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.
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.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
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 |
$62BValuation of the round being raised (company). Basis not stated. |
—Not disclosedTalks-stage or discussed figure; no multiple |
Valuation at each closed round
Closed rounds only, at the valuation Databricks stated (it does not say pre- or post-money). Term sheets are not plotted.
Sources: Databricks announcements (Jan 2025, Sep 2025, Feb 2026, Aug 2026). US$ 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.
- 17 Dec 2024 · Announced raise
Series J: $10B expected at $62B, $8.6B completed (Databricks).
- 22 Jan 2025 · Closed
Series J final close: $10B at $62B, plus a $5.25B credit facility.
- 19 Aug 2025 · Term sheet
Series K term sheet at over $100B (Databricks).
- 8 Sep 2025 · Closed
Series K: $1B at over $100B; run-rate crossed $4B.
- 16 Dec 2025 · Announced raise
Series L: over $4B at $134B; run-rate crossed $4.8B.
- 9 Feb 2026 · Closed
Series L completed: about $5B equity at $134B, plus ~$2B debt.
- 16 Jul 2026 · Term sheet
Strategic round at $188B led by Coatue; WSJ: about $3B.
- 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)
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
- Databricks: Databricks Grows >80% YoY, Surpasses $7B Revenue Run-Rate … closes $5 billion strategic funding at a $190 billion valuation, 13 Aug 2026
- Databricks: Databricks is Raising a Strategic Round of Funding at a $188 Billion Valuation, 16 Jul 2026
- Databricks: Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, 9 Feb 2026
- Databricks: Databricks … Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation, 16 Dec 2025
- Databricks: Databricks Surpasses $4B Revenue Run-Rate, Exceeding $1B AI Revenue Run-Rate (Series K closing), 8 Sep 2025
- Databricks: Databricks is raising a Series K Investment at >$100 billion valuation, 19 Aug 2025
- Databricks via PR Newswire: Databricks Announces $15B in Financing (completes $10B Series J), 22 Jan 2025
- Databricks: Databricks is Raising $10B Series J Investment at $62B Valuation, 17 Dec 2024
- CNBC: Databricks wraps $5 billion funding round at $190 billion valuation, 13 Aug 2026
- CNA (Reuters): Databricks secures funding round at $188 billion valuation, 17 Jul 2026
- CNBC: Databricks completes $5 billion funding round at $134 billion valuation, 9 Feb 2026
- TechCrunch: Databricks confirms new $100B valuation on $4B ARR, 8 Sep 2025
- TechCrunch: Databricks closes $15.3B financing at $62B valuation, Meta joins as strategic investor, 22 Jan 2025