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Databricks Funding Rounds & Valuation History (Live Tracker)

Private Valuation & Funding Round Tracker · Databricks

Databricks funding rounds & valuation history

Every Databricks round from the Series J to the $190B strategic round, plus the term sheets and announced raises that preceded each close, labelled as a closed round or talks. Each row gives the amount, lead investors, valuation, a revenue multiple where the company stated a run-rate, and its source.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 8 Currency: US$, nominal
Last closed valuation Closed
$190B
Strategic round, 13 Aug 2026
Run-rate at that close
over $7B
Crossed in Q2, growing >80% YoY (company)
Latest multiple
under 27.1×
$190B ÷ run-rate that “crossed $7B” (GNF calc.)
Raised in closed rounds
$21B
Equity, Series J to Aug 2026 ($10B + $1B + ~$5B + $5B)
Excludes the $5.25B (Jan 2025) and ~$2B (Feb 2026) of debt facilities.

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 8 of 8 rows
Databricks funding rounds, term sheets and announced raises, December 2024 to August 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Strategic round ($190B)Databricks calls it a “strategic funding round”; it is a priced equity round. Closed above the $188B term sheet.
$5B
CoatueAlong with: Blackstone, MGX, T. Rowe Price-advised accounts, Sixth Street Growth (new)
$190BValuation stated by Databricks; pre- or post-money not stated1.42× vs prior closed
under 27.1×$190B ÷ run-rate that “crossed $7 billion” in Q2 (company, 13 Aug 2026). GNF calc.
Reported talks
Term sheet (became the $190B round)Outcome: closed 13 Aug 2026, $5B at $190B.
$3BSize reported by the WSJ (via Reuters); Databricks gave no amount
Coatue
$188BValuation on a signed term sheet (company announcement). Basis not stated.
—Not disclosedTalks-stage or discussed figure; no multiple
Closed round
Series LDatabricks: “completing investments … in excess of $7 billion, including ~$5B of equity financing at a $134 billion valuation and ~$2B of additional debt capacity.”No step-up shown: the prior closed round (Series K) was stated only as “over $100 billion”.
About $5BEquity; plus about $2B of new debt capacity (not counted)
Insight Partners, Fidelity, J.P. Morgan Asset ManagementAdded at close: Glade Brook, Goldman Sachs Alternatives, Microsoft, Morgan Stanley, Neuberger, QIA, UBS funds and others
$134BValuation stated by Databricks; pre- or post-money not stated
under 24.8×$134B ÷ run-rate that “crossed $5.4 billion” in Q4 (company, 9 Feb 2026). GNF calc.
Reported talks
Announced raise (became the Series L)Outcome: completed 9 Feb 2026 at about $5B equity, same $134B valuation. Run-rate stated then: crossed $4.8B (Q3).
Over $4B
Insight Partners, Fidelity, J.P. Morgan Asset Management
$134BValuation of the round being raised (company). Basis not stated.
—Not disclosedTalks-stage or discussed figure; no multiple
Closed round
Series KAnnounced as “closing”; TechCrunch: Databricks confirms new $100B valuation on $4B ARR.
$1B
a16z, Insight Partners, MGX, Thrive Capital, WCM Investment Management (co-leads)
Over $100B“Values the company at over $100 billion” (company). Basis not stated.
—Not disclosedNo multiple: valuation (“over $100B”) and run-rate (“crossed $4B”) are both floors, so the ratio has no bound.
Reported talks
Term sheet (became the Series K)Outcome: Series K closing announced 8 Sep 2025, $1B at over $100B.
—Not disclosed
—Not disclosed
Over $100BSigned term sheet, existing investors (company). Basis not stated.
—Not disclosedTalks-stage or discussed figure; no multiple
Closed round
Series JFinal closing; QIA, Temasek and Macquarie Capital entities joined, and Meta as a strategic investor. Earliest round in this tracker.
$10BEquity; a $5.25B credit facility closed alongside (debt, not counted)
Thrive CapitalCo-led: a16z, DST Global, GIC, Insight Partners, WCM Investment Management
$62BValuation stated by Databricks; pre- or post-money not stated
—Not disclosedNo run-rate stated at close. In Dec 2024 the company said it “expects” to cross a $3B run-rate in Q4; a forecast is not used.
Reported talks
Announced raise (became the Series J)Outcome: final closing announced 22 Jan 2025 at $10B and $62B.
$10B expected$8.6B completed to date (company)
Thrive Capital
$62BValuation of the round being raised (company). Basis not stated.
—Not disclosedTalks-stage or discussed figure; no multiple
“vs prior closed” = valuation ÷ the prior closed round’s valuation, shown only when both are exact. Multiples are GNF calculations on the run-rate Databricks stated at each close. Rounds before the Series J are not yet in this tracker.

