investment to $13 billion. In return, Anthropic committed to spending over $100 billion on AWS over the next 10 years, securing up to 5 GW of new computing capacity for training and running its Claude AI models. The investment follows prior funding from Amazon and Google at a roughly $350 billion valuation. Anthropic is developer of the Claude AI model and is engaging with venture capitalists on a potential new funding round valuing the company at over $900 billion, though no term sheet has been signed. |
| Feb 2026 | Series G | Coatue (lead); Dragoneer (lead); Founders Fund (lead); GIC (lead); ICONIQ Capital (lead); MGX (lead); Temasek; Baillie Gifford; NVIDIA; General Catalyst; Greenoaks; Menlo Ventures; NX1 Capital; Microsoft; Fidelity; Qatar Investment Authority; Blackstone; JPMorgan Growth Equity Partners; Sands Capital Ventures; Addition; Morgan Stanley Investment Management; Altimeter Capital; Bessemer Venture Partners; D. E. Shaw & Co.; BlackRock; Jane Street; Sequoia Capital; Lightspeed Venture Partners; Appaloosa Management; TPG; Goldman Sachs Growth Equity; D1 Capital Partners; Whale Rock Capital Management; Insight Partners; TowerBrook Capital Partners; Alpha Wave Global; Accel; AMP PBC | $30B | $380B | Anthropic closed a $30 billion Series G on 12 February 2026 at a post-money valuation of $380 billion, roughly doubling the $183 billion set by its Series F five months earlier and ranking as the second-largest venture financing on record behind OpenAI's $40 billion round of 2025. GIC and Coatue led the round, co-led by D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ and MGX, with significant participation from Accel, BlackRock, Blackstone, Fidelity, Goldman Sachs, JPMorgan, Sequoia Capital, Temasek and others. The company said the proceeds would fund frontier research, expanded compute capacity and international growth. Anthropic reported that its annualised revenue had reached about $14 billion, up from roughly $10 billion of revenue for 2025, with the number of business customers spending more than $1 million a year having grown several-fold. The financing preceded strategic investments by Amazon and Google in April 2026 and the company's $65 billion Series H in May 2026. |
| Nov 2025 | Strategic investment | NVIDIA; Microsoft | $15B | $350B | Microsoft, NVIDIA and Anthropic announced strategic partnerships on 18 November 2025 under which Microsoft committed to invest up to US$5 billion and NVIDIA up to US$10 billion in Anthropic, valuing the company at about US$350 billion according to CNBC. In return Anthropic committed to buy US$30 billion of Azure compute capacity and to contract up to one gigawatt of NVIDIA Grace Blackwell and Vera Rubin systems, while NVIDIA and Anthropic agreed to collaborate on engineering to optimise Claude models for NVIDIA hardware. Microsoft also agreed to make Claude Sonnet 4.5, Opus 4.1 and Haiku 4.5 available through Microsoft Foundry and to keep Claude across the Copilot family, making Claude the only frontier model offered on all three major clouds. The deal followed Anthropic's US$13 billion Series F at US$183 billion in September 2025 and gave the company a second hyperscaler partner alongside Amazon and Google. Portions of the Microsoft and NVIDIA commitments were later counted within the US$30 billion Series G closed in February 2026 at a US$380 billion post-money valuation. Anthropic, founded in 2021, develops the Claude family of AI models and was running at a revenue run-rate of roughly US$7 billion at the time. |
| Sep 2025 | Series F | Fidelity (lead); ICONIQ Capital (lead); Lightspeed Venture Partners (lead); Baillie Gifford; WCM Investment Management; General Catalyst; Qatar Investment Authority; Ontario Teachers' Pension Plan; Blackstone; GIC; T. Rowe Price; Altimeter Capital; General Atlantic; BlackRock; Jane Street; TPG; Goldman Sachs Growth Equity; D1 Capital Partners; Coatue; Insight Partners | $13B | $183B | Anthropic announced on 2 September 2025 that it had raised $13 billion in a Series F financing at a post-money valuation of $183 billion, nearly triple the $61.5 billion set by its Series E six months earlier. ICONIQ led the round, with Fidelity Management & Research and Lightspeed