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Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025. It’s the kind of growth that Menlo Ventures’ Matt Murphy says he’s never seen in 25 years of investing, not in the internet wave, not in mobile, not in the first cloud boom.
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Originally reported by TechCrunch
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“Menlo Ventures' Matt Murphy explains why Anthropic is experiencing rapid growth, reaching a $47 billion revenue run rate.”
Anthropic reached a $47 billion revenue run rate by May, a significant increase from $9 billion in 2025.
Menlo Ventures' Matt Murphy has seen unprecedented growth in 25 years of investing, not matching the internet wave, mobile, or first cloud boom.
Menlo led Anthropic's $500M Series D and has a front-row seat to the company's growth.
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