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What’s rarer than a unicorn? Anthropic didn’t just join the Series H club, it almost became the first $1 trillion private company ever

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28.05.2026

What’s rarer than a unicorn? Anthropic didn’t just join the Series H club, it almost became the first $1 trillion private company ever

Two weeks ago, defense startup Anduril raised a Series H round—$5 billion at a $61 billion valuation, shocking the defense world as the largest defense-tech round in history.

On Thursday, Anthropic had its own Series H, but one from a different planet.

In venture capital-speak, a “unicorn” is a private company valued at $1 billion and above. The decacorn and hectocorn are valued about $10 billion and $100 billion, respectively. So what do you call a trillion-dollar private company? That’s the question Anthropic flirted with on Thursday while announcing a rarely seen Series H funding round. 

The AI startup........

© Fortune