+160%

est. 2Y upside i

AI & MLSeries C

Anaconda is built to advance AI with open source at scale, giving builders and organizations the confidence to increase productivity, and save time, spend and risk associated with open source.

Rank

#96

Sector

Data Science and Machine Learning Platforms

Est. Liquidity

~3Y

Data Quality

Data: High

Anaconda offers strong upside potential (expected +160%) given its 127.8% growth, profitability, and massive user base.

Last updated: July 19, 2026

Bull (35%)+200%

IPO or acquisition unlocks premium multiple; partnership with Databricks drives adoption; revenue reaches $505M, exit multiple of ~9x yields $4.5B enterprise value, capping upside at +200% per stage constraint.

Base (45%)+169%

Steady growth and convergence to public comps; revenue grows to $505M, exit at 8x multiple yields $4.04B, +169% return.

Bear (20%)+68%

Increased competition from cloud providers or slowing growth compresses multiple to 5x; exit value $2.53B, +68% return, still above preference stack.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

1400%

$210M preferred stock constitutes 14% of entry valuation, with 1x non-participating liquidation preference.

Dilution Risk

low

Company is profitable and just raised $150M, reducing likelihood of further dilutive fundraising in 24 months.

Secondary Liquidity

none

No secondary market activity implied by available data; liquidity likely via IPO or acquisition.

View all 41 open roles at Anaconda →

Last updated: July 3, 2026

Questions to Ask at the Interview

Strategic questions based on Anaconda's data — designed to show you've done your homework.

  • 1

    “How will Anaconda defend its market position against integrated ML platforms from AWS SageMaker and Azure ML?”

  • 2

    “What is the strategy to convert more of the 40M+ open-source users into paying enterprise customers?”

  • 3

    “Given the recent $150M raise and profitability, what is the expected timeline to liquidity (IPO or acquisition) and how might dilution affect employee equity?”

Community

Valuation Sentiment

Our model estimates +160% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.