Anthropic Raises $30B At $380B Valuation In Second-Largest Venture Funding Deal Of All Time

Generative AI company Anthropic announced Thursday that it raised $30 billion in a massive Series G funding round that values it at $380 billion post-money. The financing marks the largest venture funding deal of 2026 so far and the second-largest of all time, per Crunchbase data, following only rival OpenAI’s $40 billion funding in 2025.
GIC and Coatue led the raise, which was also “co-led” by D.E. Shaw & Co. Ventures, Dragoneer Investment Group, Founders Fund, Iconiq Capital and MGX, according to the company. A slew of other backers participated in the round as well, and included previously announced investments from Microsoft and Nvidia.
With this round, San Francisco-based Anthropic has now raised nearly $64 billion since its 2021 inception, per Crunchbase.
The Claude chatbot developer remains the second-most highly valued generative AI startup behind rival OpenAI, which in October secured financing at a $500 billion valuation. Anthropic is also the fourth-most highly valued private company in the world, per Crunchbase data. It and OpenAI are reportedly both considering IPOs this year.
Anthropic’s growth
Anthropic says its run-rate revenue is now over $14 billion, a figure it claims grew over 10x annually in each of the past three years since it “earned its first dollar in revenue.”
The number of customers spending over $100,000 annually on Claude (as represented by run-rate revenue) has grown 7x in the past year, the company added.
Anthropic says the investment will fuel frontier research, product development and infrastructure expansions.
“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, in a statement. “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.”
Chris Emanuel, head of the technology investment group at GIC, said in a statement that his firm believes that “Anthropic’s thoughtful approach to AI development is changing the way enterprises operate.”
He added: “Our partnership and continued investment reflects our conviction in their visionary leadership team and technical depth as they expand access to advanced AI tools.”
Related Crunchbase queries:

Largest Private Financings To Venture-Backed Companies
Rounds Raised By Startups Using AI
The Crunchbase Private Unicorn Company List
Unicorns in the U.S.

Related reading:

The Crunchbase Unicorn Board
Yes, I’m Biased. But Still, Leading Unicorns Like Anthropic Should Be Prepping For IPOs
In The Era Of Unicorn Valuation Escalation, A Trillion Dollars Isn’t What It Used To Be
These Were The Largest Funding Rounds Of 2025
Robotics Startup Skild AI Lands $1.4B, Tripling Valuation To $14B In Just 7 Months

Illustration: Dom Guzman