Krishna Rao joins AI startup Anthropic as chief financial officer
Summary
@Krishna Rao has been appointed as the new Chief Financial Officer of #AI startup @Anthropic. With nearly 20 years of experience in strategic finance roles at high-profile companies like @Fanatics Commerce, @Cedar, and @Airbnb, Rao brings a wealth of expertise to Anthropic. His background includes:
- Leading finance and operational initiatives at Cedar as CFO
- Serving as Global Head of Corporate & Business Development at Airbnb
- Helping Airbnb navigate the COVID-19 pandemic and raise over $10 billion in capital
- Working as a private equity investor at Blackstone and a strategy consultant at Bain & Company
Rao holds a J.D. from Yale Law School and an A.B. in economics from Harvard College. His appointment is expected to play a crucial role in shaping Anthropic's financial strategy and operations as the company continues to grow and expand internationally. Both Rao and Anthropic's co-founder and President, Daniela Amodei, expressed excitement about this new chapter and the value Rao's expertise will bring to the mission-driven AI startup.
This appointment underscores Anthropic's ambitions for growth and the importance it is placing on having an experienced financial leader to guide its strategy. Rao's background spans finance, operations, business development and capital raising, which could prove valuable as Anthropic scales and competes in the rapidly evolving AI industry.
Indian American strategic finance leader Krishna Rao has joined artificial intelligence startup Anthropic as its chief financial officer and is expected to play a key role in shaping its financial strategy and operations for international expansion.
“With nearly 20 years of experience as a strategic finance leader for customer-centric, world-class brands and as an investor, Krishna will play a crucial role in shaping Anthropic’s financial strategy and operations as we continue to build on our strong enterprise momentum and advance our international expansion,” the company stated announcing his appointment May 21.
Rao joins Anthropic from Fanatics Commerce, where he served as CFO, bringing with him a wealth of experience from his previous roles. At Cedar, a healthcare payments and patient engagement platform, Rao led both the finance function and operational initiatives as the company’s CFO.
Prior to that, he served as Global Head of Corporate & Business Development and led Corporate and Operations FP&A at Airbnb, where he helped navigate the company through the Covid-19 pandemic and played a key role in raising over $10 billion in equity and debt capital, including Airbnb’s IPO and private financings.
Earlier in his career, Krishna spent time as a private equity investor at Blackstone and as a strategy consultant at Bain & Company.
With a JD from Yale Law School and an AB in economics from Harvard College, Rao brings a unique blend of financial acumen, strategic thinking, and operational expertise to Anthropic, the company stated.
“I am thrilled to join Anthropic at such a pivotal moment in the company’s journey,” said Rao. “Anthropic’s mission to build transformative AI systems that benefit humanity deeply resonates with me. I look forward to working with the exceptional team at Anthropic to build a strong financial foundation that will support the responsible development and deployment of our technology.”
“Krishna is a world-class financial leader with an impressive history of driving strategic growth and operational excellence at innovative, mission-driven companies,” said Daniela Amodei, co-founder and President of Anthropic.
“As we continue to grow our footprint and expand our impact, Krishna’s deep expertise in financial strategy and analysis, capital allocation, and scaling high-growth organizations will be essential. We’re thrilled to have him join our leadership team and help guide Anthropic through our next phase of growth.”
Arun Kumar joined The American Bazaar after reporting on world affairs from four vantage points — New Delhi, Islamabad, Beijing and Washington — for Indian national media. Previously as North America Bureau Chief of the IANS news agency based in Washington DC, he told the American story for its subscribers spread around the world for 11 years. Before that Arun worked as a foreign correspondent for PTI in Islamabad and Beijing for over eight years. On return to India, he worked as Chief News Editor, Editor of Special Services, and Assistant General Manager at PTI. Arun has penned five books for PTI providing an in-depth analysis of Indian elections from Nehru to Vajpayee besides compiling and editing PTI Offbeat, a coffee table book of offbeat pictures taken by PTI photographers.
Krishna Rao joins Anthropic as Chief Financial Officer
Announcements
May 21, 2024●2 min read
We’re excited to announce that Krishna Rao has joined Anthropic as our Chief Financial Officer. With nearly 20 years of experience as a strategic finance leader for customer-centric, world-class brands and as an investor, Krishna will play a crucial role in shaping Anthropic's financial strategy and operations as we continue to build on our strong enterprise momentum and advance our international expansion.
Krishna joins us from Fanatics Commerce, where he served as CFO, bringing with him a wealth of experience from his previous roles. At Cedar, a healthcare payments and patient engagement platform, Krishna led both the finance function and operational initiatives as the company’s CFO. Prior to that, he served as Global Head of Corporate & Business Development and led Corporate and Operations FP&A at Airbnb, where he helped navigate the company through the COVID-19 pandemic and played a key role in raising over $10 billion in equity and debt capital, including Airbnb’s IPO and private financings.
Earlier in his career, Krishna spent time as a private equity investor at Blackstone and as a strategy consultant at Bain & Company. With a J.D. from Yale Law School and an A.B. in economics from Harvard College, Krishna brings a unique blend of financial acumen, strategic thinking, and operational expertise to Anthropic.
“I am thrilled to join Anthropic at such a pivotal moment in the company’s journey,” said Krishna. “Anthropic’s mission to build transformative AI systems that benefit humanity deeply resonates with me. I look forward to working with the exceptional team at Anthropic to build a strong financial foundation that will support the responsible development and deployment of our technology.”
“Krishna is a world-class financial leader with an impressive history of driving strategic growth and operational excellence at innovative, mission-driven companies,” said Daniela Amodei, co-founder and President of Anthropic. “As we continue to grow our footprint and expand our impact, Krishna’s deep expertise in financial strategy and analysis, capital allocation, and scaling high-growth organizations will be essential. We’re thrilled to have him join our leadership team and help guide Anthropic through our next phase of growth.”
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