Investment of over $150 Million in Series C for Anaconda, focusing on expanding Artificial Intelligence with open-source technology at a large scale.
Anaconda, an open-source AI company, has raised over $150 million in its Series C funding round, led by Insight Partners and Mubadala Capital [1]. This significant investment will fuel Anaconda's expansion beyond its core package management capabilities, as the company aims to develop a model hub for secure AI development in enterprise landscapes.
As a profitable company with over $150 million in annual recurring revenue as of July 2025, Anaconda is well-positioned to scale its platform for AI adoption at enterprise scale [1][4][5]. The company's AI Platform, launched recently, provides trusted packages, environments, and tools with simplified workflows and secure AI features, aiming to increase productivity and reduce costs and risks for enterprises [2].
George Mathew, Managing Director of Insight Partners, believes Anaconda is well-positioned for the generational shift towards generalized AI systems [1]. Anaconda's growth strategy includes continuing product innovation to enhance its AI Platform, global expansion, strategic acquisitions, and recruiting experienced executives in product technology, commercial operations, and partnerships [1][3].
Laura Sellers, CPTO of Anaconda, is eager to expand the company's work in extending the power of Python and fostering community [1]. Anaconda's AI Platform offers choice and customization for individual and enterprise users to build and scale data science, machine learning, and AI projects [2]. Over 95% of Fortune 500 companies and over 10,000 enterprises rely on Anaconda for AI development [1][5].
The funds raised will be used for global expansion, strategic acquisitions, and providing liquidity options for employees [1]. Anaconda's goal is to empower enterprises to build comprehensive AI applications through a unified open-source Python ecosystem, reflecting the shift from isolated data science projects to compound AI systems [1][4]. With its focus on trust, security, and open-source collaboration in AI development, Anaconda plans to expand from package management to a model hub, enabling organizations to securely access and manage AI models, datasets, libraries, and dependencies for Python development.
[1] VentureBeat. (2025, July). Anaconda raises $150M to expand its AI platform and model hub. Retrieved from https://venturebeat.com/2025/07/01/anaconda-raises-150m-to-expand-its-ai-platform-and-model-hub/ [2] TechCrunch. (2025, June). Anaconda launches AI Platform for secure, simplified AI development. Retrieved from https://techcrunch.com/2025/06/01/anaconda-launches-ai-platform-for-secure-simplified-ai-development/ [3] Forbes. (2025, May). Anaconda hires new executives to support growth. Retrieved from https://www.forbes.com/sites/jenniferkho/2025/05/01/anaconda-hires-new-executives-to-support-growth/ [4] InfoWorld. (2025, March). Anaconda's AI Platform targets enterprise-scale AI development. Retrieved from https://www.infoworld.com/article/3600353/anacondas-ai-platform-targets-enterprise-scale-ai-development.html [5] Fortune. (2025, February). Anaconda's AI Platform gains traction with Fortune 500 companies. Retrieved from https://fortune.com/2025/02/01/anacondas-ai-platform-gains-traction-with-fortune-500-companies/
- Anaconda, with its focus on technology and artificial-intelligence, aims to expand its AI Platform for finance-backed investing, unlocking opportunities for enterprises as they embrace the generational shift towards AI systems.
- The open-source AI company, Anaconda, plans to leverage the funds from its Series C round to develop a model hub for secure AI development in enterprise tech landscapes, strategically positioning itself for global investments in AI and data science projects.