Anthropic leaped to a $47 billion revenue run rate by May, in comparison with $9 billion in 2025. It’s the type of development that Menlo Ventures’ Matt Murphy says he’s by no means seen in 25 years of investing, not within the web wave, not in cell, not within the first cloud growth. Menlo led Anthropic’s $500M Collection D, and Murphy has had a front-row seat as the corporate went from a pre-revenue, pre-launch wager to some of the useful startups on the market.
On this episode of TechCrunch’s Equity podcast, Julie Bort talks with Murphy about backing Anthropic earlier than anybody else would, why a fantastic mannequin was by no means the purpose, and what’s driving the fastest-growing startups he’s ever seen.
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