Sources: Anthropic could raise a new $50B round at a valuation of $900B
Source: TechCrunch
Overview
Investor interest in Anthropic has reached a feverish pitch.
Investor Interest and Funding Offers
The maker of the Claude AI assistant has received multiple pre‑emptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. Bloomberg and Business Insider reported earlier this month that Anthropic received multiple pre‑emptive bids at an $800 billion valuation, but at that time the company had not yet committed to a fundraise.
Potential Funding Round
Sources say Anthropic is finding it difficult to resist the pressure to secure more funding in what could be its final round of private fundraising before a potential IPO. The company is expected to make a definitive decision on the round and its valuation at a board meeting in May, one person told TechCrunch.
- The round is expected to total $40 billion to $50 billion.
- Investor demand appears to be much higher given the company’s rapid growth.
- One institutional investor prepared to commit as much as $5 billion has yet to secure a meeting with Anthropic CFO Krishna Rao, according to a source.
Revenue Growth
Anthropic announced this month that its annual revenue run rate has surpassed $30 billion, a dramatic increase from roughly $9 billion at the end of 2025. One of the people with knowledge of the company’s financials said the run rate is currently closer to $40 billion.
Anthropic declined to comment.
A large portion of that revenue is driven by Anthropic’s AI coding capabilities, specifically through its Claude Code and Cowork platforms. Many investors believe the company is only scratching the surface of its potential, given the massive opportunity to expand its offerings into new industries, including finance, life sciences, and healthcare.
Previous Funding Round
Anthropic raised its last round at a $380 billion valuation in February 2026. If the company proceeds with another fundraise on the terms described by TechCrunch’s sources, it will more than double its valuation and potentially match or surpass that of its chief rival. In the same month, OpenAI closed a record‑breaking $122 billion round at an $852 billion post‑money valuation.