Anthropic secures $30B Series G, valuation soars to $380B

anthropic-secures-$30b-series-g,-valuation-soars-to-$380b
Anthropic secures $30B Series G, valuation soars to $380B
Anthropic Raises $30B at $380B Valuation

Anthropic said Thursday that it has finalized a $30 billion Series G financing, assigning the company a $380 billion post-money valuation. The new valuation more than doubles the $183 billion level recorded in September during its Series F round. Bloomberg had reported elements of the deal earlier in the week.

The financing was led by Singapore sovereign wealth fund GIC, together with Coatue. Co-leads included D. E. Shaw Ventures, Dragoneer, Founders Fund, founded by Peter Thiel, ICONIQ, and MGX, based in Abu Dhabi. 

Additional participants in the round were Accel; Addition; Alpha Wave Global; Altimeter; AMP PBC; Appaloosa LP; Baillie Gifford; Bessemer Venture Partners; affiliated funds of BlackRock; Blackstone; D1 Capital Partners; Fidelity Management & Research Company; General Catalyst; Greenoaks; Growth Equity at Goldman Sachs Alternatives; Insight Partners; Jane Street; JPMorganChase through its Security and Resiliency Initiative and Growth Equity Partners; Lightspeed Venture Partners; Menlo Ventures; Morgan Stanley Investment Management; NX1 Capital; Qatar Investment Authority (QIA); Sands Capital; Sequoia Capital; Temasek; TowerBrook; TPG; Whale Rock Capital; and XN. The round also contains a portion of previously disclosed investments from Microsoft and NVIDIA, which stated in November that they intend to commit up to $5 billion and up to $10 billion.

With this transaction, Anthropic now holds the second-largest private technology fundraising round ever completed. OpenAI remains ahead after closing a financing of more than $40 billion led by SoftBank last year. Before those transactions, Ant Group completed a $14 billion capital raise in 2018. OpenAI is currently in discussions to secure another $100 billion, a move that could lift its valuation to roughly $830 billion. CNBC previously reported that OpenAI is pursuing a round near $100 billion as it strengthens its cash reserves following $1.4 trillion in infrastructure agreements signed last year.

The scale of fundraising reflects the high cost of building and training advanced AI systems. Anthropic and OpenAI allocate substantial capital toward computing resources, including Nvidia graphics processing units. They also compete with Google, which has said it plans to spend as much as $185 billion this year on capital expenditures while investing heavily in Gemini.

Anthropic, founded in 2021 by former OpenAI researchers and executives, has expanded quickly. Fewer than three years have passed since the company recorded its first revenue. Its run-rate revenue now stands at $14 billion, after revenue last year totaled about $10 billion. The company states that this figure has increased more than tenfold annually in each of the past three years.

Enterprise customers account for the majority of revenue. Chief Executive Officer Dario Amodei told CNBC last month that approximately 80% of Anthropic’s business comes from enterprises. The number of customers generating more than $100,000 in annual run-rate revenue on Claude has grown sevenfold over the past year. Two years ago, about twelve customers spent over $1 million annually; today, that count exceeds 500. Eight of the Fortune 10 companies use Claude. Organizations that begin with one use case—API access, Claude Code, or Claude for Work—extend adoption throughout their companies.

Claude Code became available to the general public in May 2025. Its run-rate revenue has surpassed $2.5 billion and has more than doubled since the beginning of 2026. Weekly active users have doubled since January 1. Business subscriptions have increased fourfold since the start of 2026, and enterprise customers generate more than half of Claude Code’s revenue. An analysis recently estimated that 4% of all public GitHub commits worldwide were authored by Claude Code, twice the proportion measured one month earlier.

In January alone, Anthropic introduced more than thirty products and features. Among them was Cowork, which extends Claude Code’s engineering capabilities into knowledge work. Cowork includes eleven open-source plugins that configure Claude for specialized functions in sales, legal, or finance. The company also expanded into healthcare and life sciences, with Claude for Enterprise becoming available to organizations operating under HIPAA. According to Anthropic, the same capabilities used for coding now apply to financial and data analysis, sales operations, cybersecurity, and scientific discovery.

Earlier this month, Anthropic released Claude Opus 4.6. The company says the model improves performance in coding and in producing professional work products such as documents, spreadsheets, and presentations. Opus 4.6 ranks first globally on GDPval-AA, a benchmark measuring performance on economically valuable knowledge work tasks across finance, legal, and related fields.

The new capital will fund frontier research, product development, and infrastructure expansion. Claude is available on Amazon Web Services through Bedrock; Google Cloud through Vertex AI; and Microsoft Azure through Foundry. Anthropic trains and runs Claude on AWS Trainium, Google TPUs, and NVIDIA GPUs, distributing workloads across multiple hardware platforms.

Krishna Rao, Anthropic’s Chief Financial Officer, said in a statement: “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. This fundraising reflects the incredible demand we are seeing from these customers.”