AI startup Anthropic announced on Monday that it has raised $3.5 billion in a Series E funding round, bringing its post-money valuation to $61.5 billion. The investment was led by Lightspeed Venture Partners, with participation from notable firms including Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Jane Street, Menlo Ventures, and Salesforce Ventures. According to Crunchbase, this latest round brings Anthropic’s total funding to $18.2 billion.

Strategic Growth and Expansion

Anthropic plans to leverage this substantial investment to further develop its next-generation AI systems, scale its compute capacity, and deepen its research into mechanistic interpretability and AI alignment. Additionally, the company aims to accelerate its international expansion, ensuring its AI models can serve as effective collaborators across industries.

In a blog post, Anthropic stated: “With this investment, Anthropic will advance its development of next-generation AI systems, expand its compute capacity, deepen its research in mechanistic interpretability and alignment, and accelerate its international expansion. Anthropic is focused on developing AI systems that can serve as true collaborators, working alongside teams to tackle complex projects, synthesize information across fields, and help organizations achieve outsized impact.”

Advancements in AI Models

The fundraising news follows the launch of Claude 3.7 Sonnet, Anthropic’s latest flagship AI model featuring “hybrid reasoning” capabilities. Unlike traditional AI chatbots that require users to select from multiple models based on cost and capability, Anthropic aims to streamline the experience by designing models that handle all tasks seamlessly.

Revenue Growth and Financial Strategy

Anthropic’s revenue trajectory has been on an upward trend, with an annual revenue run rate of approximately $1 billion in 2024. The company has reported a 30% increase in revenue so far in 2025, driven largely by API sales and subscriptions to its Claude AI chatbot. However, the company is also making significant financial investments, expecting to burn through $3 billion this year, according to reports from The Information.

To enhance profitability, Anthropic has introduced new tools and subscription tiers, including AI-powered “agents,” a desktop client, and mobile applications. Additionally, the company has expanded its global presence by opening offices in Europe and hiring key industry leaders such as Instagram co-founder Mike Krieger, OpenAI co-founder Durk Kingma, and former OpenAI safety researcher Jan Leike.

Strengthened Partnership with Amazon

Amazon has emerged as a major investor and strategic partner in Anthropic. In November 2024, Amazon invested an additional $4 billion into the AI startup and has since collaborated with Anthropic to optimize its custom AI chips, Trainium, for model training workloads. Furthermore, Anthropic’s models are now integrated into Amazon’s enhanced Alexa+ virtual assistant experience.

A Competitor to OpenAI

Anthropic was founded in 2021 by CEO Dario Amodei, a former VP of research at OpenAI, who reportedly left due to disagreements over OpenAI’s strategic direction. Amodei was joined by several ex-OpenAI employees, including former policy lead Jack Clark. Since its inception, Anthropic has positioned itself as a safety-first AI company, often contrasting its approach with OpenAI’s more aggressive development strategy.

With its latest funding round, Anthropic is poised to further establish itself as a leader in the AI space, advancing research and expanding its market reach while ensuring AI safety remains at the forefront of its mission.