Key Takeaways
- Anthropic’s revenue run rate surged to $47 billion by May 2026.
- Matt Murphy highlights unprecedented growth in his 25 years of investing.
- Menlo Ventures led a $500 million Series D funding round for Anthropic.
- Murphy discusses the factors behind the startup’s rapid ascent.
Anthropic’s Remarkable Growth
Anthropic has experienced a staggering increase in its revenue run rate, reaching $47 billion by May 2026, a significant jump from $9 billion in 2025. This level of growth is something Matt Murphy of Menlo Ventures has not witnessed in his 25 years of investing, spanning various tech booms including the internet and mobile revolutions.
Backing Anthropic Early
Murphy, who led Anthropic’s $500 million Series D funding round, has been closely involved with the company since its early days. He backed Anthropic when few others would, believing in its potential even before it launched its services. During a recent episode of TechCrunch’s Equity podcast, he shared insights on why the model itself was never the primary focus of investment decisions.
Insights from the Podcast
In his conversation with Julie Bort, Murphy elaborated on the factors driving the fastest-growing startups he has encountered. He emphasized that while many might look to the business model as the key to success, other elements play a more significant role in this rapid growth.
Upcoming Events
As the tech industry continues to evolve, events like Disrupt 2026 will showcase leading companies, including Anthropic, OpenAI, and Replit, across multiple stages. Attendees can expect to gain valuable insights into the future of technology and innovation.