21 of 22 VCs turned down Anthropic in 2021 before its $124M Series A

rohanpaul_ai · x · 2026-09-13

Per The Information, in 2021 21 of the 22 VC firms Anthropic's leaders approached declined to invest. The team initially sought $500 million, lowered the target after near-universal rejection, turned to individual investors, and closed a $124 million Series A — a stark contrast to the company's later valuation.

Related event: 21 of 22 VCs Rejected Anthropic in Its Early Days(2 posts)→

Original post →

More from Venture

Venture channel →