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
What is Anthropic worth?
$1.0Timplied by the PA Mark · Sep 2026

Anthropic last raised $34.5B in its Debt - General (Jun 2026).

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Valuation timeline

11 marks · May 2021 – Sep 2026
Series A9 roundsPA Mark
log scale
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Funding history

17 rounds
DateRoundRaisedPost-money
Jun 2026Debt - General$34.5B
Jun 2026IPO
May 2026Series H$65.0B
Feb 2026Series G$30.0B
Sep 2025Secondary Transaction - Private
Sep 2025Series F$13.0B
+ 11 earlier rounds · a free account shows the full history

How Anthropic's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Anthropic, we compose those signals into the PA Mark — a weighted composite of 11 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is Anthropic worth?
Anthropic's implied valuation is $1.0T, based on the PA Mark composite price of about $610 per share as of Sep 2026.
How much has Anthropic raised?
Anthropic has raised $68.2B in total funding across 17 recorded rounds.
When did Anthropic last raise?
Anthropic last raised in Jun 2026 (Debt - General), raising $34.5B.