$ANT Pre-IPONasdaq Global SelectS-1 filed Oct 26Expected: Mid-November 2026 (reported)H1 2026 revenue $16.3BQ3 2026 revenue $16.8BH1 2026 net loss $80.7BCash & equivalents $112.4BHaiku 5.5 $0.10/M inOpus 5.5 $4/M in
The Big Ant

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Company · Money in, money out

Investments

Who has invested in Anthropic and on what terms, and what Anthropic has bought and backed.

Funding rounds and strategic investors

8

Series H

$65B

$65B at $965B post-money · May 28, 2026

Led by Altimeter, Dragoneer, Greenoaks and Sequoia, and co-led by Capital Group, Coatue, D1, GIC, ICONIQ and XN. Includes $15B previously committed by hyperscalers, $5B of it from Amazon.

Source: Anthropic

Amazon

$13B in + $20B

Strategic investor · Apr 20, 2026

Invested $8B in earlier rounds, $5B in April 2026, and committed up to $20B more. Per the S-1, $6.2B of convertible notes were outstanding, $15B is available under the 2026 agreement, and Amazon's stake is capped at 12%.

Source: Anthropic

Google

Up to $20B

Strategic investor

Earlier notes have converted to non-voting preferred stock. The 2026 agreement makes up to $20B available, plus an option to buy up to $10B of stock alongside the IPO.

Source: S-1 prospectus

Microsoft & NVIDIA

Up to $15B

Strategic investors · Nov 18, 2025

NVIDIA committed up to $10B and Microsoft up to $5B, alongside Anthropic's $30B Azure compute commitment.

Source: Anthropic

AMD

Up to $5B

Strategic investor · Jul 22, 2026

Will buy up to $5B of Class N shares in stages as GPU delivery milestones are met. The first milestone is expected in 2027.

Source: CNBC

Broadcom financing

Up to $42B

Infrastructure notes

Up to $42B of convertible notes, usable only for rent on leased infrastructure. None were outstanding as of June 30, 2026.

Source: S-1 prospectus

Spark Capital

≈$440M in H-1

Venture investor

Has invested in every preferred round from Series C-1 through H-1, including about $440M in Series H-1. Partner Yasmin Razavi sits on the board.

Source: S-1 prospectus

April 2026 tender offer

$4.66B

Secondary sale

A stockholder group bought 179.9M Class A shares at $25.91 each. Sellers included Dario and Daniela Amodei and Krishna Rao.

Source: S-1 prospectus

Acquisitions

6

The S-1 shows goodwill rising from $154M at the end of 2025 to $576M by June 30, 2026, a sign of acquisition spending. Most deal prices were not disclosed.

Bun

Undisclosed

JavaScript runtime · Dec 3, 2025

The runtime that powers Claude Code. Anthropic bought it to speed up and stabilize Claude Code.

Source: Anthropic

Vercept

Undisclosed

Computer-use agents · Feb 25, 2026

Maker of Vy, a cloud computer-use agent that can operate a remote Mac.

Source: TechCrunch

Coefficient Bio

≈$400M reported

AI drug discovery · Apr 2026

A computational biology startup bought to speed up life-sciences research. The S-1 says the deal closed in April 2026.

Source: pharmaphorum

Stainless

>$300M reported

SDK generation · May 18, 2026

Automates SDKs from API specs and is used by OpenAI, Google and Cloudflare. The Information reported talks above $300M.

Source: TechCrunch

Opaque Systems

Undisclosed

Confidential AI · Oct 2026

Technology that lets AI use sensitive data under hardware protection. The team joined Anthropic and Opaque is winding down.

Source: SecurityWeek

Decart (abandoned)

$6B (not completed)

Talks ended · Sep 2026

Anthropic reportedly ended talks to buy Decart in a deal valued around $6B.

Source: Yahoo Finance

Funds and commitments

4

Anthology Fund

$100M

With Menlo Ventures

A $100M fund for pre-seed to Series A AI startups. Anthropic provides model access, expertise and free credits.

Source: Menlo Ventures

Equity-method investments

Up to $325M

Minority stakes

Funding commitments of up to $325M, of which $265M was unfunded as of June 30, 2026.

Source: S-1 prospectus

Genesis Mission

$150M

US science initiative

$150M over three years for the federal Genesis Mission.

Source: Anthropic

Claude Partner Network

$100M

Partner ecosystem

$100M for partner training, technical support and joint market development in 2026.

Source: S-1 prospectus

Compiled from Anthropic's Form S-1 (filed Oct 26, 2026), Anthropic's own pages and the publications linked on each entry. The registration statement is not yet effective and figures may change. Not investment advice.

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