Venture Partners as co-leads; other significant investors included Altimeter, Baillie Gifford, BlackRock-affiliated funds, Blackstone, Coatue, D1 Capital Partners, General Atlantic, General Catalyst, GIC, Goldman Sachs Alternatives, Insight Partners, Jane Street, Ontario Teachers' Pension Plan and Qatar Investment Authority. Anthropic said the capital would expand its capacity to serve enterprise demand, deepen safety research and support international expansion. The company reported run-rate revenue of more than $5 billion in August 2025, up from about $1 billion at the start of the year, with more than 300,000 business customers and its Claude Code product exceeding a $500 million run rate. Anthropic is a San Francisco-based public benefit corporation founded in 2021. |
| Mar 2025 | Series E | Lightspeed Venture Partners (lead); Salesforce Ventures; General Catalyst; Menlo Ventures; Fidelity; Cisco Investments; Bessemer Venture Partners; Jane Street; D1 Capital Partners; Accel | $3.5B | $62B | Anthropic, an AI startup developing large language models like Claude with a focus on safety and alignment, raised $3.5 billion in a Series E funding round on March 3, 2025, led by Lightspeed Venture Partners at a $61.5 billion post-money valuation. Investors included Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Jane Street, Menlo Ventures, and Salesforce Ventures, bringing total funding to $18.2 billion. The company reported an annual revenue run rate of around $1 billion last year, which increased by 30% so far in 2025 through its API and Claude subscriptions, per reports from TechCrunch and Bloomberg. Anthropic plans to use the funds to advance next-generation AI systems, expand compute capacity, deepen research in mechanistic interpretability and alignment, and accelerate international expansion. The round followed recent product launches like Claude 3.7 Sonnet and prior investments from Amazon and Google. Anthropic operates at a significant burn rate, expecting $3 billion in spend for 2025, while competing with OpenAI in the AI space. |
| Jan 2025 | Strategic investment | Alphabet (lead) | $1B | - | Google agreed in January 2025 to invest a further $1 billion in Anthropic, taking its cumulative investment in the company to about $3 billion on top of the roughly 10% stake it had accumulated since 2023. The investment was made as Anthropic was in late-stage talks on a separate primary round led by Lightspeed Venture Partners that closed in March 2025 at a $61.5 billion valuation. Google and Anthropic also maintain a large cloud agreement under which Anthropic trains and serves its Claude models partly on Google Cloud TPU infrastructure. Anthropic's revenue had reached an annualised run rate of about $1 billion in December 2024, roughly ten times the level a year earlier, driven by enterprise adoption of Claude through its API and through Amazon Bedrock and Google Vertex AI. Anthropic was founded in 2021 by former OpenAI researchers and is headquartered in San Francisco. |
| Nov 2024 | Strategic investment | Amazon (lead) | $4B | $18B | Anthropic, an AI safety startup founded by former OpenAI executives, received up to $4 billion from Amazon in a strategic investment announced around November 22, 2024. The deal is structured in two tranches: an initial $1.25 billion with an option for an additional $2.75 billion, valuing Anthropic at $18.4 billion and positioning Amazon as a minority investor with deepened AWS integration for training Claude AI models using Trainium chips. This brings Amazon's total investment in Anthropic to $8 billion, following a prior $4 billion commitment completed earlier in 2024. Anthropic has raised $13.7 billion in venture capital overall. The partnership emphasizes cloud collaboration, with Anthropic adopting AWS as its primary provider for AI development and deployment. |
