Overview

• The Series F was co-led by Iconiq, Fidelity Management & Research Company, and Lightspeed Venture Partners, with participants including Qatar Investment Authority, Blackstone, BlackRock, Coatue, Altimeter, D1 Capital Partners, Insight Partners, and Ontario Teachers’ Pension Plan.
• Run-rate revenue climbed from about $1 billion at the start of 2025 to more than $5 billion by August, according to the company.
• Anthropic says it now serves more than 300,000 business customers, and the number of large accounts over $100,000 in run-rate revenue grew nearly sevenfold in the past year.
• Developer product Claude Code has exceeded $500 million in run-rate revenue, with usage up more than tenfold in the past three months.
• The investor mix includes sovereign wealth capital, and a memo reported by Wired quoted CEO Dario Amodei expressing discomfort with taking funds from some state-backed sources.