Anthropic offers staff $6B share sale at staggering $350B valuation
Anthropic has initiated a share sale program for current and former employees, offering to purchase shares at a company valuation of approximately $350 billion. Bloomberg reported the initiative on Monday, noting the transaction could total between $5 billion and $6 billion. The final deal size is contingent on the number of eligible participants and has not been finalized. This liquidity event follows the company’s recent fundraising activities and provides an opportunity for staff to monetize equity in the high-value private firm.
The valuation utilized for the share sale aligns with the pre-money figure from Anthropic’s most recent fundraising round. The Series G round concluded on February 12 with a post-money valuation of $380 billion. This represents a significant increase from the $183 billion valuation set during the September 2025 Series F round. The Series G round raised $30 billion and was led by Singapore sovereign wealth fund GIC and Coatue Management. Participation included D.E. Shaw Ventures, Founders Fund, ICONIQ, and MGX.
Strategic investors Microsoft and Nvidia also contributed to the Series G round. Both companies had announced investment commitments in November, with Microsoft planning to invest up to $5 billion and Nvidia committing up to $10 billion. The round experienced excess investor demand, causing the target to nearly triple from an initial $10 billion goal. Since Anthropic’s founding in 2021, the company’s total funding has exceeded $57 billion. The $380 billion post-money valuation from the February 12 close represents more than a doubling of the company’s value within a five-month period.
Anthropic’s financial performance has accelerated in parallel with its fundraising. In early February, the company reported an annualized revenue run rate of $14 billion. This figure marks a substantial increase from approximately $1 billion in December 2024 and $9 billion at the close of 2025. Revenue generated by the coding tool Claude Code grew rapidly, more than doubling to over $2.5 billion in annualized run rate within a span of less than six weeks. The number of enterprise customers spending more than $100,000 annually climbed sevenfold over the past year.
The company has taken steps indicating preparation for a public market debut. In late 2025, Anthropic retained the law firm Wilson Sonsini to prepare for a potential initial public offering, which could occur as early as this year. Last week, the company appointed Chris Liddell to its board of directors. Liddell previously served as the chief financial officer for Microsoft and General Motors, and he guided General Motors through its $23 billion IPO in 2010. Anthropic appears on a watchlist of potential 2026 IPOs alongside OpenAI, which reportedly targets a valuation of up to $1 trillion, and SpaceX.