Funding round
Anthropic Growth
Reported as "Growth Equity"
Anthropic, which works in AI system development in San Francisco, raised $300M in a Growth round announced on 8 Mar 2023, led by Spark Capital, at a $4.10B post-money valuation. 2 firms took part. It is Anthropic's third venture round on record; the one before was a Series B in Apr 2022.
$300M
Amount raised
$4.10B
Post-money valuation
$3.80B pre-money
2
Investors
1 lead
7.5x
Step-up from the Series A
$550M in May 2021
7.3%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Anthropic at $4.10B after the new money, 7.5 times the $550M of its Series A (May 2021). The $300M bought investors about 7.3% of the company. It came 11 months after Anthropic's Series B. It is under 1% of the $133.85B Anthropic has raised in the venture rounds on record. Anthropic raised again 2 months later: a Series C round of $450M in May 2023. Its next priced round, a Growth in Oct 2023, valued it at $60.00B.
Anthropic's funding rounds
Anthropic has 13 venture rounds on record. This one is highlighted.
- Series A 28 May 2021, led by Ambient Sound Investments $124M$550M post-money
- Series B 30 Apr 2022 $730M
- Growth this round 8 Mar 2023, led by Spark Capital $300M$4.10B post-money
- Series C 23 May 2023, led by Spark Capital $450M
- Series D 1 Sep 2023, led by Amazon $8.00B
- Growth 1 Oct 2023 $2.00B$60.00B post-money
- Growth 27 Mar 2024 $2.75B
- Growth 22 May 2024 $4.00B
- Growth 22 Nov 2024, led by Amazon $4.00B
- Series E 3 Mar 2025, led by Lightspeed Venture Partners $3.50B$61.50B post-money
- Series F 2 Sep 2025, led by ICONIQ and Lightspeed Venture Partners $13.00B$183.00B post-money
- Series G 12 Feb 2026, led by GIC, Coatue and D. E. Shaw Group $30.00B$380.00B post-money
- Series H+ 28 May 2026, led by Altimeter, Dragoneer Investment Group and Greenoaks $65.00B$965.00B post-money
Investors
Who put money in
Spark Capital led the round with 1 other firm.
Lead investor
- Spark Capital backs 234 venture-backed companies new investor
Also in the round
- Google LLC new investor
Comparable rounds
How it compares
337 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 6.7 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 7 Mar 2023 | $175M | not disclosed | BuildGroup and Monroe Capital |
| Tech Companies | 1 Mar 2023 | $125M | not disclosed | not named |
| Tech Companies | 23 Mar 2023 | $108M | not disclosed | not named |
| Tech Companies | 8 Mar 2023 | $99M | not disclosed | not named |
| Tech Companies | 29 Mar 2023 | $90M | not disclosed | JMI Equity |
| Tech Companies | 9 Mar 2023 | $80M | not disclosed | PSG |
| Tech Companies | 7 Mar 2023 | $73M | not disclosed | Edison Partners |
| Tech Companies | 6 Mar 2023 | $50M | $1.80B | Polychain |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Anthropic raise in its Growth round?
Anthropic raised $300M in its Growth round, announced in Mar 2023.
Who led Anthropic's Growth round?
Spark Capital led it, with Google LLC.
What was Anthropic's valuation at the Growth round?
$4.10B post-money ($3.80B pre-money).
How does it compare with other Growth rounds in Tech Companies?
337 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $45M, and this round was 6.7 times the median.
Did Anthropic raise again after this round?
Yes: a Series C round in May 2023 of $450M.