Private Market View

Anthropic

Business/Productivity Software · San Francisco, CA · Founded 2021 · In IPO Registration

PA Mark · $/share
$610
Sep 2026
Implied valuation
$1.0T
Total raised
$68.2B
Last round
Debt - General
Jun 2026

Capitalization table

16 share classes, by liquidation seniority · as of Sep 2025
ClassLiq. prefIssue price
Series F-1
Series F-2
Series F-3
Series F-4
Series E-1
Series E-2
+ 10 more classes · a free account shows the full cap table
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Reading Anthropic's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked

How many share classes does Anthropic have?
Anthropic has 16 recorded share classes, listed by liquidation seniority — Series F-1 is the most senior.
How many shares has Anthropic authorized?
Across its 16 recorded classes, Anthropic has authorized 455,817,979+ shares.
Where does Anthropic's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Anthropic's 17 recorded funding rounds.