Valuation at each closed round

Closed rounds only, at the valuation Databricks stated (it does not say pre- or post-money). Term sheets are not plotted.

Sources: Databricks announcements (Jan 2025, Sep 2025, Feb 2026, Aug 2026). US$ billions, linear scale. The Series K bar is drawn at its $100B floor.

Talks vs. closings

What was reported in talks, and what actually closed.

  1. 17 Dec 2024 · Announced raise

    Series J: $10B expected at $62B, $8.6B completed (Databricks).

  2. 22 Jan 2025 · Closed

    Series J final close: $10B at $62B, plus a $5.25B credit facility.

  3. 19 Aug 2025 · Term sheet

    Series K term sheet at over $100B (Databricks).

  4. 8 Sep 2025 · Closed

    Series K: $1B at over $100B; run-rate crossed $4B.

  5. 16 Dec 2025 · Announced raise

    Series L: over $4B at $134B; run-rate crossed $4.8B.

  6. 9 Feb 2026 · Closed

    Series L completed: about $5B equity at $134B, plus ~$2B debt.

  7. 16 Jul 2026 · Term sheet

    Strategic round at $188B led by Coatue; WSJ: about $3B.

  8. 13 Aug 2026 · Closed

    $5B at $190B; run-rate crossed $7B. This is the last closed valuation.

Cite this dataset

Free to quote with a link back. Copy this citation:

Databricks Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/databricks/

Download the data

The same 8 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
databricks-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/databricks-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A priced equity round Databricks announced as closed or completed. Databricks states a valuation but not whether it is pre- or post-money; the chart shows it as stated.

Reported talks

A round before it closed: a signed term sheet or an “is raising” announcement by Databricks, or a size reported by the press (attributed). Paired with the round it became. No multiple.

Valuation ÷ run-rate

Valuation ÷ the run-rate revenue Databricks stated in the closing announcement (GNF calc.). Databricks says its run-rate “crossed” or “surpassed” a figure, so multiples are shown as “under”. No multiple where both valuation and run-rate are floors (Series K) or where only a forecast was given (Series J).

What is not a separate row

Rounds before the Series J (Series I, Sep 2023, and earlier) are not yet in this tracker. Debt: the $5.25B credit facility (Jan 2025: $2.5B revolver + $2.75B term loan) and ~$2B of debt capacity (Feb 2026). Employee tenders and secondary-market prices are not included. Databricks has not publicly filed for an IPO.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled: Series J, K, L and the August 2026 strategic round, with the term sheets and announced raises before each, checked against Databricks releases and the linked press.

Sources

  1. Databricks: Databricks Grows >80% YoY, Surpasses $7B Revenue Run-Rate … closes $5 billion strategic funding at a $190 billion valuation, 13 Aug 2026
  2. Databricks: Databricks is Raising a Strategic Round of Funding at a $188 Billion Valuation, 16 Jul 2026
  3. Databricks: Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, 9 Feb 2026
  4. Databricks: Databricks … Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation, 16 Dec 2025
  5. Databricks: Databricks Surpasses $4B Revenue Run-Rate, Exceeding $1B AI Revenue Run-Rate (Series K closing), 8 Sep 2025
  6. Databricks: Databricks is raising a Series K Investment at >$100 billion valuation, 19 Aug 2025
  7. Databricks via PR Newswire: Databricks Announces $15B in Financing (completes $10B Series J), 22 Jan 2025
  8. Databricks: Databricks is Raising $10B Series J Investment at $62B Valuation, 17 Dec 2024
  9. CNBC: Databricks wraps $5 billion funding round at $190 billion valuation, 13 Aug 2026
  10. CNA (Reuters): Databricks secures funding round at $188 billion valuation, 17 Jul 2026
  11. CNBC: Databricks completes $5 billion funding round at $134 billion valuation, 9 Feb 2026
  12. TechCrunch: Databricks confirms new $100B valuation on $4B ARR, 8 Sep 2025
  13. TechCrunch: Databricks closes $15.3B financing at $62B valuation, Meta joins as strategic investor, 22 Jan 2025