Funding round
Anthropic Series A
Anthropic, which works in AI system development in San Francisco, raised $124M in a Series A round announced on 28 May 2021, led by Ambient Sound Investments, at a $550M post-money valuation. 5 firms took part. It is Anthropic's first venture round on record.
$124M
Amount raised
$550M
Post-money valuation
$426M pre-money
5
Investors
1 lead
23%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Anthropic at $550M after the new money. The $124M bought investors about 23% of the company. It is Anthropic's first venture round on record, in the year it was founded (2021). It is under 1% of the $133.85B Anthropic has raised in the venture rounds on record. Anthropic raised again 11 months later: a Series B round of $730M in Apr 2022. Its next priced round, a Growth in Mar 2023, valued it at $4.10B.
Anthropic's funding rounds
Anthropic has 13 venture rounds on record. This one is highlighted.
- Series A this round 28 May 2021, led by Ambient Sound Investments $124M$550M post-money
- Series B 30 Apr 2022 $730M
- Growth 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
Ambient Sound Investments led the round with 4 other firms.
Lead investor
- backs 3 venture-backed companies
Also in the round
- Center for Emerging Risk Research new investor
- James McClave
- Dustin Moskovitz
- Innovation Endeavors backs 110 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,741 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 10 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Forte Tech Companies | 20 May 2021 | $185M | $1.00B | Griffin Gaming Partners |
| Tech Companies | 26 May 2021 | $50M | not disclosed | Morgan Stanley |
| Vanta Tech Companies | 4 May 2021 | $50M | $500M | Sequoia Capital |
| Tech Companies | 23 May 2021 | $43M | not disclosed | Apax Partners |
| Tech Companies | 24 May 2021 | $40M | not disclosed | Morningside Technology Ventures |
| Tech Companies | 26 May 2021 | $35M | not disclosed | Guidepost Growth Equity |
| Tech Companies | 11 May 2021 | $33M | not disclosed | Maveron and Corner Ventures |
| Tech Companies | 25 May 2021 | $26M | not disclosed | Benchmark |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Anthropic raise in its Series A round?
Anthropic raised $124M in its Series A round, announced in May 2021.
Who led Anthropic's Series A round?
Ambient Sound Investments led it, with Center for Emerging Risk Research, James McClave, Dustin Moskovitz and Innovation Endeavors.
What was Anthropic's valuation at the Series A round?
$550M post-money ($426M pre-money).
How does it compare with other Series A rounds in Tech Companies?
1,741 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 10 times the median.
Did Anthropic raise again after this round?
Yes: a Series B round in Apr 2022 of $730M.