Anaconda

Anaconda

Data science platform for Python users

About Anaconda

Simplify's Rating
Why Anaconda is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Consulting

AI & Machine Learning

Company Size

501-1,000

Company Stage

Series B

Total Funding

$90.5M

Headquarters

Austin, Texas

Founded

2012

Overview

Anaconda provides a platform for data science, focusing on the Python programming language. It offers a free Individual Edition for solo users, researchers, and students, which includes access to numerous data science packages. For teams and enterprises, Anaconda has the Team Edition, featuring a curated repository of data science packages, and the Enterprise Edition, which includes advanced tools for package management, security, and collaboration. Anaconda differentiates itself by catering to a wide range of users, from individuals to large organizations, and by offering both free and paid products. The company's goal is to empower users to leverage data science and machine learning to enhance decision-making and drive innovation.

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Simplify's Take

What believers are saying

  • Anaconda's AI Navigator taps into growing demand for AI-powered desktop applications.
  • Partnership with Teradata enhances cloud-based AI/ML solutions, boosting scalability and performance.
  • Collaboration with Lenovo integrates AI into hardware, improving accessibility and performance.

What critics are saying

  • Competitors like Mindee challenge Anaconda with innovative, time-saving AI solutions.
  • Dependency on third-party platforms like Teradata may expose Anaconda to distribution risks.
  • Open-source nature poses security risks, requiring constant updates to maintain reliability.

What makes Anaconda unique

  • Anaconda pioneered Python use in data science, supporting a vibrant open-source community.
  • The platform offers both free and paid editions, catering to diverse user needs.
  • Anaconda's enterprise solutions provide advanced features like package management and security controls.

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Funding

Total Funding

$90.5M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$38.5M
Anaconda
$45M
Linktree
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-3%
Enterprise AI World
Feb 24th, 2025
Anaconda's Open Source Lumen AI Solution Democratizes Natural Language-Powered Analytics

Anaconda, one of the world's most popular platforms to develop and deploy secure Python solutions, faster, is debuting Lumen AI, a new open source AI tool that enables natural language interactions with data through an agent-based chat interface.

AiThority
Oct 1st, 2024
Anaconda Brings Generative AI Models to Desktops with Launch of AI Navigator

Anaconda Inc., the dominant platform for AI, data science, and machine learning, today announced the general release of AI Navigator, a free and powerful desktop application that brings the capabilities of large language models (LLMs) directly to users' desktops.

Yahoo Finance
Apr 11th, 2024
Teradata's (TDC) Anaconda Partnership to Aid Portfolio Strength

Teradata TDC recently inked a partnership with Anaconda in a bid to catalyze advancements in the realm of AI and machine learning (ML).

Business Wire
Apr 9th, 2024
Anaconda And Teradata Partner To Enhance Open-Source Support For Trusted Ai Innovation In Teradata Vantagecloud

AUSTIN, Texas SAN DIEGO--(BUSINESS WIRE)--Anaconda Inc. and Teradata today announced a new integration to bring the most popular and widely used Python and R packages to Teradata VantageCloud through the Anaconda Repository. The integration with ClearScape Analytics, a powerful engine for deploying end-to-end artificial intelligence (AI) and machine learning (ML), is designed to provide enterprises with the ability to deploy large-scale data science, AI/ML, and generative AI use cases that can cost-effectively deliver value for the enterprise. Organizations working to leverage AI innovation need a platform that allows for the quick application of popular and secure open-source packages, but that also delivers scale, performance, and access to harmonized data and trusted AI. Anaconda and Teradata believe their partnership meets this critical need by speeding the deployment and operationalization of AI/ML developed using Anaconda’s secure repository of open-source Python and R packages. “There is so much innovation happening in the open-source community, and we’re thrilled to be working with Anaconda to bring their popular open-source packages to Teradata VantageCloud Lake,” said Hillary Ashton, Chief Product Officer at Teradata

Business Wire
Mar 28th, 2024
Mindees New Ai Document-Processing Tool Enables Zero Data Preparation

PARIS--(BUSINESS WIRE)--Mindee, the developer platform for AI document processing, today announced the release of docTI (Document Tailored Intelligence), an AI-powered optical character recognition (OCR) tool designed to revolutionize the way SaaS products process documents. docTI is the first intelligent document processing (IDP) tool on the market to allow the processing of any document type, in any language, without the requirement of data model training. Up to 39% of data scientists' time is dedicated to data preparation, including tasks like cleansing and annotating data before it can be used to train a model. This not only underscores the extensive efforts behind data model training, but also highlights a significant pain point for product managers: the challenge of finding solutions that can both quickly integrate into their systems and meet their product’s unique needs. docTI directly addresses this challenge by enabling product managers to create custom document processing APIs, test them, and integrate them in minutes rather than months. "Mindee’s core vision is to deliver solutions that align perfectly with the specific needs of our clients,” said Jonathan Grandperrin, CEO, Mindee

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