6 Ways to Invest in Anthropic

While ChatGPT has dominated the headlines, another AI chatbot has been rapidly gaining ground — Claude.

Claude is an AI assistant that can process huge quantities of information, help generate text or ideas, write code, and simplify tasks. It was built by Anthropic, an AI safety and research business founded in 2021 by former OpenAI executives.

Anthropic's growth has been explosive. It's expected to reach an annual revenue run rate of $9 billion by the end of 2025, up from $3 billion in June and $1 billion in January. Unsurprisingly, investors have been pouring in.

In September, Anthropic raised $13 billion at a $183 billion valuation — nearly triple the $61.5 billion it received six months earlier.

Two months later, it raised another $15 billion — $10 billion from NVIDIA and $5 billion from Microsoft — at a rumored $350 billion valuation.

That brought total funding to $46 billion, including previous investments from both Google ($3.3 billion) and Amazon ($8 billion).

Then, in December 2025, reports surfaced that Anthropic was in talks with several banks about a potential IPO as early as the first half of 2026.

However, the company said the discussions were informal, and no decisions had been made on timing or whether to go public. So for now, it's still a private company.

But you don't need to wait for it to go public before you invest.

Here are six ways to invest in Anthropic stock while it's still a private company.

1. Buy shares directly from current shareholders

Despite Anthropic being a private company, it is possible to invest in its stock through a secondary marketplace called Hiive.

Hiive is a pre-IPO marketplace platform that allows accredited investors to buy and sell shares in private companies and startups.

Accreditation requirements

To qualify as an accredited investor, you must meet one of the following criteria:

• Have an annual income of $200,000 individually or $300,000 jointly.
• Have a net worth that exceeds $1,000,000, excluding your main residence.
• Be a qualifying financial professional.

There are over 2,000 pre-IPO companies on Hiive, including Databricks, Figure AI, and Anthropic:

Anthropic is one of the most active companies on Hiive, and there are 7 orders of its stock available as of the time of writing.

Listings are created by existing shareholders who are typically current or former employees, venture capitalists, or angel investors.

Every seller sets their own asking price and quantity of shares. Buyers can either accept the asking prices or place bids.

After creating an account, both buyers and sellers can see the full order book of bids and asks and see the exact prices at which Anthropic's shares are trading.

Hit the button below to create your free account:

Register for Hiive

2. Invest in the Fundrise Innovation Fund

Fundrise's Innovation Fund is a venture capital fund that is open to all investors.

The fund invests in privately held technology companies across multiple verticals, including artificial intelligence, machine learning, and big data. It has invested in 20 pre-IPO companies and has stakes in OpenAI, Anduril Industries, and Anthropic.

The Innovation Fund has a minimum investment of just $10 and a 1.85% annual management fee.

As is the case with the ARK Venture Fund (which I cover next), Anthropic is just one of the Innovation Fund's holdings. If you do invest in either of these funds, remember that you're buying a stake in the entire portfolio.

3. Invest in the ARK Venture Fund

Another way to gain exposure to Anthropic is to invest in Cathie Wood's ARK Venture Fund.

At the end of November, Anthropic made up 3.22% of the fund, its 9th largest position:

The fund invested in Anthropic in July 2023. It likely invested at a valuation of between $2–4 billion, which would mean the stake has at least 87x'd in value.

The ARK Venture Fund invests in what it considers to be the world's most innovative companies.

Although it can invest in both privately held and publicly traded companies, its top 10 positions (which include SpaceX, Figure AI, OpenAI, and xAI) are all private companies.

Accredited investors can invest in the ARK Venture Fund via ARK's website. Additionally, all retail investors can invest in the fund via SoFi.

The fund has total annual fees of 2.90%.

4. Invest in Anthropic's stakeholders

Microsoft's close ties to OpenAI — which include $11 billion in investments (mainly in the form of free compute) and a profit-sharing agreement — have drawn a lot of scrutiny in the technology and antitrust worlds.

But that didn't stop Alphabet's Google (GOOGL) from jumping on a similar opportunity.

In April 2023, Google invested $300 million in Anthropic, giving it a 10% stake in the AI lab. Shortly thereafter, Anthropic announced it would also be using Google's cloud computing services.

Google invested an additional $2 billion in October 2023 and another $1 billion in January 2025, bringing its total investment to $3.3 billion.

In total, Google owns ~14% of Anthropic. But even that stake is overshadowed by Amazon's.

In September 2023, Amazon (AMZN) invested $1.25 billion in Anthropic and struck a deal to invest as much as $4 billion in the company. In May 2024, Amazon wrote a check for the remaining $2.75 billion.

In November 2024, Amazon invested an additional $4 billion*, bringing its total funding to $8 billion. As part of the deal, AWS became Anthropic's primary cloud and training partner.

*This $4 billion was raised as a convertible note, a type of debt that can be converted to equity (at a pre-determined valuation) at a later date. The valuation was not disclosed.

In all, Amazon is estimated to own somewhere around 15-19% of Anthropic.

In November 2025, NVIDIA (NVDA) and Microsoft (MSFT) joined the cap table with investments of $10 billion and $5 billion, respectively. Alongside the funding, Anthropic signed a $30 billion cloud services agreement with Microsoft Azure.

These investments reportedly valued the company at close to $350 billion, though the figure hasn't been formally announced.

5. Invest in other AI companies and funds

While it's not the same as investing in Anthropic, there are other ways to gain exposure to the generative AI industry.

Given their stakes in both Anthropic and OpenAI, investing in Microsoft (MSFT), Google (GOOGL), Amazon (AMZN), and NVIDIA (NVDA) would give you some exposure to these businesses.

That said, these are multi-trillion-dollar companies, so be sure you like the rest of their businesses, too.

Meta Platforms (META) has also been pouring money into its AI lab since 2013. The lab is focused on generative AI, computer vision, and human speech processing technologies.

If you're not sure which company is going to benefit the most from advancements in LLMs and generative AI, you may want to own many companies at once via an ETF.

A few options are:

• Roundhill Generative AI & Technology ETF (CHAT)
• Themes Generative Artificial Intelligence ETF (WISE)

6. Wait for the Anthropic IPO

If none of the above options fit what you're looking for, your final option is to wait for Anthropic to go public.

In December 2025, news broke that Anthropic had engaged with multiple banks to discuss an IPO. According to sources, the lab was considering going public as early as the first half of 2026.

If true, this could position Anthropic in a race to go public with OpenAI, which is also laying the groundwork for a public offering.

When it does go public, you'll need a brokerage account to buy it. And if you happen to be in the market, we recommend Public.

How much is Anthropic worth?

As mentioned above, NVIDIA and Microsoft's $15 billion investment reportedly came at a valuation of around $350 billion.

December 2025: Anthropic may be raising another round closer to the $300 billion mark.

Prior to that funding, the lab raised $13 billion at a $183 billion valuation in September 2025, up from the $61.5 billion valuation it received just 6 months earlier in March 2025.

Here's a look at Anthropic's valuation history since it was founded in 2021: