Anthropic Raises $30B at $380B Valuation
Anthropic has closed a $30 billion Series G round at a $380 billion post-money valuation. The Claude maker's annualized revenue now stands at $14 billion, having grown more than 10x per year for each of the past three years.
The round was led by GIC and Coatue, and co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. Dozens of other investors participated, including Sequoia Capital, Lightspeed Venture Partners, Menlo Ventures, Bessemer Venture Partners, General Catalyst, Blackstone, BlackRock, Fidelity, Jane Street, Goldman Sachs, JPMorgan Chase, and others. The round also includes a portion of previously announced investments from Microsoft and NVIDIA, which said in November that they plan to commit up to $5 billion and $10 billion, respectively.
The valuation is more than double what the company was worth in September, when it last raised money. That Series F round brought in $13 billion at a $183 billion valuation, led by ICONIQ.
It has been less than three years since Anthropic earned its first dollar in revenue. The number of customers spending over $100,000 annually on Claude has grown 7x in the past year. The company said over 500 customers now spend more than $1 million annually, up from a dozen two years ago, and that eight of the Fortune 10 are now Claude customers.
A big piece of that growth is Claude Code, the company's AI coding agent, which launched publicly in May 2025. Claude Code's run-rate revenue has grown to over $2.5 billion, more than doubling since the start of the year, and its weekly active users have also doubled over the same period. Business subscriptions to Claude Code have quadrupled since January, and enterprise users now represent more than half of its revenue. The company cited an analysis estimating that 4% of all public GitHub commits worldwide are now authored by Claude Code, double the figure from a month prior.
"Whether it is entrepreneurs, startups, or the world's largest enterprises, the message from our customers is the same: Claude is increasingly becoming more critical to how businesses work," said Krishna Rao, Anthropic's CFO.
In January alone, Anthropic shipped more than thirty products and features, including Cowork, which extends Claude Code's capabilities beyond software engineering into knowledge work across sales, legal, and finance. The company also expanded into healthcare and life sciences, making Claude for Enterprise available to organizations operating under HIPAA. Its newest model, Opus 4.6, launched last week, can power agents that manage entire categories of real-world work.
Claude remains the only frontier AI model available on all three major cloud platforms: Amazon Web Services (Bedrock), Google Cloud (Vertex AI), and Microsoft Azure (Foundry). The company trains and runs Claude on a diversified range of AI hardware, including AWS Trainium, Google TPUs, and NVIDIA GPUs.
As Bloomberg reported, the deal bolsters Anthropic as it gains ground on rival OpenAI. OpenAI is itself in fundraising talks for a round that could close at around $100 billion, as CNBC has previously reported.
According to Axios, 1 in 5 businesses that use Ramp now pay for Anthropic, up from 1 in 25 last year. About 79% of OpenAI users also pay for Anthropic, suggesting adoption is not zero-sum.
"Since our initial investment in 2025, Anthropic's focus on agentic coding and enterprise-grade AI systems has accelerated its progress toward large-scale adoption," said Philippe Laffont, Founder & Portfolio Manager of Coatue.
Anthropic was founded in 2021 by former members of OpenAI, including siblings Daniela Amodei and Dario Amodei. The company said the new capital will fund frontier research, product development, and infrastructure expansion.