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Banking
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SINGULAR VENTURE
Kevin Wilson · Principal · New York
Private Placement · Pre-IPO Access
Anthropic.
The AI big companies run on.
Access to an existing Anthropic position through an established institutional ownership chain.
$965B
What it was last valued at
May 2026
May 2026
$65B
Sales pace, per year
July 2026
July 2026
Zero
Public shares
In existence
In existence
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
KEVIN@SINGULARVENTURE.COM
SINGULAR VENTURE
Kevin Wilson · Principal · New York
In the Press
Don't take our word for it — read the reporting.
TechCrunchAnthropic raises $65 billion, nears $1T valuation ahead of IPOMay 2026 · Read →
CNBCAnthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuationMay 2026 · Read →
AxiosAnthropic's revenue run rate reportedly surpasses $65 billion pre-IPOAug 2026 · Read →
FortuneAnthropic reportedly plans a $2 trillion IPO in October — the largest everAug 2026 · Read →
Anthropic$65B Series H at a $965B post-money valuation — the company's own releaseMay 2026 · Read →
Tap any outlet to open the original article. Figures reflect publicly reported information.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
02 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
01 · The Proof
From $87 million to $65 billion.
Annualized revenue run rate · company statements and reported figures
$11.5B
Q2 2026 revenue alone
14×
Bigger than the same quarter last year
3 yrs
Salesforce took twenty
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
03 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
02 · What It Is
One model family. Three products companies pay for.
01
Claude
Rolled out company-wide at:
Netflix · Spotify · KPMG · L'Oréal · Salesforce
02
Claude Code
Fastest product to $1B in company history.
≈54% of the AI coding market
03
Claude Cowork
Claude on mobile and web.
Shipped 2026
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
04 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
03 · The Moat
Enterprise is the moat.
Who pays
About 80% of revenue comes from businesses, not individual consumers.1,000+ customers each pay over $1M a year.
Switching cost
Once Claude is inside the workflow, it stays.Microsoft, a competitor, reportedly runs Claude Code across its own engineering teams.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
05 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
04 · The Prize
Already inside the industries that pay the most.
02
Consulting
Deloitte · 470,000 employees
03
Retail
Shopify · Mercado Libre · production scale
04
Tech services
Cognizant · 350,000 staff equipped
40%
Of what companies spend on AI models
70%
Of the Fortune 100
300K+
Business customers
AI model spending — Claude 40%, OpenAI 27% (Menlo Ventures).
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
06 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
05 · Valuation Context
The market has moved.
$965B
Last priced financing
Series H · May 2026
Anthropic-announced post-money valuation.
IPO Filed
Confidential U.S. IPO filing
June 2026
Reported by Reuters.
Up to $1.5T
Reported secondary-market valuations
August 2026
Business Insider reported secondary-market transactions at implied valuations as high as $1.5 trillion amid limited seller supply.
$2T+
Reported IPO expectations
August 2026
The Financial Times reported that Anthropic backers expect a potential IPO valuation of $2 trillion or more.
This opportunity is offered at an implied valuation below Anthropic’s $965B May 2026 priced financing.
The $1.5T secondary-market figure and $2T+ potential IPO valuation are third-party reported indications and expectations, not Anthropic-announced valuations or guarantees of future value.
Sources: Anthropic · Reuters · Business Insider · Financial Times
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
07 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
06 · By the Numbers
The company, in six numbers.
$965B
Valuation, last priced round
$65B
Revenue run rate, July 2026
300K+
Business customers
1,000+
Accounts over $1M a year
2,500
Employees, 2026
2021
Founded · San Francisco
Structure
A Public Benefit Corporation with a Long-Term Benefit Trust.Five independent trustees hold no financial stake and gain power over time to elect a majority of the board. No single investor controls the company.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
08 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
07 · The Cap Table
Who's already on the cap table.
Amazon
$8B+ invested
Google
Owns about 14% · Court filing
Microsoft · Nvidia
Strategic
Sequoia · Altimeter · Dragoneer
Series H co-leads
Fidelity · GIC · Blackstone
Institutional
Qatar Investment Authority
Sovereign
Eighteen rounds. 118 investors — 109 of them institutional.
Investors listed have not endorsed this offering. The position offered here traces upstream to a vehicle associated with one of Anthropic’s largest shareholders. Participation buys an interest in an SPV, so your name does not appear on this cap table.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
09 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
08 · Why Now
The IPO process is underway.
01
The Filing
Anthropic has confidentially filed for a U.S. IPO.
The company entered the formal IPO process in June 2026.
02
The Window
A potential listing is being discussed in weeks, not years.
Press reports have pointed to a possible late-September or early-October listing window. Timing remains unconfirmed.
03
Private Access
Anthropic remains private today — and available positions are scarce.
This opportunity provides access to an existing institutional position before any potential public listing.
IPO timing, valuation and completion remain uncertain. A confidential filing may be delayed, amended or withdrawn.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
10 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
09 · Risks
What every investor should weigh honestly.
01
Priced for perfection.The last round values the company at many times its yearly sales, and computing costs are enormous.
02
An IPO is not a guarantee.Timing, price and terms are unconfirmed. A confidential filing can be delayed or withdrawn.
03
Real competition and price pressure.OpenAI, Google and cheaper free models are all pushing prices down.
04
Illiquid and speculative.Private interests can't be freely sold. Post-listing lock-ups may apply. You may hold for years — or lose the entire investment.
Secondary valuations are reported estimates, not priced rounds. No liquidity event is promised.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
11 / 12
SINGULAR VENTURE
Kevin Wilson · Principal · New York
The Investment Structure
SPV access to an established Anthropic position.
A clear institutional ownership chain from the underlying Anthropic position to the investment vehicle.
Kevin Wilson
Principal · Singular Venture
New York
kevin@singularventure.com
operations@singularventure.com
New York
+1 (973) 229-2497
01
Existing Anthropic Position
The opportunity provides indirect economic exposure to an existing Anthropic position rather than a newly sourced direct secondary purchase.
02
Established Ownership Chain
The position traces upstream to a vehicle associated with one of Anthropic’s largest shareholders and is being sourced through a well-known U.S. fund.
03
SPV Access
Investors participate through an SPV that invests into the acquisition structure and provides indirect economic exposure to the underlying Anthropic position.
How to participate
Confirm accredited status → Review definitive offering documents → Countersign → Fund
IMPORTANT INVESTMENT INFORMATION. Private investments are speculative, illiquid and difficult to value. An exit typically takes years, none is guaranteed, and investors may lose their entire investment. No IPO, acquisition, liquidity event or return is guaranteed. Investors purchase interests in an SPV and do not acquire Anthropic shares directly. Investor rights, economics, distributions, fees, expenses, liquidity and transferability are governed by the applicable definitive offering documents and underlying investment structure. Any offering is made solely to eligible accredited investors pursuant to the definitive offering documents. Singular Venture is not affiliated with Anthropic.
SINGULAR VENTURE
KEVIN WILSON · PRINCIPAL · NEW YORK
KEVIN@ · OPERATIONS@SINGULARVENTURE.COM