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Anthropic's 2022 Pitch Deck Just Leaked

10 slides. No product. FTX money. Now worth $380B.

Ruben Dominguez's avatar
Ruben Dominguez
Feb 24, 2026
∙ Paid

I’m sharing the pitch deck Anthropic used before raising their $580M Series B.

Late 2022. FTX was the lead investor. Claude didn’t exist yet. They had 100 employees and a waitlist.

The deck was 10 slides.

That company is now worth $380 billion.

Then (2022):

  • $1B raised

  • 2,500 companies on waitlist

  • Zero revenue

  • 10-slide deck

Now (2026):

  • $63.7B raised across 17 rounds

  • $14B ARR

  • $380B valuation

  • 4,226 employees

  • Microsoft, Nvidia, Amazon, Google, Sequoia as investors

Same founders. Same mission. 76x valuation increase in under 4 years.

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The deck that started it all is now available.


Why This Deck Is Worth Studying

They led with safety, not capability. Every AI company in 2022 was showing what their models could do. Anthropic pitched what theirs wouldn’t do. Contrarian positioning that turned out to be exactly what enterprises and governments wanted.

They sold the team, not the product. The product didn’t exist. The reputation did.

Their traction slide was a waitlist. 2,500 companies signed up for something that wasn’t built yet.

If you’re raising for AI, deep tech, or any research-heavy company without revenue yet, this is the blueprint:


access Anthropic’s 2022 Pitch Deck Leaked (10 Slides → $380B) 👇

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