Anaconda, Inc. has successfully raised over $150 million in a Series C funding round led by Insight Partners, which will bolster its advancements in AI within the enterprise sector.

The newly acquired capital will be allocated towards product development, potential acquisitions, international expansion, and providing liquidity for employees.

The Anaconda AI Platform is designed to enhance productivity by offering trusted software packages, development environments, and AI tools, all while ensuring security and simplifying workflows.

This platform includes features for tracking changes in AI datasets over time and maintaining audit logs to comply with data protection regulations.

Founded in 2012 by Travis Oliphant and Peter Wang, Anaconda provides an open-source Python distribution that is essential for data analysis and AI application development.

The company positions itself as a leader in advancing AI through open-source solutions, establishing a gold standard in the Python and AI ecosystem.

George Mathew, Managing Director at Insight Partners, emphasizes the necessity of a foundational platform like Anaconda as enterprises evolve from isolated data science projects to comprehensive AI systems.

This funding comes at a pivotal moment as companies are transitioning to more integrated AI applications, highlighting Anaconda's role in this shift.

Anaconda has established itself as a trusted platform with over 21 billion downloads and 50 million users, including 95% of Fortune 500 companies.

To drive growth and innovation, Anaconda has strengthened its leadership team by appointing Laura Sellers as Chief Product and Technology Officer, Jane Kim as Chief Commercial Officer, and Barry Russell as Senior Vice President of Partnerships.

Future plans for Anaconda include expanding cloud offerings and enhancing support for large language models, alongside potential acquisitions to strengthen its technology stack.

The recent funding round aligns with a broader trend, as U.S. startup funding surged by 75.6% in the first half of 2025, primarily driven by the AI boom.