Anaconda Raises Over $150M in Series C Funding to Power AI for the Enterprise

With Insight Partners-led Round, Anaconda Establishes Role as the Standardized Python Distribution for Mission-Critical AI Systems

AUSTIN, TX – [July 31, 2025] – Anaconda, Inc., the company committed to advancing AI with open source at scale, today announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025.

This news comes on the heels of Anaconda’s newly launched AI Platform as well as a recently announced partnership with Databricks, the data and AI company. Since its founding in 2012, Anaconda has been one of the most trusted and widely used Python distribution platforms, with over 21 billion downloads and 50 million users. Today, 95% of Fortune 500 companies and more than 10,000 large enterprises rely on Anaconda to build and manage AI systems effectively. 

The infusion of capital comes at a pivotal moment as enterprises shift from isolated data science projects to building compound AI applications, validating Anaconda’s mission to empower organizations and builders to innovate with data through a unified open source ecosystem for enterprise Python—the coding language that has become synonymous with AI development. 

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