Explore how to invest indirectly in Anthropic stock through a public company before the Anthropic IPO. Get access to select pre-IPO startups at Equitybee.
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Recent Anthropic Stock IPO News
09/07/2023: Introducing Claude Pro – Anthropic’s Paid Plan
09/01/2023: Anthropic Subleases Former Slack Headquarters
08/14/2023: Anthropic raises $100 million from SK Telecom
07/11/2023: Anthropic debuts new A.I. chatbot
05/23/2023: Anthropic Raises $450 Million in Series C
03/08/2023: Anthropic Raises Funding at $4.1 Billion Valuation
02/03/2023: Google invests $300 million in Anthropic
04/29/2022: Anthropic Raises $580 million Series B
05/28/2021: Anthropic Raises $124 million Series A
What is Anthropic?
Anthropic is an artificial intelligence (A.I.) safety and research company formed by siblings and former OpenAI employees Daniela Amodei and Dario Amodei. The duo left their previous employer due to directional differences in agreement with leadership.
The company aims to build “reliable, interpretable, and steerable A.I. systems,” putting A.I. safety at the forefront of its research.
Its large language model (LLM), Claude, is a competitor to OpenAI’s ChatGPT. As of July 2023, Claude is available for public use.
Claude abides by “Constitutional A.I” for oversight and transparency. It uses sources such as the United Nations Universal Declaration of Human Rights to help the tool self-select ethical and harmless responses.
Microsoft invested a significant sum into OpenAI in late January 2023, prompting Google to complete a sizable investment ($300 million/10% stake) in Anthropic just over a week later. The deal included an agreement to use the Google Cloud platform. Anthropic also partners with Scale for generative A.I. applications.
The tech behemoth divergence sets up a long-term rivalry for dominance in A.I. LLMs.
Anthropic is based in San Francisco.
Is Anthropic Stock Publicly Traded?
No. Anthropic is a private company.
Who Owns Anthropic?
Anthropic is a privately held for-profit startup and public-benefit corporation. Cofounders, venture capital firms, corporations, wealthy individuals, and employees own the company.
Known investors include Alphabet, Spark Capital, Salesforce Ventures, Sound Ventures, Zoom Ventures, Menlo Ventures, SAP, SK Telecom, Jaan Tallinn (Skype), James McClave, Dustin Moskovitz (Facebook, Asana), Eric Schmidt (Google), the Center for Emerging Risk Research (CERR) and disgraced FTX Founder Sam Bankman-Fried (Alameda Research) and associates Caroline Ellison and Nishad Singh.
Equity associated with FTX personnel and Alameda will be disposed of during upcoming bankruptcy proceedings.
Anthropic Valuation
Anthropic has not publicly disclosed a valuation. Reporting and estimates from various sources indicate the Anthropic valuation is approximately $4.5 to $5 billion as of Summer 2023.
When is the Anthropic IPO Date?
The Anthropic IPO date is currently unknown. The company is relatively new but could ride the A.I. trend coattails to an IPO if broader market conditions improve.
Anthropic leadership has not been forthcoming with its plans to stay private, get acquired, or pursue an IPO. Google, SAP, Salesforce, and Zoom are all current owners and potential future suitors.
As a public benefit corporation, Anthropic may decide to pursue an IPO to allow retail investors and institutions to join in their mission to harness A.I. to improve humanity in a safe and controlled manner.
Watch for reporting about exploring a possible IPO with investment banks or filing a confidential S-1 filing with the SEC.
Bookmark this page for the latest developments.
What is the Anthropic Stock Symbol? Anthropic Ticker?
There is no Anthropic stock symbol yet because it is a private company.
Here are a few Anthropic ticker suggestions that are available in the U.S.:
- ATHP
- ANTC
- ATHR
- APIC
What is the Anthropic Stock Price?
A public Anthropic stock price does not exist because the company is private.
How to Invest in Anthropic Stock
Since Anthropic is a private company, it is challenging to become an equity owner today.
However, you can increase your chances of early equity ownership or obtain shares in the IPO by taking the actions outlined below.
Accredited investors will have an easier time via pre-IPO investing platforms.
1. Access Anthropic stock via pre-IPO investing platforms
The author has seen opportunities to invest in Anthropic stock on prominent pre-IPO investing platforms.
Non-accredited retail investors can circumvent the accreditation requirement to own pre-IPO companies by owning the ARK Venture Fund (review) via Titan Invest. The fund holds a stake in Anthropic and retail investors can own part of the fund for just $500.
