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Databricks Revenue, Valuation, Funding & Investors
Databricks is valued at $190B as of August 2026, a 27.1x multiple on its last reported $7B revenue.
Last Databricks valuation
$190B
Undisclosed stage · Aug 2026
Last Databricks funding round
$5B
Undisclosed stage · Aug 2026
Databricks revenue
$7B
Undisclosed stage · Aug 2026
Key investors in Databricks
Andreessen Horowitz
New Enterprise Associates
Coatue
Insight Partners
T. Rowe Price
Geodesic Capital
About Databricks
Databricks is a San Francisco-headquartered cloud platform unifying data engineering, analytics, and AI on a lakehouse architecture. Founded in 2013, it supports Delta Lake for reliable data lakes, MLflow for machine learning lifecycle management, and Unity Catalog for governance across workspaces. The platform powers ETL pipelines, serverless SQL warehouses, and generative AI model deployment for enterprises worldwide, including integrations with AWS, Azure, and Google Cloud.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$7B (Aug 2026)
Valuation
$190B (Aug 2026)
Databricks Valuation
Databricks is currently valued at $190B, based on its undisclosed-stage round in August 2026.
The $5B round was led by Coatue, with participation from MGX, Jasper Farms, JPMorgan UK Small Cap, Fidelity, New Enterprise Associates and 6 other investors.
Databricks' valuation has grown 365x from $520M at its Series C in December 2016 to $190B in August 2026, across 12 priced rounds.
Databricks valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2026 | Undisclosed stage | $190B | 27.1x |
| Jul 2026 | Series M | $188B | 27.2x |
| Dec 2025 | Series L | $134B | 27.9x |
| Aug 2025 | Series K | $100B | 25.0x |
| Dec 2024 | Series J | $62B | 20.7x |
| Sep 2023 | Series I | $43B | 28.7x |
| Aug 2021 | Series H | $38B | 63.3x |
| Feb 2021 | Series G | $28B | - |
| Oct 2019 | Series F | $6.2B | 31.0x |
| Feb 2019 | Series E | $2.8B | 13.8x |
| Aug 2017 | Series D | $940M | - |
| Dec 2016 | Series C | $520M | - |
Databricks Revenue
Databricks' latest recorded revenue is $7B, as of its undisclosed-stage round in August 2026. At a $190B valuation, that implies a 27.1x revenue multiple.
Revenue grew from $200M in February 2019 to $7B in August 2026, while the revenue multiple moved from 13.8x to 27.1x.
Databricks revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2026 | $7B | $190B | 27.1x | Undisclosed stage |
| Jul 2026 | $6.9B | $188B | 27.2x | Series M |
| Dec 2025 | $4.8B | $134B | 27.9x | Series L |
| Aug 2025 | $4B | $100B | 25.0x | Series K |
| Dec 2024 | $3B | $62B | 20.7x | Series J |
| Sep 2023 | $1.5B | $43B | 28.7x | Series I |
| Aug 2021 | $600M | $38B | 63.3x | Series H |
| Oct 2019 | $200M | $6.2B | 31.0x | Series F |
| Feb 2019 | $200M | $2.8B | 13.8x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Databricks Funding History
Databricks has raised a total of $27B across 14 funding rounds.
Databricks' first fundraising round was a $14M Series A in September 2013. The most recent completed round was a $5B undisclosed-stage round in August 2026.
Databricks funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Undisclosed stage | Coatue (lead); MGX; Jasper Farms; JPMorgan UK Small Cap; Fidelity; New Enterprise Associates; GIC; Premji Invest; T. Rowe Price; Andreessen Horowitz; Insight Partners; Goldman Sachs Asset Management | $5B | $190B | Databricks closed a $5 billion strategic funding round at a $190 billion valuation, led by Coatue with participation from Blackstone, MGX, accounts advised by T. Rowe Price Associates and T. Rowe Price Investment Management, and new investor Sixth Street Growth. The company said the capital will support further investment in AI products, including agent-focused offerings, building on a prior 2026 financing that included equity and debt capacity. Strategically, the round extends Databricks’ push into enterprise AI infrastructure and applications. The company said it had surpassed a $7 billion revenue run-rate in Q2 2026 and was growing more than 80% year over year, which provides context for the higher valuation and continued investor demand. Earlier in 2026, Databricks raised about $5 billion in equity and added about $2 billion in debt capacity at a $134 billion valuation, showing a rapid sequence of large financings as it expands its AI product set. Databricks is a data and AI software company based in San Francisco. Its products include Unity AI Gateway, Genie, and Lakebase, which it has highlighted as key areas for new capital deployment. The company’s investor base in the round included both new and existing backers, reflecting continued support from large institutional investors as it scales its platform for enterprise customers. |
| Jul 2026 | Series M | Coatue (lead) | $3B | $188B | Databricks' Series M funding round is a strategic $3 billion investment led by Coatue Management, valuing the data and AI company at $188 billion. The mega-round underscores investor confidence in Databricks' multi-AI platform strategy and allows the tech giant to delay an IPO while aggressively scaling. The Series M round places Databricks' valuation at $188 billion, marking a rapid ~40% increase from its earlier 2026 fundraising (Series L), which closed at $134 billion. The round brings in $3 billion in fresh strategic capital, adding to the approximate $20 billion the company has raised since its inception. |
| Dec 2025 | Series L | Fidelity (lead); Insight Partners (lead); JPMorgan Asset Management (lead); Robinhood Ventures; Strike Capital; Winslow Capital; New Enterprise Associates; Infinitum Partners; Blackstone; T. Rowe Price; Coatue | $4B | $134B | Databricks, a data and AI company, raised over $4 billion in a Series L funding round on December 16, 2025, valuing the company at $134 billion post-money. The round was led by Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management, with participation from Blackstone, Coatue, NEA, T. Rowe Price, Winslow Capital, and others including Andreessen Horowitz, BlackRock, GIC, MGX, Ontario Teachers Pension Plan, Robinhood Ventures, Temasek, and Thrive Capital. At the time of the announcement, Databricks reported a $4.8 billion revenue run-rate during its third fiscal quarter, growing over 55% year-over-year, with positive free cash flow over the last 12 months. The company achieved over $1 billion run-rate revenue from its Data Warehousing business and over $1 billion from its AI products, sustaining a net retention rate above 140% and serving more than 700 customers with over $1 million annual revenue run-rate each. The funding supports acceleration of products like Lakebase (a serverless Postgres database for AI), Databricks Apps, and Agent Bricks for building data-intelligent applications, amid strong enterprise adoption by over 20,000 organizations including more than 60% of the Fortune 500. |
| Aug 2025 | Series K | Andreessen Horowitz (lead); Insight Partners (lead); MGX (lead); Thrive Capital (lead); WCM Investment Management (lead); Infinitum Partners | $1B | $100B | Databricks, a data and AI company providing a platform for machine learning, analytics, and AI applications on enterprise data, closed its Series K funding round on September 8, 2025, raising $1 billion at a $100 billion post-money valuation. The round was co-led by Andreessen Horowitz, Insight Partners, MGX, Thrive Capital, and WCM Investment Management, matching the specified investors. This valuation marks a significant increase from prior rounds, including $62 billion in December 2024 and earlier raises totaling over $20 billion. The funding supports acceleration of Databricks' AI strategy, including expansion of Agent Bricks for building production AI agents, the new Lakebase operational database category optimized for AI agents, global growth, AI acquisitions, and research. At the time of the announcement, Databricks reported surpassing a $4 billion revenue run-rate in Q2 2025, growing over 50% year-over-year, with AI products exceeding $1 billion revenue run-rate. Additional traction includes positive free cash flow over the last 12 months, net retention rate over 140%, and more than 650 customers with over $1 million annual revenue run-rate. The round was oversubscribed, reflecting strong investor interest amid booming demand for AI apps and agents, positioning Databricks as one of the world's most valuable private companies alongside SpaceX and ByteDance. |
