As of June 2026, Anthropic is valued at $965 billion — set by a $65 billion Series H announced May 28, 2026 (company announcement, TechCrunch), making it the most valuable private company in history and putting it within reach of a trillion-dollar mark before its IPO.
TL;DR:
- $965B post-money, Series H, May 2026 — co-led by Altimeter, Dragoneer, Greenoaks, Sequoia, Capital Group, Coatue, and D1, with Samsung, SK Hynix, and Micron as strategic chip-supply investors.
- Revenue run-rate crossed $47B in May 2026 (~21x multiple) — up from ~$9B at end-2025.
- Confidential S-1 filed June 1, 2026; the Series H is positioned as the last private round.
- The live feed below tracks new Anthropic signals as our pipeline detects them.
Valuation History
| Date | Round | Raised | Post-money valuation |
|---|---|---|---|
| May 2026 | Series H | $65B | $965B |
| Feb 2026 | Series G | $30B | $380B |
| Sep 2025 | Series F | $13B | $183B |
| Mar 2025 | Series E | $3.5B | $61.5B |
Sources: Series H · Series G · Series F · Series E. Of the Series H's $65B, roughly $15B was previously committed strategic capital, including $5B from Amazon.
What's Driving It
The unusual thing about Anthropic's valuation is how much of it is revenue-driven. The reported run-rate trajectory: ~$9B (end 2025) → $14B (Feb) → $19B (Mar) → $30B (Apr) → $47B (May 2026), with enterprise API demand and agentic coding (Claude Code alone passed a $2.5B run-rate in early 2026) doing the heavy lifting. Each successive round priced roughly the same forward multiple against a revenue base that kept doubling.
The strategic investor list tells the second story: memory manufacturers (Samsung, SK Hynix, Micron) buying into their own largest customer's trajectory, echoing the compute-supply-chain entanglement that defines frontier AI finance.
Latest Anthropic Signals, Live
Anthropic Funding & Deal Signals
Extracted live from podcasts, newsletters & primary coverage by the Teahose intel pipeline
- 01MENTIONEnterprises are shifting workloads to cheaper open-source and Chinese AI models (DeepSeek, Alibaba), threatening to commoditize AI infrastructure and force OpenAI and Anthropic intJUN 13 · StrictlyVCJUN 13
- 02MENTIONU.S. government ordered Anthropic to shut off worldwide access to Claude Fable 5 and Claude Mythos 5 over national security concerns related to a potential jailbreak.JUN 13 · StrictlyVCJUN 13
- 03LAUNCHThe U.S. government ordered Anthropic to shut off worldwide access to Claude Fable 5 and Claude Mythos 5 over national security concerns.JUN 13 · StrictlyVCJUN 13
- 04MENTIONClaude Max ($200/month) offers ~$8,000/month worth of tokens and ChatGPT Pro ($200/month) offers ~$14,000/month worth of tokens at API pricing, raising questions about AI subscriptJUN 13 · StrictlyVCJUN 13
- 05MENTIONSam Bankman-Fried's portfolio — invested using misappropriated customer funds — would be worth $114B today and include SpaceX, Anthropic, Cursor, Solana, and Robinhood, which wouldJUN 12 · My First MillionJUN 12
- 06MENTIONProbably, the price is going to jump on the first day, but if it starts deteriorating before Anthropic and OpenAI go public, that's going to make it much tougher for these companieJUN 12 · PitchBook NewsJUN 12
- 07MENTIONTrump administration is betting on voluntary cooperation from AI developers rather than legal mandates for AI safety, creating a regulatory gap even as frontier labs warn about danJUN 12 · AI+ GovernmentJUN 12
- 08MENTIONAnthropic published an essay titled 'When AI builds itself', claiming more than 80% of the code merged into its codebase was written by Claude, and that engineers were shipping '8xJUN 12 · The GeneralistJUN 12
- 09MENTIONHe writes, 'People are worried about AI because they correctly perceive that its risks are real. The key challenge is focusing this concern into constructive solutions and not alloJUN 12 · Newcomer NewsletterJUN 12
- 10LAUNCHAnthropic released Fable 5 (the public version of its Mythos model) with notable guardrails — some visible, some silent — including secret capability-limiting around LLM creation.JUN 12 · StratecheryJUN 12
What to Watch Next
- The S-1 going public. The confidential filing (June 1, 2026) becomes the first full look at Anthropic's actual financials — margins, compute commitments, and revenue durability behind the run-rate headlines.
- The OpenAI race dynamics. Anthropic filing first reframes the IPO as a competitive event; pricing will anchor every private AI mark.
- Run-rate updates. At this multiple, a single quarter of decelerating growth re-rates everything downstream of it.
Hit Watch on Anthropic's company profile to get new signals by email. Related: Anthropic competitors · OpenAI competitors · Cursor valuation · top AI startups, live-ranked.
Editorial figures as of June 10, 2026. Valuations cite primary announcements or major-outlet reporting; the signal feed above updates continuously.
Frequently Asked Questions
What is Anthropic worth in 2026?
Anthropic's valuation is $965 billion post-money, set by its $65 billion Series H announced May 28, 2026 — co-led by Altimeter, Dragoneer, Greenoaks, Sequoia, Capital Group, Coatue, and D1, with strategic participation from memory makers Samsung, SK Hynix, and Micron.
Is Anthropic going public?
It has taken the formal first step: a confidential draft S-1 filed June 1, 2026, with reporting pointing to a listing window as early as late 2026. The Series H was widely framed as the final private round. Exact timing remains unconfirmed until the filing goes public.
What revenue justifies a $965B valuation?
Anthropic's annualized revenue run-rate crossed $47 billion in May 2026 — up from roughly $9 billion at the end of 2025, one of the fastest revenue ramps in enterprise software history. At $965B that's roughly 21x current run-rate, which is aggressive in absolute terms but among the more grounded multiples in frontier AI given the growth rate.
How fast has Anthropic's valuation grown?
From $61.5B (March 2025) to $183B (September 2025) to $380B (February 2026) to $965B (May 2026) — a 15.7x increase in about 15 months, with each round driven primarily by the revenue ramp rather than narrative alone.
How current is this page?
The editorial above is dated as of June 2026; the signal feed below is live, drawn from the Teahose intel pipeline that extracts funding and deal events from podcasts, newsletters, and primary coverage daily. If a new round or the IPO lands, it shows up there first.