| May 2024 | Secondary | G Squared (lead); Manhattan Venture Partners (MVP) (lead) | $452M | - | The FTX estate disclosed in a court filing on 31 May 2024 that it had sold its remaining roughly 15 million Anthropic shares for about $452 million, completing the disposal of the stake it inherited from Alameda Research's 2022 investment. G Squared was the largest buyer, taking about 4.5 million shares for $135 million, with the balance spread across around twenty other purchasers, most of them venture capital funds. The price of about $30 per share matched the March 2024 sale to ATIC, Jane Street and others, implying the same $18.4 billion valuation set in Anthropic's Series D. Across the two sales FTX realised roughly $1.3 billion from an original $500 million investment, a gain of about $800 million that went toward creditor recoveries. Anthropic develops the Claude family of large language models and counts Amazon and Google among its strategic investors. |
| Mar 2024 | Secondary | Mubadala (lead); Manhattan Venture Partners (MVP) (lead) | $884M | - | The bankruptcy estate of FTX agreed on 22 March 2024 to sell about two-thirds of its Anthropic shareholding for $884 million to a group of roughly two dozen institutional buyers, subject to approval by the Delaware bankruptcy court. The largest purchaser was ATIC Third International Investment Company, an entity aligned with Abu Dhabi's Mubadala, which bought close to $500 million of shares; Jane Street took almost $100 million and other buyers included HOF Capital, the Ford Foundation and funds managed by Fidelity. The shares were priced at about $30 each, in line with Anthropic's $18.4 billion Series D valuation of January 2024. FTX had acquired the stake through Alameda Research's $500 million participation in Anthropic's April 2022 Series B, and the proceeds were earmarked for repaying FTX creditors. Anthropic is the San Francisco developer of the Claude AI models. |
| Jan 2024 | Series D | Menlo Ventures (lead); Lightspeed Venture Partners; Manhattan Venture Partners (MVP) | $750M | $18B | Anthropic closed a $750 million Series D led by Menlo Ventures in January 2024 at a post-money valuation of $18.4 billion, roughly four times the level of its Series C eight months earlier. Menlo contributed about $250 million from its own funds and pooled a further $500 million through a special purpose vehicle that gathered capital from its limited partners and other investors. The round was opportunistic rather than planned: Anthropic had not intended to raise at the end of 2023, but the financing gave it capital ahead of a larger round expected later in 2024 and formalised the terms for the investments already committed by its cloud partners Amazon and Google. Anthropic develops the Claude family of large language models and had annualised revenue reported in the low hundreds of millions of dollars at the time. The stake later became one of the most valuable venture positions of the AI cycle, underpinning Menlo's subsequent $3 billion fundraise. |
| Oct 2023 | Strategic investment | Alphabet (lead) | $2B | - | Google agreed on 27 October 2023 to invest up to $2 billion in Anthropic, structured as $500 million upfront with a further $1.5 billion to be invested over time. The commitment came one month after Amazon's agreement to invest up to $4 billion in the company and deepened a relationship that began with Google's $300 million investment earlier in 2023, which had made it roughly a 10% shareholder. Anthropic used Google Cloud as one of its compute providers, and the two companies had already announced a multi-year cloud partnership under which Anthropic would draw on Google's TPU infrastructure. The deal was reported as convertible notes that would convert into equity at Anthropic's next priced round. Anthropic at the time was the developer of the Claude 2 model, with customers including Slack, Notion and Quora. |
| Sep 2023 | Strategic investment | Amazon (lead) | $4B | - | Anthropic, an AI startup developing the Claude chatbot focused on safety research, received an initial $1.25 billion minority stake investment from Amazon on September 25, 2023, with an option to increase to $4 billion total. This followed a May 2023 round where Anthropic was valued at about $5 billion after raising $450 million. The partnership includes Anthropic using AWS as its primary cloud provider for mission-critical workloads and AI model development. Amazon's investment positions it competitively against Microsoft, Google, and others in generative AI, providing Anthropic access to AWS tools like Trainium and Inferentia chips. Anthropic had raised $2.7 billion total prior to this deal, with backers including Google, Spark Capital, and others. The deal emphasizes strategic collaboration beyond funding, integrating Anthropic's models into Amazon Bedrock. |