| Dec 2024 | Series J | Andreessen Horowitz (lead); DST Global (lead); GIC (lead); Insight Partners (lead); Thrive Capital (lead); WCM Investment Management | $10B | $62B | - |
| Sep 2023 | Series I | NVIDIA (lead); T. Rowe Price (lead) | $500M | $43B | Databricks, a data and AI company, announced its Series I funding round on September 14, 2023, raising over $500 million at a $43 billion post-money valuation, with a price per share of $73.50. The round was led by T. Rowe Price Associates and included new investors NVIDIA, Capital One Ventures, and Ontario Teachers' Pension Plan, alongside existing investors like Andreessen Horowitz, Baillie Gifford, and Tiger Global. The funding underscores Databricks' momentum in the Lakehouse platform, which unifies data, analytics, and AI for enterprise customers to manage data and build generative AI solutions. Databricks reported surpassing a $1.5 billion revenue run rate with over 50% year-over-year growth in its second quarter ended July 31, 2023, alongside more than 10,000 global customers. The company achieved record non-GAAP subscription gross margins of 85% and closed the acquisition of MosaicML, a generative AI platform, for $1.3 billion. These milestones highlight strong traction amid rapid adoption of its unified data and AI platform. Strategic partnerships, particularly with NVIDIA, aim to enhance AI capabilities using NVIDIA technology for data processing and generative AI models. CEO Ali Ghodsi emphasized the round's focus on long-term partnerships rather than cash needs, positioning Databricks for B2B generative AI growth leveraging enterprise data trust. The valuation rose from $38 billion in its 2021 Series H, signaling resilience in a challenging late-stage funding environment. |
| Aug 2021 | Series H | Counterpoint Global (lead) | $1.6B | $38B | Databricks, a data and AI company offering the lakehouse platform combining data lake and warehouse capabilities, announced a $1.6 billion Series H funding round on August 31, 2021, led by Counterpoint Global (Morgan Stanley), achieving a $38 billion post-money valuation. New investors included Baillie Gifford, ClearBridge Investments, and UC Investments, alongside existing participants like Andreessen Horowitz, BlackRock, and Tiger Global. The round brought total funding to nearly $3.6 billion, aimed at accelerating innovation in the data lakehouse market, global expansion, and partner ecosystem growth. At the time of the round, Databricks reported surpassing $600 million in ARR, highlighting rapid growth in its cloud-native analytics platform supporting open standards, multicloud flexibility, and machine learning applications. The company positions the lakehouse as a modern alternative to legacy data warehouses, targeting enterprises transforming data into business insights. This funding followed a $1 billion Series G round seven months prior at a $28 billion valuation, reflecting strong investor confidence in Databricks' leadership in the emerging data lakehouse category amid rising cloud adoption and AI demand. |
| Feb 2021 | Series G | Putnam Premier IT (lead) | $1B | $28B | - |
| Oct 2019 | Series F | Andreessen Horowitz (lead); Dragoneer; Microsoft; New Enterprise Associates; Geodesic Capital; T. Rowe Price; BlackRock; Tiger Global; Coatue; Alkeon Capital; Green Bay Ventures | $400M | $6.2B | Databricks, a data analytics platform built on open-source technologies like Apache Spark, announced a $400 million Series F funding round on October 22, 2019, valuing the company at $6.2 billion post-money. The round was led by Andreessen Horowitz with participation from Alkeon Capital, BlackRock Enhanced, Coatue, Dragoneer Investment Group, Geodesic Capital, Green Bay Ventures, Microsoft, New Enterprise Associates, T. Rowe Price, and Tiger Global, bringing total funding to nearly $900 million. As of Q3 2019, Databricks reported a $200 million revenue run rate, with recurring revenue (ARR) growing over 2.5x in the past year. The platform includes products like Delta Lake for open-source data lakes, MLflow for machine learning operations, Koalas for unified Spark and Pandas frameworks, and Spark as the core analytics engine. The funding supports increased R&D investment and global expansion into regions including Europe, the Middle East, Africa, Asia Pacific, and Latin America. Databricks had demonstrated rapid revenue growth from near-zero in earlier years to the $200 million run rate by late 2019, reflecting strong adoption among enterprises for big data processing and analytics. This Series F round positioned Databricks as a key player in the data analytics space amid growing demand for scalable, open-source-based solutions. Subsequent growth saw revenue run rates accelerate to $350 million by Q3 2020, underscoring the momentum from this funding milestone. |
