Anthropic valued at $183 billion after $13B funding round

TL;DR

• Anthropic completed a $13 billion Series F funding round, valuing the company at $183 billion post-money.
• Run-rate revenue grew from about $1 billion to more than $5 billion between the start of 2025 and August (under nine months).
• The company now has more than 300,000 business customers, with large accounts increasing sevenfold in the past year.
• Claude Code has generated more than $500 million in run-rate revenue, with usage up more than tenfold in the three months since its full launch.
• The Series F round was led by ICONIQ, Fidelity Management & Research Company, and Lightspeed Venture Partners; investors include the Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue, General Catalyst, and others.
• Proceeds will be used to meet growing enterprise demand, deepen safety research, and support international expansion.

Context and background

Anthropic is an AI startup best known for its Claude family of models and tools. As a competitor to OpenAI, it has attracted marquee investors and a sizeable enterprise footprint. The Verge reported that a completed funding round valued Anthropic at $183 billion post-money, underscoring the scale investors assign to its AI strategy and commercial potential. For readers tracking the market, the notable aspects include the size of the funding round, the post-money valuation, and the rapid expansion in revenue and customers within a short window. The information comes from a company press release that highlighted run-rate metrics and the contribution of Claude Code to Anthropic’s commercial mix. See the coverage at The Verge.

What’s new

The company disclosed a $13 billion Series F round. Leading the round were ICONIQ, Fidelity Management & Research Company, and Lightspeed Venture Partners. Other investors named include the Qatar Investment Authority, TPG, Altimeter, Blackstone, Coatue, General Catalyst, and additional backers. In parallel with the funding news, Anthropic highlighted strong top-line momentum:

• Run-rate revenue rose from roughly $1 billion at the start of 2025 to more than $5 billion by August, a period of under nine months.
• The firm reports more than 300,000 business customers, and its list of large accounts—customers contributing over $100,000 in run-rate revenue—grew sevenfold over the past year.
• Claude Code, a flagship product tied to the company’s monetization strategy, has generated more than $500 million in run-rate revenue, with usage increasing more than tenfold in the three months since its full launch. The company stated it would use the capital to meet growing enterprise demand, deepen safety research, and support international expansion.

Why it matters (impact for developers/enterprises)

For developers and enterprises, the announcement signals several important signals:

• Scale and credibility: A $183 billion post-money valuation places Anthropic among the most highly valued AI-first companies, suggesting strong investor confidence in Claude’s enterprise capabilities and monetization path.
• Enterprise adoption: The reported 300k+ business customers and sevenfold growth in large accounts indicate a broad and expanding enterprise footprint, which can affect pricing, support, and integration expectations for developers building on Anthropic’s stack.
• Product monetization: Claude Code’s solid $500M+ run-rate revenue shows a meaningful revenue stream tied to developer-facing tools, hinting at a diversified product strategy beyond core AI models.
• Safety and expansion focus: The stated use of funds toward safety research and international expansion aligns with a broader industry emphasis on responsible AI and global deployment, potentially affecting partners and compliance considerations for developers. Readers and teams evaluating AI platforms should monitor how the funding translates into product roadmaps, performance guarantees, and enterprise integrations as Anthropic scales.

Technical details or Implementation

The update emphasizes commercial and product milestones rather than technical specifications. Key points include:

• Claude Code has emerged as a principal revenue contributor, with run-rate revenue exceeding $500 million. This indicates a substantial push into developer-facing tooling and code-related AI capabilities, beyond chat-centric offerings.
• Overall revenue momentum is strong: run-rate revenue increasing from about $1 billion to over $5 billion in less than nine months signals rapid monetization across enterprise use cases.
• Customer growth is pronounced: more than 300,000 business customers and a sevenfold increase in large accounts over the past year point to broad usage and opportunities for continued upsell and expansion. While the press release highlights these financial metrics, no technical specifications for Claude models or Claude Code features are detailed in the source material. The emphasis is on business and go-to-market momentum, investor backing, and allocation of proceeds to scale and safety work.

Key takeaways

• Anthropic raised $13B in Series F, valuing the company at $183B post-money.
• Revenue momentum is robust: run-rate revenue >$5B; Claude Code contributing >$500M run-rate revenue; usage growth >10x post-launch.
• Enterprise footprint is large and growing: >300k business customers; large accounts up sevenfold in a year.
• Investment leadership and breadth: round led by ICONIQ, Fidelity, and Lightspeed; notable investors include QIA, TPG, Altimeter, Blackstone, Coatue, General Catalyst, among others.
• Capital deployment targets: meet enterprise demand, strengthen safety research, and support international expansion.

References

• The Verge. https://www.theverge.com/anthropic/769179/anthropic-is-now-valued-at-183-billion