Databricks was founded in 2013 by Ali Ghodsi, Andy Konwinski, Ion Stoica, Matei Zaharia, Patrick Wendell, and Reynold Xin. According to The Information in July 2024, the company is nearing a possible IPO eleven years after its founding. However, despite these conversations, the company has not publicly endorsed a plan to participate in an IPO.
Databricks is an engineering and analytic software company based on AI technology. Per Forge data, Databricks has raised a total of $4 billion in funding over 12 rounds, with their latest funding on February 27, 2024. Key investors include Counterpoint Global, Franklin Templeton Investments, and In-Q-Tel.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/14/2023 | Series I | $684.56MM | $xx.xx | $43.41B | T. Rowe Price Associates, Andreessen Horowitz, Baillie Gifford, ClearBridge Investments, Counterpoint Global, Fidelity, Franklin Templeton, GIC, Octahedron Capital, Tiger Global Management, Capital One Ventures, Ghisallo Capital Management, Ontario Teachers' Pension Plan, NVIDIA | |
Price per Share
$xx.xx
Shares Outstanding
9,313,729
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price Associates, Andreessen Horowitz, Baillie Gifford, ClearBridge Investments, Counterpoint Global, Fidelity, Franklin Templeton, GIC, Octahedron Capital, Tiger Global Management, Capital One Ventures, Ghisallo Capital Management, Ontario Teachers' Pension Plan, NVIDIA
|
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08/31/2021 | Series H | $1.63B | $xx.xx | $37.89B | Counterpoint Global, Baillie Gifford, ClearBridge Investments, UC Investments, BlackRock, Canada Pension Plan Investment Board, Coatue Management, Fidelity, Franklin Templeton, GIC, Greenoaks, Octahedron Capital, T. Rowe Price, Tiger Global Management, Whale Rock Capital Management | |
Price per Share
$xx.xx
Shares Outstanding
22,200,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Counterpoint Global, Baillie Gifford, ClearBridge Investments, UC Investments, BlackRock, Canada Pension Plan Investment Board, Coatue Management, Fidelity, Franklin Templeton, GIC, Greenoaks, Octahedron Capital, T. Rowe Price, Tiger Global Management, Whale Rock Capital Management
|
||||||
02/01/2021 | Series G | $1.03B | $xx.xx | $28B | Franklin Templeton, CPPIB, Fidelity, Whale Rock, Amazon Web Services, CapitalG, Salesforce Ventures, Microsoft, Andreessen Horowitz, Alkeon Capital Management, BlackRock, Coatue Management, T. Rowe Price, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
17,400,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Franklin Templeton, CPPIB, Fidelity, Whale Rock, Amazon Web Services, CapitalG, Salesforce Ventures, Microsoft, Andreessen Horowitz, Alkeon Capital Management, BlackRock, Coatue Management, T. Rowe Price, Tiger Global Management
|
||||||
10/22/2019 | Series F | $408.01MM | $xx.xx | $6.2B | Andreessen Horowitz, Microsoft, Dragoneer Investment Group, New Enterprise Associates, Geodesic Capital, Green Bay Ventures, Coatue Management, Tiger Global Management, T. Rowe Price, BlackRock, Alkeon Capital Management | |
Price per Share
$xx.xx
Shares Outstanding
28,500,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Microsoft, Dragoneer Investment Group, New Enterprise Associates, Geodesic Capital, Green Bay Ventures, Coatue Management, Tiger Global Management, T. Rowe Price, BlackRock, Alkeon Capital Management
|
||||||
02/05/2019 | Series E | $250MM | $xx.xx | $2.81B | Andreessen Horowitz, Coatue Management, Microsoft, New Enterprise Associates, Geodesic Capital, Green Bay Ventures | |
Price per Share
$xx.xx
Shares Outstanding
35,231,280
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Coatue Management, Microsoft, New Enterprise Associates, Geodesic Capital, Green Bay Ventures
|
||||||
08/22/2017 | Series D | $140MM | $xx.xx | $960.3MM | Andreessen Horowitz, New Enterprise Associates, Battery Ventures, A Capital Partners, Geodesic Capital, Green Bay Ventures, The Future Fund | |
Price per Share
$xx.xx
Shares Outstanding
50,104,962
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, New Enterprise Associates, Battery Ventures, A Capital Partners, Geodesic Capital, Green Bay Ventures, The Future Fund
|
||||||
12/15/2016 | Series C | $60.37MM | $xx.xx | $519.62MM | New Enterprise Associates, In-Q-Tel, SineWave Ventures, Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
30,709,548
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
New Enterprise Associates, In-Q-Tel, SineWave Ventures, Andreessen Horowitz
|
||||||
06/30/2014 | Series B | $34.14MM | $xx.xx | $250.23MM | New Enterprise Associates, Data Collective, Andreessen Horowitz, Australia Future Fund | |
Price per Share
$xx.xx
Shares Outstanding
30,618,855
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
New Enterprise Associates, Data Collective, Andreessen Horowitz, Australia Future Fund
|
||||||
09/25/2013 | Series A | $14MM | $xx.xx | $48.68MM | Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
53,951,256
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz
|