Anthropic — Funding History

Led by GIC and Coatue; co-leads D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, MGX. Second-largest venture deal ever. ARR ~$14B.

Microsoft up to $5B equity + Nvidia up to $10B equity. Tied to $30B Azure compute purchase and 1GW Nvidia compute commitment. Makes Claude available on all 3 major clouds. Valuation ~$350B.

Led by ICONIQ, Fidelity, Lightspeed. ARR had reached $4B. ~7.1% dilution.

Led by Lightspeed Venture Partners. ~5.7% dilution.

Brings total Google equity investment to ~$3.3B; current stake ~14%

Brings total Amazon investment to $8B. Convertible notes.

Completing initial $4B commitment. Convertible notes; partially converted to equity in Q1 2025.

Led by Menlo Ventures. Talks reported Dec 2023; closed Feb 2024. ~4.1% dilution.

Part of up-to-$2B commitment; board observer seat. Largest single Google tranche.

First tranche of up-to-$4B commitment. Convertible note structure; equity capped at <33%. AWS becomes primary cloud and training partner.

Led by Spark Capital

Initial Google investment for ~10% stake. Reported February 2023. Included Google Cloud partnership.

FTX/SBF's portion of the $580M Series B. Listed separately because FTX held the shares directly (~8% stake) and they were later sold in bankruptcy for ~$884M to 24 institutional investors (Jane Street, Fidelity, etc.).

Led by Spark Capital. ~14.5% dilution.

Jaan Tallinn led, Dustin Moskovitz and Eric Schmidt participated. ~22.5% dilution ($124M / $550M post-money).

Seed round; amount undisclosed (estimated $10-30M based on typical AI startup seeds of this era). Seed investors named in Series A announcement.

Company incorporation; initial equity allocation to 7 co-founders. ~60-70% total equity to founders pre-dilution.