ICONIQ

Anthropic raises $13B Series F at $183B post-money valuation

Anthropic completed a $13 billion Series F round led by ICONIQ, Fidelity, and Lightspeed, valuing the company at $183 billion post-money. The company reports run-rate revenue grew from ~$1 billion at the start of 2025 to over $5 billion by August 2025, serving over 300,000 business customers. Claude Code, launched in May 2025, is already generating over $500 million in run-rate revenue with usage growing more than 10x in three months. Proceeds will fund enterprise capacity expansion, safety research, and international growth.