Funding round
Anthropic Series F
Anthropic, which works in AI system development in San Francisco, raised $13.00B in a Series F round announced on 2 Sep 2025, led by ICONIQ and Lightspeed Venture Partners, at a $183.00B post-money valuation. 20 firms took part. It is Anthropic's 11th venture round on record; the one before was a Series E in Mar 2025.
$13.00B
Amount raised
$183.00B
Post-money valuation
$170.00B pre-money
20
Investors
2 leads
3.0x
Step-up from the Series E
$61.50B in Mar 2025
7.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Anthropic at $183.00B after the new money, 3.0 times the $61.50B of its Series E (Mar 2025). The $13.00B bought investors about 7.1% of the company. It came 6 months after Anthropic's Series E. It is 9.7% of the $133.85B Anthropic has raised in the venture rounds on record. Anthropic raised again 5 months later: a Series G round of $30.00B in Feb 2026, at $380.00B post-money.
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 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 this round 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
ICONIQ and Lightspeed Venture Partners led the round with 18 other firms.
Lead investors
- ICONIQ new investor
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Also in the round
- Altimeter backs 67 venture-backed companies new investor
- Baillie Gifford new investor
- BlackRock new investor
- Blackstone backs 83 venture-backed companies new investor
- Coatue backs 229 venture-backed companies new investor
- D1 Capital Partners new investor
- General Atlantic backs 134 venture-backed companies new investor
- General Catalyst backs 574 venture-backed companies new investor
- GIC backs 98 venture-backed companies new investor
- Growth Equity at Goldman Sachs Alternatives new investor
- Insight Partners backs 548 venture-backed companies new investor
- Jane Street new investor
- Ontario Teachers’ Pension Plan backs 35 venture-backed companies new investor
- Qatar Investment Authority backs 71 venture-backed companies new investor
- TPG backs 114 venture-backed companies new investor
- T. Rowe Price Associates, Inc. new investor
- WCM Investment Management new investor
- XN new investor
Comparable rounds
How it compares
23 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $175M, and this round was 74 times the median. The closest in time, other companies' Series F rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Uniphore Tech Companies | 22 Oct 2025 | $260M | $2.50B | NVIDIA and AMD |
| Whatnot Tech Companies | 28 Oct 2025 | $225M | $11.50B | DST Global and CapitalG |
| Tech Companies | 5 Nov 2025 | $100M | $700M | Goldman Sachs and A91 Partners |
| Applied Intuition Tech Companies | 17 Jun 2025 | $600M | $15.00B | BlackRock and Kleiner Perkins |
| Perplexity Tech Companies | 1 Dec 2025 | $500M | $20.00B | not named |
| Tech Companies | 17 Jun 2025 | $235M | not disclosed | Dragoneer Investment Group |
| Harvey Tech Companies | 4 Dec 2025 | $160M | $8.00B | Andreessen Horowitz |
| Glean Tech Companies | 10 Jun 2025 | $150M | $7.20B | Wellington Management |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Anthropic raise in its Series F round?
Anthropic raised $13.00B in its Series F round, announced in Sep 2025.
Who led Anthropic's Series F round?
ICONIQ and Lightspeed Venture Partners led it, with Altimeter, Baillie Gifford, BlackRock, Blackstone and Coatue and 13 more.
What was Anthropic's valuation at the Series F round?
$183.00B post-money ($170.00B pre-money).
How does it compare with other Series F rounds in Tech Companies?
23 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $175M, and this round was 74 times the median.
Did Anthropic raise again after this round?
Yes: a Series G round in Feb 2026 of $30.00B at $380.00B post-money.