Anthropic Officially Announces $6.5 Billion Series H Funding Round at $96.5 Billion Valuation

Anthropic Officially Announces $6.5 Billion Series H Funding Round at $96.5 Billion Valuation

Anthropic states that it closed a $6.5 billion Series H round at a $96.5 billion post-money valuation, with the capital earmarked for research and capacity expansion as annualized revenue surpassed $4.7 billion.

Fact Check
Anthropic's official X account confirms a $65 billion Series H raise at a $965 billion post-money valuation, directly matching the claim's headline figures.
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Summary

Anthropic officially announced a $6.5 billion Series H funding round at a $96.5 billion post-money valuation, correcting earlier reports that cited much larger figures. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia. According to the company, the new capital will be used to support research and capacity expansion, and its annualized revenue exceeded $4.7 billion earlier this month.

Terms & Concepts
  • Series H: A late-stage private funding round in which a company raises additional capital from investors before a potential public listing.
  • Post-money valuation: A company’s valuation immediately after new investment from a funding round is included.
  • Funding round: A capital raise in which a private company secures investment from backers, typically in exchange for equity or related ownership rights.