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
StepFun
0 wins
Anthropic
5 wins
Key Numbers
🇨🇳 China · Jiang Daxin
Valuation
$2B
Total Funding
$570M
100-500 employees
🇺🇸 United States · Dario Amodei
Valuation
$380B
Total Funding
$67B
3,000 employees
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
Anthropic
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
| Metric | StepFun | Anthropic |
|---|---|---|
💰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
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
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
Anthropic
Series G
Feb 2026
Lead: GIC
Series F
Aug 2025
Lead: ICONIQ
Series E
Mar 2025
Lead: Lightspeed Venture Partners
Series D
Oct 2023
Lead: Google
Corporate
Sep 2023
Lead: Amazon
Series C
Mar 2023
Lead: Google
Series B
Apr 2022
Lead: Google
Series A
May 2021
Lead: Google
Investor Comparison
No shared investors detected between these two companies.
Unique to StepFun
Unique to Anthropic
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Explore Further
FAQ — StepFun vs Anthropic
Is StepFun bigger than Anthropic?▾
Which company raised more funding — StepFun or Anthropic?▾
Which company has a higher Awaira Score?▾
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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.