# What some of Anthropic’s backers are reportedly worth before its IPO — retained record

> Retained news record from news:digg-verification:techcrunch.com.

Canonical: https://highsignal.app/data/records/303db8865d1cf0e1

[← sources](https://highsignal.app/data)


source: [news](https://highsignal.app/data/news) (news:digg-verification:techcrunch.com)  published 2026-10-25 02:34 ingested 2026-10-25 02:34

[Anthropic PBC](https://highsignal.app/entities/ANTHROPIC)[original source ↗](https://techcrunch.com/2026/10/23/what-some-of-anthropics-backers-are-reportedly-worth-before-its-ipo/)

## retained text



```
Anthropic’s public listing, which is expected this year at a valuation of as much as $2 trillion, is bound to be a windfall for both early-stage and later-stage investors. But even at the company’s latest private market valuation of $965 billion, the stakes held by many of those VCs and early backers already total billions.
Coatue, which first backed Anthropic in 2025 at a $183 billion valuation and co-led the AI lab’s last two funding rounds, has poured a total of $4.75 billion into the company. That stake, based on the last round’s price, is now worth roughly $7.5 billion, according to a person familiar with the matter. Coatue declined to comment.
Below is what some other backers of Anthropic are worth based on the last round’s price, according to Bloomberg:
Eric Schmidt: The former Google CEO invested in Anthropic’s Series A in 2021, when the startup was valued at $461 million, according to PitchBook data. Today, Schmidt owns about 1% of the company, and even at its current private valuation, his stake is worth nearly $10 billion.
Iconiq: The investment outfit wrote a $6 billion check to Anthropic last year when the company was already valued at $183 billion. That massive late-stage bet is now worth $17 billion and has the potential to double at the IPO.
Menlo Ventures: The VC firm led Anthropic’s Series D and has invested more than $1 billion in the company over time, a stake now worth $14 billion.
Sequoia: The famed VC firm backed the AI lab for the first time only earlier this year, when the company was already valued at $380 billion. The $3 billion investment gave it about 1% ownership, which means it has already more than doubled its investment.
Sound Ventures: The firm, launched by Guy Oseary and actor Ashton Kutcher, invested $35 million in Anthropic’s 2023 Series C round and has since funneled an additional $400 million into the company, resulting in a stake that’s worth billions now. (Kutcher left Sound Ventures this year to launch a new VC firm.)
Spark Capital: The only VC firm known to hold a board seat at Anthropic invested $75 million in that same 2023 Series C round, when it was valued at $5 billion. That position has ballooned more than ninetyfold to $7 billion.
Updated to include Coatue’s returns.
```



document fetched 2026-10-26 23:34 · canonical https://techcrunch.com/2026/10/23/what-some-of-anthropics-backers-are-reportedly-worth-before-its-ipo