one year on
Anthropic raises $13 billion at $183 billion valuation in Series F led by ICONIQ
The AI startup triples its valuation from March as run-rate revenue tops $5 billion, driven by enterprise demand and its Claude Code developer tool.
Anthropic today announced it has closed a $13 billion Series F funding round led by ICONIQ, at a $183 billion post-money valuation—roughly triple its valuation in March. Co-leads Fidelity Management & Research Company and Lightspeed Venture Partners joined the round, alongside a syndicate that includes Altimeter, General Catalyst, Coatue, GIC, Qatar Investment Authority, and others.
The company disclosed that its run-rate revenue has surged from approximately $1 billion at the start of 2025 to over $5 billion as of August, making Anthropic one of the fastest-growing technology companies in history. Anthropic now serves over 300,000 business customers, and the number of large accounts—customers that each represent over $100,000 in run-rate revenue—has grown nearly 7x in the past year. The developer tool Claude Code, fully launched in May, already contributes over $500 million in run-rate revenue, with usage growing more than 10x in three months.
Anthropic said it will use the capital to expand capacity for enterprise demand, deepen safety research, and support international expansion. The company, founded by former OpenAI executives including CEO Dario Amodei, competes directly with OpenAI, which is preparing a secondary stock sale that could value it at roughly $500 billion.
The record
Anthropic's CFO said customers from Fortune 500 companies to AI-native startups rely on the company's frontier models for their most important, mission-critical work.
The ICONIQ partner said Anthropic is on an exceptional trajectory, combining research excellence, technological leadership, and a relentless focus on customers.
One year later — open only if you can handle spoilers
The raise proved to be only a way station. Anthropic kept compounding: it closed a roughly $30 billion round in February 2026 at about a $380 billion post-money valuation — again more than doubling in half a year — while the run-rate revenue it put near $1 billion at the start of 2025 climbed into the tens of billions through 2026. Enterprise demand and Claude Code, the franchise it spotlights here, stayed central to the pitch.
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