| Aug 2023 | Strategic investment | SK Telecom (lead) | $100M | $5B | Anthropic, a San Francisco-based AI startup developing the Claude AI assistant and focused on safe AI systems, raised $100 million from SK Telecom in August 2023 as part of a strategic partnership to build large language models customized for the telecommunications industry. This investment followed Anthropic's $450 million Series C in May 2023, which came after reports of a pre-money valuation of $4.1 billion, and was valued at around $5 billion according to contemporaneous analysis. The deal positioned SK Telecom, South Korea's largest telco, to collaborate on AI innovation, including Korean language-based LLMs and a Telco AI Platform with partners like Deutsche Telekom and others in the Global Telco AI Alliance. Anthropic co-founder Dario Amodei highlighted the potential for industry-specific LLMs to enable safer AI deployments, with co-founder Jared Kaplan overseeing the telco LLM project. SK Telecom's $100 million stake was estimated at about 0.7% initially, with the investment aimed at transforming the telco sector through AI. By early 2026, Anthropic's valuation had surged dramatically to around $350 billion implied in market speculation and later confirmed higher with a $30 billion Series G round at $380 billion post-money valuation in February 2026, turning the SK Telecom investment into a significant windfall potentially worth billions depending on dilution. The partnership underscored Anthropic's rapid fundraising trajectory, having amassed over $1.5 billion since 2021 from investors including Google, Spark Capital, and others. Anthropic continued its growth post-2023, emphasizing enterprise AI, coding agents, and safety, with the 2026 Series G funding from GIC, Coatue, and others fueling frontier research and infrastructure. SK Telecom's stake value drove its stock surges amid IPO speculation for Anthropic, though liquidity depends on future events like an IPO. |
| May 2023 | Series C | Spark Capital (lead); Salesforce Ventures; Sound Ventures; Menlo Ventures; Zoom Ventures; Alphabet | $450M | $4B | Anthropic, a San Francisco-based AI startup founded in 2021 by former OpenAI executives, raised $450 million in a Series C funding round on May 23, 2023, led by Spark Capital with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures, and others. The round brought Anthropic's total funding to around $1 billion, positioning it as a well-funded player in the generative AI space competing with OpenAI and others like Inflection AI and Adept. Spark Capital general partner Yasmin Razavi joined Anthropic's board in connection with the investment. The funding was aimed at scaling reliable AI products like Claude, an AI assistant for conversational and text processing tasks, and advancing research on safe AI systems. CEO Dario Amodei emphasized the support from investors for Anthropic's mission prioritizing safety in AI development. This Series C followed prior investments including from early backers like Eric Schmidt and Sam Bankman-Fried, amid intensifying competition in AI where Microsoft backed OpenAI heavily. Spark Capital had been an early investor and ramped up focus on generative AI startups. The capital infusion supported Anthropic's efforts to build helpful, harmless, and honest AI amid a hot market for AI technologies. |
| Feb 2023 | Strategic investment | Alphabet (lead) | $400M | $4.1B | Anthropic, an AI startup developing the Claude chatbot as a rival to ChatGPT, received an investment of between $300 million and $400 million from Google around early 2023, reportedly giving Google a 10% stake in the company. This deal came shortly after Microsoft's $10 billion investment in OpenAI. Shortly after the Google investment, Anthropic was raising another $300 million round at a pre-money valuation of $4.1 billion, led by Spark Capital. Prior to these 2023 fundraises, Anthropic had raised $704 million across Series A and B rounds in 2022, with the Series B led by Sam Bankman-Fried of FTX. The company was operating its Claude AI chatbot in closed beta mode, focusing on combating harmful prompts. Later developments include much larger rounds, such as a $30 billion Series G funding in February 2026 at $380 billion post-money valuation led by GIC and Coatue, highlighting Anthropic's growth in enterprise AI, coding agents, and infrastructure across AWS, Google Cloud, and Azure. |
