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Menlo Ventures’ Matt Murphy explains why Anthropic is winning (and it’s not the model)

Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025.

Source TechCrunch AI Summary Updated 1h 49m ago

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Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025. It’s the kind of growth that Menlo Ventures’ Matt Murphy says he’s never seen in 25 years of investing, not in the internet wave, not in mobile, not in the first cloud boom. Menlo led Anthropic’s $500M Series D, and Murphy has had a front-row seat as the company went…

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Menlo Ventures’ Matt Murphy explains why Anthropic is winning (and it’s not the model)

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