| Feb 2019 | Series E | Andreessen Horowitz (lead); Microsoft; New Enterprise Associates; Battery Ventures; Geodesic Capital; BAM Elevate; Unbound; Coatue; Founders Future; Green Bay Ventures | $250M | $2.8B | Databricks, founded by the creators of Apache Spark, provides a unified data analytics platform for data science, data engineering, and business analytics, enabling rapid customer adoption across thousands of global organizations. In 2019, the company participated in a Series E funding round around May, led by Andreessen Horowitz with participation from investors including Microsoft, Battery Ventures, New Enterprise Associates, and others matching the query's list. Near the time of the 2019 round, Databricks achieved a $200 million revenue run rate by the end of Q3 2019, having increased annual recurring revenue more than 2.5x over the prior year from near zero to this level in under four years. This growth reflected strong traction in its Unified Data Analytics Platform. The company generated $425 million in revenue in 2020, building on the 2019 run rate. Microsoft was a notable investor in the 2019 Series E. Later rounds saw much higher valuations, such as $100B in 2025 and $134B in late 2025/early 2026, with revenue run rates scaling to billions. |
| Aug 2017 | Series D | Andreessen Horowitz (lead); New Enterprise Associates; Battery Ventures; Geodesic Capital; Unbound; Green Bay Ventures | $140M | $940M | - |
| Dec 2016 | Series C | New Enterprise Associates (lead); SineWave Ventures; Andreessen Horowitz | $60M | $520M | Databricks, founded by the creators of Apache Spark, closed a $60 million Series C funding round on December 15, 2016, led by New Enterprise Associates (NEA) with participation from existing investor Andreessen Horowitz, bringing total funding to $107.5 million. The funding supports deepened commitment to open-source Apache Spark and investment in its commercial Databricks just-in-time data platform for data integration, real-time experimentation, and production applications. At the time, Databricks reported serving over 400 customers, having trained over 20,000 users on Spark, and contributing to Spark's world records like the CloudSort benchmark, with Spark meetup members growing from 66,000 in 2015 to over 288,000 in 2016. Spark had become the de facto technology for big data analytics, being the most active open-source project in the space with over 1,000 contributors from more than 250 organizations. The investment aimed to expand product development, customer success, sales, and marketing amid accelerating cloud data processing workloads and explosive customer demand. NEA's Pete Sonsini highlighted Databricks' positioning to drive the cloud data revolution, while CEO Ali Ghodsi noted rising adoption of Spark and demand for the managed platform. |
| Jun 2014 | Series B | New Enterprise Associates (lead); Andreessen Horowitz; DCVC | $33M | - | Databricks, founded by the creators of Apache Spark, raised $33 million in its Series B funding round on June 30, 2014, led by New Enterprise Associates with participation from Andreessen Horowitz. This followed a $13.9 million Series A in 2013 led by Andreessen Horowitz, bringing total funding at that point to $47 million. The round coincided with the launch of Databricks Cloud, a managed cloud platform built around Apache Spark aimed at simplifying big data processing, reducing management overhead, and enabling faster analytics compared to alternatives like Hadoop or Google's MapReduce. The funding was intended to support rapid expansion, including hiring and broadening platform availability beyond AWS to providers like Google Compute Engine and Microsoft Azure. At the time, Databricks positioned itself as a revolutionary force in big data, leveraging open-source Spark technology developed from UC Berkeley research in 2009 and released in 2010. CEO Ion Stoica emphasized simplifying data workflows to help organizations extract value from big data investments. |
| Sep 2013 | Series A | Andreessen Horowitz (lead); SV Angel; Alfred Chuang | $14M | - | Databricks raised $13.9 million in its Series A round in September 2013, led by Andreessen Horowitz with participation from Alfred Chuang and SV Angel. The company, founded in 2013 by the creators of Apache Spark, provides a unified data analytics platform for data engineering, machine learning, and analytics on large-scale data. This early-stage funding supported initial development amid slim revenues, as Databricks generated around $1 million in revenues by 2015. The round preceded subsequent raises including a $33 million Series B in 2014 and $60 million Series C in 2016. Databricks has since scaled dramatically, achieving a $200 million revenue run rate by Q3 2019 and continued rapid growth in later years. |
Who has invested in Databricks?