| Apr 2022 | Series B | FTX (lead); Nishad Singh; Jaan Tallinn; James McClave; Center for Emerging Risk Research | $580M | $2.5B | Anthropic, co-founded by former OpenAI executive Dario Amodei, is an AI startup focused on developing advanced AI systems and directly competing with models like ChatGPT. In April 2022, it closed a Series B funding round raising $580 million, led by FTX which contributed $500 million, with participation from investors including Center for Emerging Risk Research, Jaan Tallinn, James McClave, and Nishad Singh. The round valued Anthropic at approximately $2.5 billion post-money, granting FTX about 13.56% equity that was later diluted to 8% in subsequent rounds. This investment occurred amid FTX founder Sam Bankman-Fried's enthusiasm for long-termism and AI risks. Following FTX's collapse, the stake was sold for $884 million initially reported in some accounts or $1.3 billion during 2024 bankruptcy proceedings, representing a fraction of its potential value given Anthropic's explosive growth. The 2022 round marked a key early milestone for Anthropic, which has since attracted massive investments from tech giants like Amazon and Google. Anthropic's valuation has skyrocketed in later rounds, including a Series F in September 2025 raising $13 billion at $183 billion post-money led by ICONIQ, and a Series G in February 2026 raising $30 billion at $380 billion post-money led by GIC and Coatue. By 2026, the company reported $14 billion run-rate revenue, growing over 10x annually since its first revenue dollar less than three years prior, positioning it as a leader in enterprise AI with models like Claude emphasizing safety and reliability. It has raised nearly $64 billion total since 2021 inception, ranking as one of the world's most valuable private companies. |
| May 2021 | Series A | Jaan Tallinn (lead); James McClave; Eric Schmidt; Dustin Moskovitz; Center for Emerging Risk Research | $124M | $623M | Anthropic announced a $124 million Series A on 28 May 2021, a few months after the company was founded by former OpenAI researchers Dario and Daniela Amodei. The round was led by Skype co-founder Jaan Tallinn and included James McClave, Dustin Moskovitz, Eric Schmidt and the Center for Emerging Risk Research, a group composed almost entirely of technology founders and philanthropists rather than institutional venture firms. The company said the capital would fund computationally intensive research into large-scale AI systems that are steerable, interpretable and robust. Anthropic was organised as a public benefit corporation with an explicit AI safety mission and was based in San Francisco. The round has since been reported at a post-money valuation of roughly $600 million, which subsequent financings multiplied more than a thousandfold. |
Who has invested in Anthropic?
61 investors have backed Anthropic across its funding rounds, including Alphabet, General Catalyst, Lightspeed Venture Partners, Menlo Ventures, Fidelity and D1 Capital Partners.
Lead investors include Altimeter Capital, Dragoneer, Greenoaks, Sequoia Capital, Alphabet and 16 other investors.
Anthropic Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Feb 2023 | ||
| 4 | Participant | Mar 2025 | ||
| 4 | Lead | May 2023 | ||
| 4 | Lead | Mar 2025 | ||
| 4 | Lead | Jan 2024 | ||
| 4 | Participant | Mar 2025 | ||
| 3 | Lead | Sep 2023 | ||
| 3 | Participant | Sep 2025 | ||
| 3 | Lead | Sep 2025 | ||
| 3 | Participant | Mar 2025 | ||
| 3 | Lead | Jan 2024 | ||
| 3 | Lead | Sep 2025 | ||
| 2 | Participant | Feb 2026 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Anthropic
Anthropic has acquired 6 companies to date.
Last acquisition by Anthropic was on May 14th 2026. Anthropic acquired Stainless for $300M.
