Databricks
Data and AI company unifying data, analytics, and AI on a lakehouse platform
SectorsAI Software
Market Metrics
Valuation (Dec 2025 Series L)
$134B
+116% from $62B (Dec 2024)
Revenue Run-Rate (Feb 2026)
$5.4B+
>65% YoY; ~$1.4B AI revenue run-rate
Customers
10,000+
Includes >60% of the Fortune 500
Strategic Acquisitions Spend
~$2.3B
MosaicML ($1.3B Jun 2023) + Tabular (~$1B Jun 2024)
Updated at 2026-Q1
Funding History
Total raised: ~$25B+ equity · Latest valuation: $134B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Series A | Sep 2013 | $14M | - | Andreessen Horowitz |
| Series B | Sep 2014 | $33M | - | NEA |
| Series C | Dec 2016 | $60M | - | NEA |
| Series D | Aug 2017 | $140M | - | Andreessen HorowitzNEA |
| Series E | Feb 2019 | $250M | $2.75B | Andreessen HorowitzCoatueMicrosoft |
| Series F | Oct 2019 | $400M | $6.2B | Andreessen HorowitzT. Rowe Price |
| Series G | Feb 2021 | $1B | $28B | Franklin TempletonSalesforceMicrosoftAmazon+1 more |
| Series H | Aug 2021 | $1.6B | $38B | Counterpoint Global (Morgan Stanley)Andreessen HorowitzBaillie GiffordUC Investments |
| Series I | Sep 2023 | $685M | $43B | T. Rowe Price (lead)NVIDIACapital One VenturesAndreessen Horowitz+1 more |
| Series J | Dec 2024 | $10B | $62B | Thrive Capital (lead)Andreessen HorowitzDST GlobalGIC+3 more |
| Series K | Aug 2025 | $1B | $100B+ | Andreessen HorowitzInsight PartnersMGXThrive Capital+1 more |
| Series L | Dec 2025 | $5B equity (+ ~$2B debt) | $134B | Existing strategic investors |
Updated at 2026-Q1
Product Specifications
| Product | Type | Status |
|---|---|---|
| Lakehouse Platform | Unified analytics platform on AWS / Azure / GCP | GA |
| Unity Catalog | Cross-cloud data + AI governance layer | GA |
| Delta Lake | Open-source transactional storage format | Open-source (Linux Foundation) |
| Apache Spark | Distributed data processing engine (open-source origin) | Open-source (Apache) |
| MLflow | Open-source ML lifecycle platform | Open-source |
| Mosaic AI | Generative AI stack (training, serving, agents, evaluation) | GA |
| DBRX | 132B parameter MoE open-weights model | Released (Mar 2024) |
| Genie | Text-to-SQL conversational analytics | GA (2025) |
| Lakebase | Managed Postgres OLTP for AI agents | GA (2025) |
| Databricks Apps | Application framework on the Lakehouse | GA |
Updated at 2026-Q1
Partnerships & Investors
AWSStrategic / Cloud
First-party Databricks integration; largest deployment cloud by customer count.
Microsoft AzureStrategic / Cloud
First-party 'Azure Databricks' service; Microsoft also a longstanding equity investor (Series E onward).
Google CloudStrategic / Cloud
GCP-native Databricks deployment; partner since 2021.
NVIDIAStrategic / Investor
Series I investor; deep integration with NVIDIA AI Enterprise stack and DGX Cloud.
AnthropicStrategic
Claude models served natively via Mosaic AI; preferred frontier provider for regulated industries.
OpenAIDistribution
OpenAI models available via Mosaic AI Model Serving.
SAPStrategic
SAP Business Data Cloud built on Databricks (announced Feb 2025); SAP rebadges and resells.
Tabular team (acquired)Acquisition
Brought Apache Iceberg creators in-house Jun 2024; powers open-table-format convergence.
Updated at 2026-Q1
Key Milestones
Sep 2013
Company Founded
Spun out of UC Berkeley AMPLab by the original creators of Apache Spark (Matei Zaharia, Ali Ghodsi, Reynold Xin, et al.)
Jun 2020
Lakehouse Paradigm
Lakehouse architecture introduced (combining data warehouse and data lake on object storage)
May 2022
Delta Lake 2.0 Open-Sourced
Full open-source release of the Delta Lake transactional storage format
Jun 2023
MosaicML Acquisition
$1.3B all-stock acquisition; brings generative AI training platform in-house
Mar 2024
DBRX Open Model
132B parameter MoE released open-weights; trained on MosaicML platform
Jun 2024
Tabular Acquisition
~$1B acquisition reunites Databricks with the Apache Iceberg creators; positions for open table format convergence
Jun 2024
Mosaic AI
Brand consolidation for the gen-AI stack (vector search, model serving, agents, evaluation)
Dec 2024
Series J at $62B
$10B raise (one of the largest private rounds ever); $3B+ ARR run-rate confirmed
Jun 2025
Lakebase / Genie GA
Lakebase (OLTP on Postgres for AI agents) and Genie (text-to-SQL analytics) reach GA
Aug 2025
Series K above $100B
$1B round vaults Databricks past a $100B valuation
Dec 2025
Series L at $134B
~$5B equity plus ~$2B debt; revenue run-rate surpasses $5.4B (>65% YoY)
2026 (planned)
S-1 Filing (planned H2 2026)
Company says it is on track to file with the SEC in 2H 2026; would be among the largest enterprise-software IPOs ever
Updated at 2026-Q1