Anthropic Secures $30Bn in Series G at $380Bn Valuation

Anthropic said its annualised revenue run rate has reached $14 billion, growing more than tenfold each year over the past three years.

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Anthropic, on February 12, announced that it has raised $30 billion in a Series G funding round that values the company at $380 billion post-money.

The round was led by Singapore’s sovereign wealth fund GIC and Coatue, and co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX.

In a blog post, the company said the funding will be used to support research, product development, and infrastructure expansion as it scales its enterprise AI and coding products.

“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 chief financial officer. “This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”

The round also included participation from Accel, Bessemer Venture Partners, General Catalyst, Lightspeed Venture Partners, Sequoia Capital, Temasek, BlackRock, and Qatar Investment Authority, among others.

The financing also included a portion of previously announced investments from Microsoft and NVIDIA. The companies had previously said they would invest up to a combined $15 billion in Anthropic.

Anthropic said its annualised revenue run rate has reached $14 billion, growing more than tenfold each year over the past three years. The company began generating revenue less than three years ago.

The number of customers spending more than $100,000 annually on Claude has increased sevenfold over the past year, the company said. More than 500 customers now spend over $1 million on an annualised basis, up from about a dozen two years ago.

Claude Code, launched to the public in May 2025, has reached a $2.5 billion run-rate revenue, more than doubling since the start of 2026, according to the company. Weekly active users have doubled since Jan. 1. 

Enterprise usage now accounts for more than half of Claude Code revenue, and business subscriptions have quadrupled since the beginning of 2026, the company said.

In January, Anthropic launched more than 30 products and features, including Cowork, which extends Claude Code’s capabilities to tasks such as sales, legal, and finance through open-source plugins. The company also said Claude for Enterprise is now available to organisations operating under HIPAA.

“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 and portfolio manager of Coatue. “The team’s ability to rapidly scale its offerings further positions Anthropic as a leader in a highly competitive AI market.”

Anthropic also introduced Opus 4.6 last week. The company said the model can power agents that generate documents, spreadsheets, and presentations, and leads on GDPval-AA, a benchmark measuring performance on knowledge work tasks in finance and legal.

“Anthropic is the clear category leader in enterprise AI, demonstrating breakthrough capabilities and setting a new standard for safety, performance, and scale that will drive their long-term success,” said Choo Yong Cheen, Chief Investment Officer, Private Equity, at GIC.

Anthropic said the Series G funding would support infrastructure expansion as it works to make Claude available across customer environments such as Amazon Bedrock, Google Cloud through Vertex AI, and Microsoft Azure through Foundry.

The company said it trains and runs Claude on multiple AI hardware platforms, including AWS Trainium, Google TPUs, and NVIDIA GPUs. “This diversity of platforms translates to better performance and greater resilience for the enterprise customers that depend on Claude for critical work,” the company said.

The company previously disclosed plans to invest $50 billion in US data centre infrastructure and to deploy one millionTPUs on Google Cloud.

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The AI & Data Insider team works with a staff of in-house writers and industry experts.

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