How much has Databricks raised?
Databricks has raised more than $15 billion in disclosed funding, including a $10 billion Series J in 2024 and a $4 billion Series L in 2026 that valued the company at $134 billion.
- Total raised
- $15B+
- Disclosed rounds
- Seed through Series L
- Latest round
- $4B Series L
- Latest valuation
- $134B
- First raised
- 2013-2014
- Notable backer
- Andreessen Horowitz
Databricks' funding rounds
Databricks' valuation accelerated as data infrastructure became AI infrastructure.
- 2013-2018Seed through Series DEarly rounds commercialized Apache Spark and the cloud data platform.
- 2019Series E/F - $6.2B valuation$250M Series E and $400M Series F funded lakehouse expansion.
- 2021Series G - $28B valuation$1B round as cloud data demand grew.
- 2021Series H - $38B valuation$1.6B round.
- 2023Series I - ~$43B valuationFunding during the early generative AI platform race.
- 2024Series J - ~$62B valuation$10B mega-round.
- 2026Series L - $134B valuation$4B round reported by Reuters.
How much has Databricks raised in total?
Databricks has raised more than $15 billion in disclosed funding. The 2024 and 2026 mega-rounds alone account for roughly $14 billion of that total.
Who are Databricks' investors?
Investors include Andreessen Horowitz, NEA, Microsoft, CapitalG, Nvidia, Thrive, GIC, Insight, and other growth investors. Strategic cloud and AI investors matter because Databricks sits inside the enterprise AI infrastructure stack.
Why did the valuation move?
The valuation moved as Databricks shifted from data lakehouse to AI platform, benefited from generative AI demand, and reported multibillion-dollar annualized revenue. Investors are underwriting Databricks as a potential public-company peer to cloud data leaders.
Is Databricks profitable, and will it IPO?
Databricks has not announced an IPO date. The company has repeatedly been viewed as IPO-ready, but large private rounds give it flexibility while it scales AI revenue and improves operating leverage.
What does Databricks' funding mean if you sell into them?
Databricks is a very large enterprise software buyer with sophisticated procurement. Strong vendor angles include cloud cost optimization, AI infrastructure, security, data governance, sales productivity, partner operations, and developer productivity.
As of June 2026.Sources:Reuters - Series LDatabricks WikipediaDatabricks newsroom
Databricks — frequently asked questions