Another pre-IPO venture capital option is the Fundrise Innovation Fund (review). However, investors cannot select individual pre-IPO companies, and Anthropic stock is currently not present in the portfolio. There’s a $10 minimum investment.
For direct ownership, platforms like Equitybee provide accredited investors access to pre-IPO startups by funding employee stock options. In exchange, investors gain a portion of the future stock value.
Investors can monitor Equitybee and other pre-IPO platforms, including EquityZen, Forge Global, and Linqto, for share availability.
Shares may be offered for sale by early investors or employees before the IPO, especially if the company raises more venture capital.
Expect to pay at least a $10,000 investment minimum. In some cases, the minimum investment is much higher. The SEC requires pre-IPO investors to be accredited with a net worth over $1 million (excluding primary residence) or income exceeding $200,000 (or $300,000 with a spouse).
Signing up for online access to pre-IPO data, deal alerts, and expressing interest in currently unavailable startups is free.
Check out our list of top pre-IPO investing platforms for current share availability across platforms.
Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.
2. Own Equity Indirectly
Alphabet (Google) invested $300 billion into Anthropic in February 2023, taking a 10% stake. Individual investors who own Google stock now own a small portion of Anthropic, albeit a very small amount.
Other public companies that own a portion of Anthropic include Salesforce, SAP, and Zoom. However, the ownership percentage is unclear.
Own any of these companies via an online broker such as TradeStation to have some exposure to the artificial intelligence startup.
3. Buy stock during Anthropic IPO through a participating broker
Anthropic has conducted multiple private funding rounds in 2023. One report indicated the company aims to raise $5 billion over the next two years to compete with OpenAI.
Several venture capital firms and individual investors have invested in Anthropic and may advocate for an IPO to liquidate ownership in the coming years when market conditions favor IPOs. Anthropic revenue, profitability, and growth will be key factors in the company’s decision to pursue an IPO.
Most retail investors will not receive IPO shares. Savvy retail IPO investors may find opportunities to invest during the IPO when it arrives — acquiring shares at the IPO price the day before the stock begins trading on the open market.
Once a privilege of the affluent clientele of Wall Street, IPO access has become increasingly accessible to retail investors.
The following online brokers give customers free access to IPOs, even with low account balances:
Exclusive access to highly sought-after IPOs may be limited based on the type of brokerage accounts you hold and which brokerages have secured exclusive rights.
TradeStation has a longer track record of accessing more than 300 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood and SoFi Invest have the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.
Read the S-1 filings to find mentions of these online brokers to find opportunities.
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
4. Buy the stock after the IPO
Most investors will not acquire pre-IPO shares or receive an allocation during the IPO.
Waiting for startups to become publicly traded companies can have advantages. The IPO filing provides investors with access to financial data, and each subsequent quarter paints a more complete picture.
IPO stock prices typically rise with high-demand companies. You can benefit if you’re in early and sell when the price overheats.
Without IPO access, post-IPO investors may be tempted to acquire shares at inflated prices.
Avoid chasing over-inflated share prices right after the IPO. Stock price declines after IPOs can be excellent entry points.
Be selective and patient. The most disruptive companies are likely to experience higher valuations a decade from now.
Where can I find the Anthropic S-1 Filing?
Anthropic has not released an S-1 filing to the public. There is no reporting of a confidential S-1 filing yet.
The company may be weighing its options regarding pursuing a public path or acquisition.
News of a confidential or public S-1 filing would kick off the IPO process, suggesting the IPO could occur during the following months.
When the company releases the S-1 filing to investors, we’ll link to and embed the document on this web page.
In the meantime, you can check out the most recent S-1 filings in our S-1 filings feed.
Conclusion
Investors become interested in buying companies riding extraordinary macroeconomic and technology trends (A.I.).
However, acquiring ownership in Anthropic or similar companies like Inflection AI pre-IPO will be challenging for retail investors, particularly non-accredited ones.
Pre-IPO investing platforms have opened more opportunities for retail investors. Still, venture capital investing is mostly reserved for accredited investors.
Investors may face difficulties in obtaining pre-IPO shares and IPO shares if the company chooses that path.
Being a relatively new company (founded in 2021) and only completing a Series C fundraise, Anthropic may spend multiple years more as a private company.
Temper your expectations if you’re inclined to pursue pre-IPO equity in Anthropic. You’ll likely need to wait for the IPO, which could be years away.
Good luck if you wish to buy Anthropic stock before the Anthropic IPO. Invest in pre-IPO and IPO companies at your own risk.
* Disclosure: The web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs. The author is long MSFT, HOOD and the Fundrise Innovation Fund.
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