Databricks was founded in 2013 by Ali Ghodsi, Andy Konwinski, Ion Stoica, Matei Zaharia, Patrick Wendell, and Reynold Xin. In September 2023, Forbes reported that the company had a $500M funding round from Al Titan Nvidia. This funding round brought Databricks to a valuation of $43 billion. Despite the financial growth reported by Forbes, they have not officially 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 $4.2 billion in funding over 12 rounds, with their latest funding on Sep 14, 2023, from a Series I round. 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.

Register for Details

For more details on financing and valuation for Databricks, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Learn more about Databricks

Forge green plus iconForge green minus icon

Is Databricks a publicly traded company?

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.

Forge green plus iconForge green minus icon

Will Databricks go IPO?

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.

Forge green plus iconForge green minus icon

What is Databricks's IPO price?

The IPO price for Databricks will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
Forge green plus iconForge green minus icon

Can you invest in Databricks pre-IPO?

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.

Forge green plus iconForge green minus icon

What is the value of my Databricks shares?

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.

Forge green plus iconForge green minus icon

Can you sell Databricks before it goes public?

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.

Forge green plus iconForge green minus icon

What is Databricks's funding to date?

Databricks has raised $4.25B to date.
Forge green plus iconForge green minus icon

When was Databricks founded?

Databricks was founded in 2013.
Forge green plus iconForge green minus icon

What is Databricks used for?

Databricks is used for processing and transforming massive quantities of data and exploring the data through machine learning models.

Forge green plus iconForge green minus icon

Who is the founder of Databricks?

Databricks was founded by Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski, and Arsalan Tavakoli-Shiraji.

Who are Databricks's major investors?

Tiger Global Management
Andreessen Horowitz
New Enterprise Associates
Salesforce Ventures
T. Rowe Price
Franklin Templeton Investments

Databricks funding rounds and last known valuation

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
Based on primary financings
Powered by Forge Data
Updated on: Jul 26, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.