Boston-based AI software firm Anaconda has raised a massive $150 million Series C funding round, further cementing its role as a backbone for Python-powered AI development. The round, led by Insight Partners, brings the company’s valuation to approximately $1.5 billion, making Anaconda one of the latest heavyweights in the ongoing U.S. AI startup surge.
The capital will be deployed toward accelerating product development, strategic acquisitions, and international expansion, as demand for enterprise-ready AI tools continues to skyrocket.
“We’re seeing a global shift where every enterprise wants to become an AI-native organization,” said Peter Wang, CEO and co-founder of Anaconda. “This investment helps us meet that demand with speed, scale, and open-source integrity.”
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Anaconda is best known for its widely adopted open-source distribution of Python for data science, machine learning, and AI. Used by millions of developers and data professionals worldwide, the company sits at the intersection of developer tooling and enterprise AI readiness.
Its platform supports:
Now, Anaconda aims to push further into enterprise SaaS offerings, AI-enhanced collaboration tools, and plug-and-play integrations for cloud-based AI development environments.
Anaconda’s raise comes as venture capital flows back into AI infrastructure bets. According to Pitchbook, U.S. startup funding jumped ~76% in H1 2025, driven largely by investments in:
With Python still the lingua franca of AI development, Anaconda’s relevance to both startups and Fortune 500s gives it leverage in a space dominated by bigger players like Microsoft (via Azure ML), AWS, and Google Cloud.
Insight Partners, known for backing infrastructure-first growth startups, sees Anaconda as a critical player in the AI supply chain—especially for organizations seeking to scale safely and cost-effectively.
“Anaconda has become indispensable to the modern AI developer,” said Jeff Horing, Managing Director at Insight. “Their unique mix of open-source trust and enterprise-grade tooling is what makes them scalable and sticky.”
Other participants in the round include IVP, Coatue, and Snowpoint Ventures, signaling strong institutional belief in the company’s long-term strategic moat.
According to the company, the new funds will accelerate:
The expansion comes amid growing calls for secure, transparent, and modular AI infrastructure, as enterprises become wary of AI hype and seek tools that work on-premise and in regulated industries.
In a time when AI headlines are dominated by model builders and chatbot makers, Anaconda is quietly winning the tools race—arming the builders with the infrastructure they actually need.
With $150 million in fresh capital, a $1.5 billion valuation, and the trust of the open-source developer community, Anaconda is poised not just to ride the AI wave—but to shape its direction.