39 investors have backed Databricks across its funding rounds, including Andreessen Horowitz, New Enterprise Associates, Coatue, Insight Partners, T. Rowe Price and Geodesic Capital.
Lead investors include Coatue, Fidelity, Insight Partners, JPMorgan Asset Management, Andreessen Horowitz and 10 other investors.
Databricks Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 9 | Lead | Sep 2013 | ||
| 7 | Lead | Jun 2014 | ||
| 5 | Lead | Feb 2019 | ||
| 4 | Lead | Oct 2019 | ||
| 4 | Lead | Dec 2024 | ||
| 3 | Participant | Aug 2017 | ||
| 3 | Participant | Aug 2017 | ||
| 2 | Lead | Dec 2024 | ||
| 2 | Lead | Aug 2025 | ||
| 2 | Participant | Feb 2019 | ||
| 2 | Lead | Dec 2025 | ||
| 2 | Participant | Aug 2017 | ||
| 2 | Participant | Aug 2025 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Databricks
Databricks has acquired 18 companies to date.
Last acquisition by Databricks was on August 11th 2026. Databricks acquired Electric for undisclosed valuation.
Latest Acquisitions by Databricks
| Description | Electric is a synchronization platform for Postgres databases that runs in real time and includes an agent framework. | Panther Labs is a cybersecurity company offering a security data lake and detection-as-code platform for threat hunting and incident response. Founded in 2018 by Jack Naglieri and headquartered in San Francisco, California, it processes petabytes of log data daily from cloud environments, endpoints, and networks to detect anomalies using open-source rules and custom queries. | SiftD helps engineering and operations teams accelerate AI deployment with emphasis on safety, security, and transparency. | Quotient AI builds AI-native software to automate sales prospecting and outreach. The platform processes target accounts for insights and personalized messages aimed at sales development reps and account executives. Quotient AI pulls data from various sources to build lead profiles, prioritizes prospects, and employs large language models for company summaries, trigger detection, email drafting, and campaign sequences. | |
| HQ Country | |||||
| HQ City | Poreč | San Francisco, CA | San Francisco, CA | Boston, MA | |
| Deal Date | 11 Aug 2026 | 15 Jun 2026 | 23 Mar 2026 | 10 Mar 2026 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Databricks
Databricks has invested in 3 companies to date.
Latest investment by Databricks was on February 24th 2026. Databricks invested in Nimble Way in their $47M Series B round.
