Anthropic is a San Francisco–based AI company founded in 2021 by former OpenAI research leaders, including CEO Dario Amodei. Anthropic focuses on building large-scale AI systems with a safety-first approach, using its proprietary “Constitutional AI” method to align model behavior with human values. Its flagship product family, Claude, includes the Claude 3 and Claude 4 series, ranging from the high-performance Opus models to the faster, lower-latency Sonnet and Haiku tiers, offering advanced reasoning, coding, and enterprise-grade capabilities. Claude is available via Anthropic’s API, AWS Bedrock, Google Vertex AI, and select enterprise integrations, including Databricks and GitHub Copilot.
The company also maintains partnerships in the defense sector, including a $200 million U.S. Department of Defense contract awarded in July 2025.
Anthropic closed a $3.5 billion Series E in March 2025, led by Lightspeed Venture Partners with participation from Bessemer, Menlo Ventures, Salesforce Ventures, Fidelity, and General Catalyst, at a $61.5 billion post-money valuation.
Demand for Anthropic's models has grown exponentially in 2025 and revenue has grown in parallel, with ARR jumping from $1B in Dec 2024 to $5B+ in July 2025. Additionally, Anthropic is now the leading model for enterprise, successfully ousting OpenAI from the top spot this summer as the demand for coding applications, predominantly powered by Anthropic, exploded.
Anthropic's ARR:
EOY 2022 $10M
EOY 2023 $100M
Dec 2024 $1B
Mar 2025 $2B
May 2025 $3B
July 2025 $5B
Anthropic originally estimated EOY 2025 ARR at $2.2B, now it sees it at $9B.
ICONIQ Capital is leading a new $3-$5B round in Anthropic at a $170B post-money valuation. The round is expected to be significantly oversubscribed.
This opportunity is limited to qualified purchasers only. Allocation is available on a first come, first-served basis.
You will need to confirm that you know Duende Capital Partners Corporation and have a pre-existing relationship on Sydecar in order to participate in the opportunity. Duende is our partner on this allocation.
Disclaimers and instructions:
This investment opportunity is available to accredited investors only. Members interested in participating will need to register and confirm their accreditation status on Sydecar. You can begin this process by clicking "Learn More"
The opportunity is made available by KCA Select Ventures, LLC, through Sydecar, an industry-leading platform ensuring compliance, security, capital transfers, distributions.
You will need to confirm that you know Duende Capital Partners Corporation or Brady Mason and have a pre-existing relationship on Sydecar in order to participate in the opportunity. Duende is our partner on this allocation.
Investments in private companies are high-risk and illiquid.