Anthropic Valuation Surge 2023–2026
Anthropic Valuation Surge: 2023 → 2026
From $5B early-stage startup to within touching distance of $1 trillion
$5B
2023
SKT Invests
Early
$50B
Mid 2024
Series E
10×
$160B
Late 2024
Series F-G
32×
$380B
Feb 2026
Pre Series H
76×
$965B
May 2026
Series H
193×
$65B
Series H capital raised — single largest VC round in history
2.54×
Valuation jump in just 3 months (Feb → May 2026)
$47B
Annualized Revenue Run Rate (ARR) as of May 2026
$10.9B
Q2 2026 quarterly revenue — first path to operating profitability
Source: Anthropic Series H investor materials, Bloomberg, and Korean Semiconductor Industry Association estimates. Intermediate valuations interpolated from public funding disclosures.