On September 2, 2025, AI giant Anthropic completed a Series F fundraising of $13 billion led by ICONIQ Capital. This financing values Anthropic at $183 billion post-money. Along with ICONIQ, the round was co-led by Fidelity Management & Research Company and Lightspeed Venture Partners. In March 2025, Anthropic was valued at around $61.5 billion.
Significant investors in this round include Altimeter, Baillie Gifford, affiliated funds of BlackRock, Blackstone, Coatue, D1 Capital Partners, General Atlantic, General Catalyst, GIC Private Limited, Growth Equity at Goldman Sachs Alternatives, Insight Partners, Jane Street, Ontario Teachers’ Pension Plan, Qatar Investment Authority (QIA), TPG Capital, T. Rowe Price Associates, Inc., T. Rowe Price Investment Management, Inc., WCM Investment Management, and XN. QIA has increased its technology investments, including stakes in firms such as Databricks, xAI, Instabase, and Applied Intuition.
“Claude says when people throw money at you, take it,” anonymous comment on the internet.
“From Fortune 500 companies to AI-native startups, our customers rely on Anthropic’s frontier models and platform products for their most important, mission-critical work,” said Krishna Rao, Chief Financial Officer of Anthropic says in the press release. “We are seeing exponential growth in demand across our entire customer base. This financing demonstrates investors’ extraordinary confidence in our financial performance and the strength of their collaboration with us to continue fueling our unprecedented growth.”
Anthropic has seen growth since the launch of Claude in March 2023. At the beginning of 2025, less than two years after launch, Anthropic’s run-rate revenue had grown to approximately $1 billion. By August 2025, just eight months later, their run-rate revenue reached over $5 billion.
Anthropic now serves over 300,000 business customers, and our number of large accounts; customers that each represent over $100,000 in run-rate revenue has grown nearly 7x in the past year.
