Anthropic, the creator of the popular AI assistant Claude, closed a $3.5 billion funding round led by Lightspeed Venture Partners, bringing its post-money valuation to $61.5 billion. This new round includes participation from prominent investors such as Bessemer, Cisco, General Catalyst, Jane Street, Menlo Ventures, and Salesforce Ventures among others.
The funding round follows a series of strategic investments over the past year, including two $4 billion commitments from Amazon and a $1 billion investment from Alphabet (Google’s parent company). The scale of these investments from leading hyperscale cloud providers indicates strong investor interest in Anthropic as it accelerates the development of frontier AI systems and enables the next generation of AI applications.
Recent product developments
The timing of this announcement follows the recent launch of Claude 3.7 Sonnet, Anthropic's newest AI model. Claude 3.7 introduces hybrid reasoning capabilities, allowing it to work through complex problems step-by-step before responding, with notable performance in coding and other technical applications.
Evolving AI capabilities
Anthropic’s funding and new model launch come at a very exciting time in AI. The new era of reasoning models like Claude 3.7 and OpenAI’s series of models mark an inflection point in AI capabilities.
Investment context
The continuing technical progress and capital investment in AI suggests continued growth opportunities in this sector. Anthropic continues to strengthen its position as a leader in AI by focusing on expanding compute capacity and going deep in areas like coding and creative writing.
We remain excited about Anthropic's trajectory and are thrilled our investors are able to participate in the growth of an AI leader.

