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AI safety company building reliable, interpretable, and steerable AI systems
Valuation (May 2026 Series H)
$965B
+154% from $380B (Feb 2026)
Annualized Revenue (May 2026)
~$45B+
per Sacra; up from ~$9B end-2025
Amazon Cumulative Investment
$8B
Largest single strategic backer; AWS Trainium co-design
Business Customers
300,000+
~80% of revenue (late 2025)
Total raised: ~$110B+ (incl. Series G and H) · Latest valuation: $965B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Series A | May 2021 | $124M | - | Jaan TallinnEric SchmidtDustin MoskovitzJames McClave |
| Series B | Apr 2022 | $580M | - | Sam Bankman-Fried / Alameda (later FTX bankruptcy estate)Caroline EllisonJaan TallinnCenter for Emerging Risk Research |
| Google Investment | Feb 2023 | $300M | - | Google |
| Series C | May 2023 | $450M | $4.1B | Spark Capital (lead)GoogleSalesforceZoom+1 more |
| Amazon Investment I | Sep 2023 | $4B (committed) | - | Amazon |
| Google Cloud Round | Oct 2023 | $2B (committed) | - | Google |
| Amazon Investment II | Mar 2024 | $2.75B | - | Amazon |
| Amazon Investment III | Nov 2024 | $4B | - | Amazon |
| Series E | Mar 2025 | $3.5B | $61.5B | Lightspeed (lead)BessemerCiscoD1 Capital+2 more |
| Series F | Sep 2025 | $13B | $183B | ICONIQ (lead)FidelityLightspeedT. Rowe Price+2 more |
| Series G | Feb 2026 | $30B | $380B | Existing and new institutional investors |
| Series H | May 2026 | $65B | $965B | Altimeter (lead)DragoneerGreenoaksSequoia Capital |
| Product | Type | Status |
|---|---|---|
| Claude Opus 4.7 | Frontier reasoning + coding model | GA (Dec 2025) |
| Claude Sonnet 4.5 | Balanced default model | GA (Oct 2025) |
| Claude Haiku 4.5 | Low-latency model | GA (Nov 2025) |
| Claude.ai | Consumer chat product (Free / Pro / Max) | GA |
| Claude Code | Terminal + IDE coding agent | GA (May 2025); ~$2.5B annualized revenue by Feb 2026 |
| Claude for Enterprise / Work | SSO, audit logs, data residency, Projects | GA |
| Computer Use | Desktop-control agent capability | GA via API |
| Model Context Protocol (MCP) | Open standard for tool / data integration | Open-source spec; widely adopted |
| Anthropic API | Direct, Bedrock, Vertex AI distribution | GA |
$8B cumulative investment; AWS is primary training and inference cloud; Trainium 2 chip co-design; Bedrock distribution. 100,000+ customers run Claude on Bedrock (Apr 2026).
$3B+ cumulative; TPU access for training; Vertex AI distribution.
Claude available on Microsoft Foundry (formerly Azure AI Foundry) from Sep 2025; reversal of Microsoft's prior OpenAI exclusivity stance.
Anthropic models powering revamped Siri (reported Aug 2025, targeting iOS 19 / 2026).
$10B NVIDIA + $15B Microsoft commitment announced Nov 2025 for next-gen training and inference capacity.
Default LLM in Agentforce for regulated industries; Series C investor.
Embed Claude in consumer/enterprise products via API.
Pre-deployment testing MOU for frontier models; member of Frontier Model Forum.
Dario and Daniela Amodei, Tom Brown, Sam McCandlish, Jared Kaplan, plus 8 others depart OpenAI
First Claude model in closed beta; Constitutional AI training method published
API GA with Claude Instant and Claude v1
100K token context; powers Claude.ai consumer site
Haiku, Sonnet, Opus tiers; first model to beat GPT-4 on key benchmarks
Outperforms Claude 3 Opus at fraction of the cost; coding benchmark leader
Claude controls desktop via screenshots + mouse/keyboard (public beta)
Open standard released for connecting LLMs to data sources and tools
First hybrid reasoning model; extended thinking mode toggleable
Sonnet 4 / Opus 4; Claude Code CLI launched GA
ICONIQ-led; reportedly $5B+ ARR run-rate at time of close
Coding-focused refresh; Claude Code becomes default agentic surface
Frontier model refresh with 1M token context for coding workflows
$30B round roughly doubles the September valuation as enterprise revenue accelerates
$65B round (Altimeter, Dragoneer, Greenoaks, Sequoia) makes Anthropic the most valuable AI startup, ahead of OpenAI
Files confidentially for an IPO at a ~$965B valuation
Second-largest frontier lab by revenue. Approximately $5B annualized run-rate (mid-2025), up from roughly $1B at YE 2024. Builder of the Claude family (Claude 3.5 Sonnet, Claude 4 Opus, Claude 4.5). Revenue mix skews enterprise API (Anthropic is the most-used model in many coding tools, including Cursor and GitHub Copilot Workspace). AWS is the primary compute partner via a combined $8B commitment; Google has invested over $2B for additional GPU and TPU capacity. Anthropic was founded in 2021, is headquartered in San Francisco, CA and employs ~1,500.
Anthropic has raised ~$110B+ (incl. Series G and H) in total at a $965B valuation, based on the funding rounds Sterling tracks.
Sterling groups Anthropic in the AI Software sector, alongside OpenAI (private), SpaceXAI (private), Mistral AI (private), DeepSeek (private), Cohere (private) and AI21 Labs (private).
If you are researching Anthropic, also look at Alibaba (Qwen), Tencent (Hunyuan) and Baidu (Ernie). You can compare all of them side by side or browse the full AI Software sector on Sterling.