Sources: Anthropic's revenue run rate hit $9B+ at the end of 2025, up from $4B in July 2025; Iconiq, Lightspeed, and Menlo are set to join its new funding round
Sources: Anthropic's revenue run rate hit $9B+ at the end of 2025, up from $4B in July 2025; Iconiq, Lightspeed, and Menlo are set to join its new funding round
Iconiq, Lightspeed and Menlo Ventures are set to join the startup's new funding round at a $350 billion valuation.
Eve, an AI assistant for plaintiff lawyers, raised $103M led by Spark, with a16z, Lightspeed, and Menlo participating, at a $1B valuation and has 450+ clients
Kate Clark / Bloomberg :
Chime shares jumped 37% in their Nasdaq debut on Thursday, closing at $37.11 and giving the company a market cap of $13.5B
@mcuban.bsky.social [image] X: Adam Nash / @adamnash : Congrats to the team & investors in @Chime on their IPO today. 🎉 Some of the best product ideas are simple. Chime did not come up with the idea o...
AI hiring startup Mercor, founded by 21-year-old Thiel fellow Brendan Foody, raised $100M led by Felicis at a $2B valuation, up from $250M in September 2024
- Mercor uses AI to help with hiring for employers and workers — Felicis, General Catalyst and Menlo backed $100 million deal
Sources: Anthropic's funding round is oversubscribed and expected to raise $2B+, with Lightspeed set to invest ~$1B; Menlo, MGX, and others are in talks to join
Bloomberg :
Sources: Anthropic projects $850M+ in annualized revenue by 2024's end, or $70M+/month, an increase of over 8x from its monthly revenue around September 2023
3 months ago, that estimate was $500MM. And for the ongoing raise, Menlo is using an SPV with a fee for other investors to join. https://www.theinformation.com/ ... Stephen Loynd / @loyndsview : “The ...
How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries
'The Silicon Valley Bank (SVB), a leading lender to startups and venture capitalists … Bloomberg : Khosla Ventures Tells Some Startups Firm Will Cover Payroll South China Morning Post : China joint ve...
Finch, which helps companies connect to HR apps, services, and systems, raised a $40M Series B co-led by General Catalyst and Menlo, taking its funding to $68M
Kyle Wiggers / TechCrunch :
TruEra, which offers AI quality management tools to optimize and monitor ML models, raises a $25M Series B led by Menlo, bringing its total funding to $42.3M
Frederic Lardinois / TechCrunch :