Latest Acquisitions by Anthropic
| Description | Stainless is a San Francisco-headquartered platform generating type-safe SDKs for APIs in languages like TypeScript, Python, and Java. The tool produces idiomatic client libraries handling authentication, pagination, and error responses from OpenAPI specifications. Developers integrate it via CLI for rapid deployment to npm and PyPI. Launched in 2023, Stainless supports enterprises building public APIs with automatic updates from spec changes. | Runhouse was a machine-learning infrastructure software company founded in 2022 and based in New York. Its open-source tooling gave engineers a Python interface for running artificial-intelligence workloads across graphics-processing units, clusters and cloud environments. The company later focused on Kubetorch, software that lets developers iterate, debug and scale machine-learning and reinforcement-learning workloads on Kubernetes while preserving their existing development workflow. Research teams and enterprise machine-learning engineers used the platform to reduce the operational work involved in moving models from experiments into production. Runhouse combined infrastructure abstraction, reproducibility, lineage and governance so distributed workloads could be shared and managed across teams. The business generated software and enterprise-support revenue around its developer platform while maintaining open-source components. Anthropic acquired the Runhouse team in April 2026, after the company had raised a USD 5 million seed round led by Work-Bench with participation from Hetz Ventures and Fathom Capital. | Coefficient Bio develops tools for autonomous drug development planning and clinical regulatory strategy management. Its technology analyzes biological data and preclinical workflows to identify drug candidates. | Vercept is a provider of identity-centric secure access platforms that enable secure remote work without VPNs. The Tel Aviv-headquartered company delivers passwordless authentication through biometrics, FIDO2, and magic links for applications and resources. Vercept integrates with identity providers like Okta and Azure AD to enforce zero-trust policies for distributed teams worldwide. | |
| HQ Country | |||||
| HQ City | New York City, NY | New York City, NY | New York City, NY | Seattle, WA | |
| Deal Date | 14 May 2026 | 27 Apr 2026 | 2 Apr 2026 | 25 Feb 2026 | |
| Valuation | $300M | undisclosed | $400M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Anthropic
Anthropic has invested in 8 companies to date.
Latest investment by Anthropic was on August 5th 2026. Anthropic invested in Sapiom in their $35M Series A round.
Latest Investments by Anthropic
| Description | Sapiom is an infrastructure provider granting AI agents secure access to APIs with features like know-your-agent verification, wallets, usage controls, and multi-rail payments to enable autonomous commerce. | Anthropic Applied AI JV places applied AI engineers inside companies to redesign workflows and integrate Claude models into essential processes. This joint venture delivers hands-on engineering support that exceeds basic software licenses. | LocalHost is a global startup fellowship program for founders, researchers, and engineers operating in 11 countries. It provides seed capital up to $50,000, travel grants, visa support, residencies, cloud computing credits, and workspaces in hubs like Tokyo, Bangalore, Zurich, and New York. Backed by over 50 partner organizations including Y Combinator and Pioneer, LocalHost runs quarterly cohorts to accelerate early-stage projects in AI, biotech, and software. Founded in 2022, the program has supported hundreds of participants building companies valued at over $1 billion collectively. | Sapiom is an infrastructure provider granting AI agents secure access to APIs with features like know-your-agent verification, wallets, usage controls, and multi-rail payments to enable autonomous commerce. | |
| HQ Country | |||||
