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Menlo Ventures investor: Anthropic demonstrating unprecedented growth

Venture capitalist Matt Murphy of Menlo Ventures describes Anthropic's growth as historically exceptional, surpassing previous tech booms. The company reached a $47 billion revenue run rate by May.

22 July 2026
Menlo Ventures investor: Anthropic demonstrating unprecedented growth
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Venture capitalist Matt Murphy of Menlo Ventures describes the growth of AI company Anthropic as unprecedented in his investment career. "I have not seen growth like this in 25 years, not during the internet wave, not during mobile, not during the first cloud boom," Murphy stated in an interview. According to Murphy, Anthropic achieved a projected annual revenue run rate of $47 billion by May. For comparison, the company's projection was only $9 billion in 2025. Menlo Ventures led Anthropic's $500 million Series D funding round. Murphy emphasized that Anthropic's success is not solely due to its AI models but also to the company's ability to scale its operations and reach markets. Specific reasons for growth outside of the models were not detailed, but it was indicated that these are central to the company's exceptional development. Menlo Ventures has been a key investor in Anthropic since the company's early stages. The firm has supported Anthropic in becoming a significant player in the AI sector, which has experienced robust global growth in recent years.

Original source: techcrunch.com