AI company valuations seem to be keeping pace with their usage and revenue.
Anthropic has raised $13 billion in a fresh funding round. The round was led by ICONIQ Capital along with Fidelity Management & Research Company and Lightspeed Venture Partners. The round values Anthropic at post money valuation of $183 billion . Anthropic had raised funds at a valuation of $61.5 billion in March this year, which means that its valuation has jumped 3x in the last six months.
“This investment will help us expand our capacity, improve model capabilities, and deepen our safety research,” Anthropic said. “We started 2025 at $1 billion in run-rate revenue and passed $5 billion just eight months later. This makes Anthropic one of the fastest-growing technology companies in history,” it added.
“From Fortune 500 companies to AI-native startups, our customers rely on Anthropic’s frontier models and platform products for their most important, mission-critical work,” said Krishna Rao, Chief Financial Officer of Anthropic. “We are seeing exponential growth in demand across our entire customer base. This financing demonstrates investors’ extraordinary confidence in our financial performance and the strength of their collaboration with us to continue fueling our unprecedented growth,” he added.
“Anthropic is on an exceptional trajectory, combining research excellence, technological leadership, and relentless focus on customers. We’re honored to partner with Dario and the team, and our lead investment in their Series F reflects our belief in their values and their ability to shape the future of responsible AI,” said Divesh Makan, Partner at ICONIQ. “Enterprise leaders tell us what we’re seeing firsthand—Claude is reliable, built on a trustworthy foundation, and guided by leaders truly focused on the long termm” he added.
Anthropic said it now serves over 300,000 business customers, and its number of large accounts, which have a revenue run-rate of more than $100,000, has grown nearly 7x in the past year. Claude Code seems to be accounting for much of this usage, and is generating over $500 million in run-rate revenue with usage growing more than 10x in just three months.
Companies that are valued at $61 billion don’t usually triple their valuation in 6 months, but AI is transforming entire businesses and industries, and breaking records in the process. Lovable recently became a unicorn within 8 months of being founded, and is among the fastest companies to reach a $100 million ARR. Anthropic too has the numbers to back it up — with its revenue run rate growing five times in 8 months, a tripling of valuation doesn’t seem unjustified. It remains to be seen how far it goes, but the AI train — at the moment — shows no signs of slowing down.