Latest Investments by Databricks
| Description | Nimble Way is a service optimizing public web data collection pipelines using IP infrastructure for reliable, scalable data gathering tailored to client requirements. | Unconventional AI engineers bio-inspired hardware and software for energy-efficient AI computing, diverging from traditional architectures to mimic neural systems in silicon. | Datapao is a Budapest-based data and AI consultancy founded in 2016 that designs and implements data platforms, data engineering pipelines and machine-learning workloads for enterprise clients. It is one of Databricks' longest-standing European implementation partners and a 2024 Databricks Partner Award winner, earning fees from consulting, platform migration, GenAI enablement and training engagements. In July 2025 Databricks and Euroventures made a strategic minority investment to scale the firm's delivery capacity. |
| HQ Country | |||
| HQ City | - | - | Budapest |
| Deal Date | 24 Feb 2026 | 8 Dec 2025 | 24 Jul 2025 |
| Round | Series B | Seed | Strategic investment |
| Raised | $47M | $475M | undisclosed |
| Investors | InvestInData; R-Squared Ventures; J-Ventures; Slow Ventures; Hetz Ventures; Norwest; Square Peg Capital; Target Global | Future Ventures; Lux Capital; Era; Jeff Bezos; Andreessen Horowitz; Naveen Rao; Sequoia Capital; Lightspeed Venture Partners; DCVC | Euroventures |
| Valuation | undisclosed | $4.5B | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
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Databricks Competitors
Databricks competitors include listed companies like Snowflake, Oracle, Nebius Group and ServiceNow, and private ones like Nscale and Baseten.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x | ||
| Publicly listed | $67B | $33B | $455B | 7.8x | ||
| Publicly listed | $530M | $512M | $59B | 24.2x | ||
| Private | $33M | - | $15B | 442.4x | ||
| Private | $600M | - | $13B | 21.7x | ||
| Publicly listed | $13B | $2.6B | $143B | 9.6x |
Databricks Public Comps
Databricks is still privately-owned, but its public comps include Salesforce, IBM, ServiceNow, SAP, CrowdStrike, Snowflake, Cloudflare, Alibaba Group, Adobe and Datadog.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $68B | $17B | 4.2x | 4.0x | 16.9x | 14.6x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $2.2B | ($25M) | 54.6x | 44.3x | (4653.4x) | 185.1x | |||
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
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Common questions about Databricks
| When was Databricks founded? | Databricks was founded in 2013. |
| Where is Databricks headquartered? | Databricks is headquartered in San Francisco, CA, United States. |
| Is Databricks publicly listed? | No, Databricks is a private, VC-backed company. |
| What is Databricks' valuation? | Databricks was last valued at $190B in its undisclosed-stage round in August 2026. |
| How much funding has Databricks raised? | Databricks has raised $27B across 14 funding rounds. |
| What was Databricks' last funding round? | Databricks' last funding round was a $5B undisclosed-stage round in August 2026, led by Coatue. |
| Who are Databricks' investors? | Databricks' investors include Andreessen Horowitz, New Enterprise Associates, Coatue, T. Rowe Price, Insight Partners, Geodesic Capital, Green Bay Ventures, WCM Investment Management, MGX, Microsoft and 29 others. |
| What is Databricks' revenue? | Databricks' latest recorded revenue is $7B (August 2026). |
| What is Databricks' revenue multiple? | Databricks' latest valuation implies a 27.1x revenue multiple ($190B valuation on $7B of revenue). |
| Which companies are comparable to Databricks? | Companies comparable to Databricks include Snowflake, Oracle, Nebius Group, Nscale, Baseten and ServiceNow. |
| How many companies has Databricks acquired? | Databricks has acquired 18 companies, including Electric, Panther, SiftD, Quotient AI and Tecton. |
| What was the largest acquisition by Databricks? | The $2B acquisition of Tabular in June 2024 is the largest acquisition Databricks has made to date. |
| How many companies has Databricks invested in? | Databricks has invested in 3 companies, including Nimble Way, Unconventional AI and Datapao. |
| What was Databricks' last investment? | In February 2026, Databricks invested in Nimble Way's $47M Series B alongside InvestInData, R-Squared Ventures, J-Ventures and 5 other investors. |
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