Anthropic gets USD30b at USD380b valuation as Claude Code revenue surges
The news: Anthropic has completed a USD30 billion funding round at a USD380 billion valuation, roughly doubling its prior valuation and making it one of the most valuable private companies in the world.
The round was led by GIC and Coatue and co-led by D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ and MGX, with significant participation from investors including Sequoia, Lightspeed, Blackstone, affiliated funds of BlackRock, Microsoft, Nvidia and others.
The context: Anthropic is spending heavily on infrastructure and has previously said it will invest USD50 billion in US data centres. While Anthropic has not formally announced IPO plans, multiple reports say it is preparing for a public listing as early as this year, and The Wall Street Journal last week reported the company has told financial partners it is open to listing by the end of 2026
It said the funding will support its infrastructure expansion and development of enterprise-grade products and models. It will allow employees to sell shares at the new valuation, which roughly doubles its previous valuation from late 2025.
It comes as Anthropic said its revenue run rate has risen from USD9 billion last year to USD14 billion. Claude Code alone has surpassed USD2.5 billion in run-rate revenue, more than doubling since early 2026, it said, adding that weekly active user numbers have also doubled since 1 January.
“A recent analysis estimated that 4% of all GitHub public commits worldwide were being authored by Claude Code—double the percentage from just one month prior,” it said in a statement.
Anthropic has over 500 customers spending more than USD1 million annually, with around 80% of its revenues coming from enterprise customers.
The sources: Anthropic, The Financial Times