Anthropic's Claude Code revenue doubled since Jan. 1
Anthropic said its annual revenue run rate is $14 billion as Claude Code hit an inflection point. The company raised $30 billion in funding at a valuation of $380 billion.
The company said the Series G funding was led by GIC and Coatue and co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. The list of significant investors is long as Anthropic is planning to go public.
Anthropic noted that the investment will be used for research, product development and infrastructure.
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Key items from Anthropic's announcement:
- The number of customers spending more than $100,000 annually on Claude has grown 7x in the past year. Anthropic said that stat is based on run rate revenue.
- Businesses that start with Claude for one use case such as API, Claude Code and Claude for Work are expanding integrations.
- More than 500 customers are spending more than $1 million a year with Anthropic.
- Claude Code annual run-rate revenue is more than $2.5 billion and has doubled since Jan. 1.
- Business subscriptions to Claude Code have quadrupled since Jan. 1.
- Anthropic launched more than 30 products and features in January.
Anthropic's Claude Cowork along with Claude Code are credited with causing the SaaS train wreck on Wall Street.
About Larry Dignan: Dignan was most recently Celonis Media’s Editor-in-Chief, where he sat at the intersection of media and marketing. He is the former Editor-in-Chief of ZDNet and has covered the technology industry and transformation trends for more than two decades, publishing articles in CNET, Knowledge@Wharton, Wall Street Week, Interactive Week, The New York Times, and Financial Planning. He is also an Adjunct Professor at Temple University and a member of the Advisory Board for The Fox Business School's Institute of Business and Information Technology. Constellation Insights does the following: Cover the buy side and sell side of enterprise tech with news, analysis, profiles, interviews, and event coverage of vendors, as well as Constellation Research's community and…...
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