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StepFun vs Anthropic

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Anthropic is valued at $380B — more than 3x StepFun's $2B.

Head-to-Head Verdict

Anthropic leads on 5 of 5 metrics

StepFun

0 wins

-Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Anthropic

5 wins

+Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
$2B
$380B
Total Funding
$570M
$67B
Awaira Score
58/100
95/100
Employees
100-500
3,000
Founded
2023
2021
Stage
Series A
Series G
StepFunAnthropic
StepFun logo
StepFun

🇨🇳 China · Jiang Daxin

Series AFoundation ModelsEst. 2023

Valuation

$2B

Total Funding

$570M

Awaira Score58/100

100-500 employees

Full StepFun Profile →
Winner
Anthropic logo
Anthropic

🇺🇸 United States · Dario Amodei

Series GFoundation ModelsEst. 2021

Valuation

$380B

Total Funding

$67B

Awaira Score95/100

3,000 employees

Full Anthropic Profile →
Market Context

Both companies compete in the Foundation Models space, though from different geographies — StepFun in China and Anthropic in United States. Different stages (Series A vs Series G) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the Foundation Models market, StepFun and Anthropic represent two distinct approaches. StepFun develops multimodal foundation models for Chinese and English language applications, producing the Step series of large language and vision-language models that target enterprise deployment through API and private cloud licensing. Anthropic is an AI safety company founded in 2021 that develops large language models and AI systems.

Funding & Valuation

Anthropic commands a $380B valuation — roughly 190x that of StepFun at $2B, a gap that underscores their different scales. Anthropic has amassed $67B in total funding, far exceeding StepFun's $570M.

Growth Stage

Established in 2021, Anthropic has a modest 2-year head start over StepFun (2023). Growth stages differ: StepFun (Series A) versus Anthropic (Series G), a distinction that matters for both deal structure and competitive positioning. Headcount tells a story too: StepFun has 100-500 employees and Anthropic has 3,000.

Geography & Outlook

StepFun operates out of 🇨🇳 China while Anthropic is based in 🇺🇸 United States, giving each a distinct home-market advantage. A 37-point gap on the Awaira Score (Anthropic: 95, StepFun: 58) signals a clear difference in overall company strength. Under Jiang Daxin and Dario Amodei respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

StepFun

Total Rounds1
Avg. Round Size$200M

Anthropic

Total Rounds8
Avg. Round Size$6.7B
Funding Span4.8 yrs

Funding History

StepFun has completed 1 funding round, while Anthropic has gone through 8. StepFun's most recent round was a Series A of $200M, compared to Anthropic's Series G ($30B). StepFun is at Series A while Anthropic is at Series G — different points in their growth trajectory.

Team & Scale

Anthropic has the bigger team at roughly 3,000 people — 30x the size of StepFun's 100-500. They're close in age — StepFun started in 2023 and Anthropic in 2021. Geographically, they're in different markets — StepFun operates out of China and Anthropic from United States.

Metrics Comparison

MetricStepFunAnthropic
💰Valuation
$2B
$380BWINS
📈Total Funding
$570M
$67BWINS
📅Founded
2023WINS
2021
🚀Stage
Series A
Series G
👥Employees
100-500
3,000
🌍Country
China
United States
🏷️Category
Foundation Models
Foundation Models
Awaira Score
58
95WINS

Key Differences

💰

Valuation gap: Anthropic is valued 190x higher ($380B vs $2B)

📈

Funding gap: Anthropic has raised $66.4B more ($67B vs $570M)

📅

Market experience: Anthropic has 2 years more (founded 2021 vs 2023)

🚀

Growth stage: StepFun is at Series A vs Anthropic at Series G

👥

Team size: StepFun has 100-500 employees vs Anthropic's 3,000

🌍

Market base: 🇨🇳 StepFun (China) vs 🇺🇸 Anthropic (United States)

⚔️

Direct competitors: Both operate in the Foundation Models market segment

Awaira Score: Anthropic scores 95/100 vs StepFun's 58/100

Which Should You Choose?

Use these signals to make the right call

StepFun logo

Choose StepFun if…

  • China-based for regional compliance or proximity
  • StepFun develops multimodal foundation models for Chinese and English language applications, producing the Step series of large language and vision-language models that target enterprise deployment through API and private cloud licensing
Anthropic logo

Choose Anthropic if…

Top Pick
  • Higher Awaira Score — 95/100 vs 58/100
  • More established by valuation ($380B)
  • Stronger investor backing — raised $67B
  • More market experience — founded in 2021
  • United States-based for regional compliance or proximity
  • Anthropic is an AI safety company founded in 2021 that develops large language models and AI systems

Funding History

StepFun raised $570M across 1 round. Anthropic raised $67B across 8 rounds.

