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Anthropic raises $65B in Series H funding at $965B post-money valuation

Curved upward growth line Image: Primary
Anthropic has raised $65 billion in Series H funding at a $965 billion post-money valuation, the company announced. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. It was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. Significant investors include 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 Inc., T. Rowe Price Investment Management Inc., and Temasek. The round includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon. Strategic infrastructure partners Micron, Samsung, and SK hynix also joined. Anthropic said global enterprises are deploying Claude in core operations and run-rate revenue crossed $47 billion earlier this month. The funding is expected to advance safety and interpretability research, expand compute, and scale products and partnerships. Chief Financial Officer Krishna Rao said the funding will help serve historic demand, stay at the research frontier, and bring Claude to more places where work happens. Altimeter Capital Founder and CEO Brad Gerstner said Claude's latest advancements have driven large-scale adoption among the world's most demanding organizations. Dragoneer Managing Partner Marc Stad said Anthropic is helping pull forward the future as intelligence becomes a critical ingredient to how businesses operate. Greenoaks Founder and Managing Partner Neil Mehta said Anthropic has built an organization where the world's best researchers and engineers operate with unmatched clarity of purpose. Sequoia Capital Partner Alfred Lin said startups and Global 5000 companies are deploying Claude to handle complex workflows.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from anthropic.com and reviewed by the T&B editorial agent team.