| HQ City | - | San Francisco, CA | San Francisco, CA | - | |
| Deal Date | 5 Aug 2026 | 3 May 2026 | 16 Feb 2026 | 5 Feb 2026 | |
| Round | Series A | Undisclosed stage | Angel | Seed | |
| Raised | $35M | $1.5B | $3M | $16M | |
| Investors | Menlo Ventures; VanEck; Dragonfly; Array Ventures; Coinbase Ventures; Operator Collective; Gradient; Formus Capital; Okta Ventures; Accel | Blackstone; Apollo Global Management; GIC; Goldman Sachs; General Atlantic; Leonard Green & Partners; Hellman & Friedman; Sequoia Capital | InVideo; Orangewood Labs; Red Bull Ventures; Eros International Media(India) | Plug and Play; Menlo Ventures; Array Ventures; Coinbase Ventures; Operator Collective; Umami Capital; Gradient; Formus Capital; Okta Ventures; Accel | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Anthropic Competitors
Anthropic competitors include listed companies like Snowflake and Presight AI, and private ones like OpenAI, DeepSeek, Mistral AI and Lovable.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $25B | - | $852B | 34.1x | ||
| Private | - | - | $50B | - | ||
| Private | $400M | - | $24B | - | ||
| Private | $500M | - | $13B | 26.6x | ||
| Publicly listed | $4.7B | ($1.3B) | $121B | 20.9x | ||
| Publicly listed | $825M | $214M | $5.5B | 5.1x |
Anthropic Public Comps
Anthropic is still privately-owned, but its public comps include AMD, ASML, Samsung, Palantir, CrowdStrike, SAP, IBM, Broadcom, Salesforce and ServiceNow.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $35B | $7.1B | 29.0x | 21.2x | 142.3x | 83.4x | |||
| $37B | $14B | 18.8x | 14.7x | 49.7x | 35.0x | |||
| $249B | $69B | 4.5x | 2.4x | 16.4x | 4.4x | |||
| $4.5B | $1.5B | 104.7x | 63.7x | 322.2x | 106.2x | |||
| $4.8B | ($12M) | 55.1x | 47.1x | (21235.7x) | 158.7x | |||
| $41B | $13B | 5.9x | 5.4x | 18.5x | 17.0x | |||
| $68B | $17B | 4.0x | 3.9x | 16.3x | 14.0x | |||
| $64B | $34B | 27.5x | 17.0x | 51.1x | 25.0x | |||
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Common questions about Anthropic
| When was Anthropic founded? | Anthropic was founded in 2021. |
| Where is Anthropic headquartered? | Anthropic is headquartered in San Francisco, CA, United States. |
| Is Anthropic publicly listed? | No, Anthropic is a private, VC-backed company. |
| What is Anthropic's valuation? | Anthropic was last valued at $965B in its Series H in May 2026. |
| How much funding has Anthropic raised? | Anthropic has raised $205B across 17 funding rounds. |
| What was Anthropic's last funding round? | Anthropic's last funding round was a $65B Series H in May 2026, led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. |
| Who are Anthropic's investors? | Anthropic's investors include Alphabet, General Catalyst, Menlo Ventures, Fidelity, Lightspeed Venture Partners, D1 Capital Partners, Amazon, Blackstone, Altimeter Capital, Jane Street and 51 others. |
| What is Anthropic's revenue? | Anthropic's latest recorded revenue is $47B (May 2026). |
| What is Anthropic's revenue multiple? | Anthropic's latest valuation implies a 20.5x revenue multiple ($965B valuation on $47B of revenue). |
| Which companies are comparable to Anthropic? | Companies comparable to Anthropic include OpenAI, DeepSeek, Mistral AI, Lovable, Snowflake and Presight AI. |
| How many companies has Anthropic acquired? | Anthropic has acquired 6 companies, including Stainless, Runhouse, Coefficient Bio, Vercept and Bun. |
| What was the largest acquisition by Anthropic? | The $400M acquisition of Coefficient Bio in April 2026 is the largest acquisition Anthropic has made to date. |
| How many companies has Anthropic invested in? | Anthropic has invested in 8 companies, including Sapiom, Anthropic Applied AI (JV), LocalHost, Python Software Foundation, Zania, Accordance, Goodfire and Heidi Health. |
| What was Anthropic's last investment? | In August 2026, Anthropic invested in Sapiom's $35M Series A alongside Menlo Ventures, VanEck, Dragonfly and 7 other investors. |
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