StepFun

Series A

Mar 2024

Lead: Tencent

$200M

Anthropic

Series G

Feb 2026

Lead: GIC

$30B

Series F

Aug 2025

Lead: ICONIQ

$13B

Series E

Mar 2025

Lead: Lightspeed Venture Partners

$3.5B

Series D

Oct 2023

Lead: Google

$2B

Corporate

Sep 2023

Lead: Amazon

$4B

Series C

Mar 2023

Lead: Google

$450M

Series B

Apr 2022

Lead: Google

$580M

Series A

May 2021

Lead: Google

$124M

Investor Comparison

No shared investors detected between these two companies.

Unique to StepFun

TencentIDG Capital

Unique to Anthropic

GICCoatue ManagementD. E. ShawDragoneerFounders FundICONIQ

Users Also Compare

FAQ — StepFun vs Anthropic

Is StepFun bigger than Anthropic?
By valuation, Anthropic is the larger company at $380B versus $2B — a 190x difference. Size can also be measured by team: StepFun employs 100-500 people while Anthropic has 3,000 employees.
Which company raised more funding — StepFun or Anthropic?
Anthropic has raised more in total funding at $67B, compared to StepFun's $570M — a gap of $66.4B. Combined, the two companies have completed 9 known funding rounds.
Which company has a higher Awaira Score?
Anthropic leads with an Awaira Score of 95/100, while StepFun sits at 58/100. That 37-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded StepFun vs Anthropic?
StepFun was founded by Jiang Daxin in 2023. Anthropic was founded by Dario Amodei in 2021. Visit each company's profile on Awaira for a full founder biography.
What does StepFun do vs Anthropic?
StepFun: StepFun develops multimodal foundation models for Chinese and English language applications, producing the Step series of large language and vision-language models that target enterprise deployment through API and private cloud licensing. The Beijing company was founded by Jiang Daxin, a former senior executive at Baidu, bringing search and large-scale AI infrastructure experience to foundation model development in the rapidly competitive Chinese LLM startup market.\n\nThe company raised approximately $200 million in early funding from Chinese venture capital firms including Hillhouse Capital and other technology-focused investors backing the wave of Chinese foundation model startups that emerged following the launch of ChatGPT. StepFun models are positioned for enterprise customers in finance, legal, and customer service sectors requiring high-quality Chinese language reasoning and instruction following capabilities.\n\nStepFun competes in a crowded Chinese foundation model market alongside Moonshot AI, MiniMax, Zhipu AI, and Baichuan, as well as the AI divisions of Alibaba, Baidu, and ByteDance that have substantially greater compute resources and distribution. The Chinese foundation model market has seen aggressive fundraising and model release activity as the government signals support for domestic AI capability development. Differentiation among Chinese LLM startups is increasingly difficult as model benchmark performance converges, shifting competition toward vertical domain adaptation, inference cost, and enterprise integration services. Anthropic: Anthropic is an AI safety company founded in 2021 that develops large language models and AI systems. The company's flagship product is Claude, a conversational AI assistant available through web interfaces, APIs, and mobile applications. Claude is designed with constitutional AI methods, an approach emphasizing safety and alignment with human values through training techniques that reduce harmful outputs and improve reasoning capabilities. Anthropic positions itself within the foundation models sector, competing alongside OpenAI, Google, and other organizations developing large-scale language models. The company has achieved a valuation of $380 billion as of its latest funding round, with total funding of $57 billion across multiple rounds, currently at Series G stage. Its investors include Google, Salesforce, and various venture capital firms. Claude serves diverse use cases including customer service automation, content generation, coding assistance, research support, and general knowledge queries. The model is available in multiple versions with varying capability levels and context window sizes. Anthropic emphasizes interpretability research and AI safety practices alongside product development, distinguishing its approach from purely capability-focused competitors. The company's growth trajectory reflects significant institutional investment and market adoption. Anthropic operates as a private company while maintaining substantial research output and publications on AI safety methodologies. Anthropic differentiates through explicit focus on AI safety and constitutional AI training methods rather than pure capability scaling.
Which company was founded first?
Anthropic got there first, launching in 2021 — that's 2 years of extra runway. StepFun didn't arrive until 2023. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
StepFun has about 100-500 employees; Anthropic has about 3,000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are StepFun and Anthropic competitors?
Yes — they're direct rivals. Both StepFun and Anthropic compete in Foundation Models, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Anthropic has a clear lead here — Awaira Score of 95 vs StepFun's 58. The difference comes down to funding depth and team scale.

Who Should You Watch?

Anthropic is in the stronger position — better score and deeper pockets. But StepFun has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive