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.
Databricks is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Databricks has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
Databricks is privately held company and is not publicly traded, therefor investing in Databricks pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your Databricks shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Databricks shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in Databricks while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
Databricks is used for processing and transforming massive quantities of data and exploring the data through machine learning models.
Databricks was founded by Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski, and Arsalan Tavakoli-Shiraji.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
9/14/2023 | Series I |
$684.56MM raised | $XXX.XX | $XXX.XX |
8/31/2021 | Series H |
$1.63B raised | $XXX.XX | $XXX.XX |
2/1/2021 | Series G |
$1.03B raised | $XXX.XX | $XXX.XX |
10/22/2019 | Series F |
$408.01MM raised | $XXX.XX | $XXX.XX |
2/5/2019 | Series E |
$250MM raised | $XXX.XX | $XXX.XX |
8/22/2017 | Series D |
$140MM raised | $XXX.XX | $XXX.XX |
12/15/2016 | Series C |
$60.37MM raised | $XXX.XX | $XXX.XX |
6/30/2014 | Series B |
$34.14MM raised | $XXX.XX | $XXX.XX |
9/25/2013 | Series A |
$14MM raised | $XXX.XX | $XXX.XX |