Databricks, Inc.
American data and AI company behind the Lakehouse platform, Apache Spark creators, valued at $190 billion.
Company Type
private
Founded
2013
Headquarters
San Francisco, California, United States
Revenue
~$7 billion run rate (Q2 FY2027, reported)
Employees
~9,000
Primary Market
Global
About Databricks, Inc.
What does Databricks do?
Databricks sells a data and AI platform built on the Lakehouse architecture, combining data warehousing, engineering, machine learning, and AI agent tools. Its customers include more than 20,000 organizations and roughly 70% of the Fortune 500.
Is Databricks publicly traded?
No. Databricks remains private. It closed a $5 billion round at a $190 billion valuation in August 2026, and CEO Ali Ghodsi has said the company will not go public in 2026.
Who founded Databricks?
Seven UC Berkeley researchers who created Apache Spark founded the company in 2013: Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski, and Scott Shenker.
Where is Databricks headquartered?
Databricks is headquartered in San Francisco, California, with offices worldwide.
Who owns Databricks?
The company is owned by its founders, employees, and investors including Andreessen Horowitz, Coatue, Blackstone, MGX, Insight Partners, T. Rowe Price, Microsoft, and NVIDIA.
What is Databricks' valuation?
Databricks was valued at $190 billion in its August 2026 strategic funding round, up from $134 billion at its December 2025 Series L.
History of Databricks, Inc.
The seven founders built Apache Spark at UC Berkeley before incorporating Databricks in 2013. Early revenue came from cloud-hosted Spark workloads sold to data engineering teams.
The company grew through the 2010s as enterprises consolidated data infrastructure. It coined the Lakehouse term around 2020 to describe a unified analytics and AI architecture, a positioning that differentiated it from both Hadoop-era vendors and Snowflake.
Capital raises tracked the AI boom. A $10 billion Series J in December 2024 valued the company at $62 billion. A $1 billion Series K in August and September 2025 pushed the valuation past $100 billion. A Series L in December 2025 raised more than $4 billion at $134 billion. In August 2026, Databricks closed a $5 billion strategic round at $190 billion, led by Coatue with Blackstone, MGX, T. Rowe Price, and Sixth Street Growth.
Along the way the company acquired MosaicML for $1.3 billion in June 2023, its largest disclosed deal, and added smaller targets including Tabular and Arcion to build out the platform. Product launches in 2025 and 2026 included Lakebase, a serverless Postgres database for AI agents, Genie, an AI coworker, and Unity AI Gateway for agent governance.
Revenue grew from a $4 billion run rate in mid-2025 to more than $7 billion by mid-2026, with the company reporting greater than 80% year-over-year growth and positive free cash flow. Despite repeated IPO speculation, Ghodsi confirmed in 2026 that Databricks would not list that year.
Brands Owned by Databricks, Inc.
Databricks, Inc. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
Databricks, Inc.
private · Founded 2013 · San Francisco, California, United States
1
brands
Databricks, Inc. Ownership: Pros & Cons
Advantages
- +$7 billion revenue run rate growing at more than 80% year over year
- +$190 billion valuation provides capital access without public market exposure
- +Deep technical credibility as the creator of Apache Spark
- +Neutral multi-cloud positioning wins enterprise workloads
- +20,000-plus customers including most of the Fortune 500
Considerations
- -Private scale brings scrutiny without public market discipline
- -High valuation creates expectations that future rounds or an IPO must justify
- -Competition from Snowflake and hyperscaler-native tools is intensifying
- -Consumption pricing is sensitive to enterprise IT budgets
- -Repeated delays of a long-anticipated IPO create liquidity questions for early shareholders
Frequently Asked Questions About Databricks, Inc.
What does Databricks do?
Databricks sells a data and AI platform built on the Lakehouse architecture, combining data warehousing, engineering, machine learning, and AI agent tools. Its customers include more than 20,000 organizations and roughly 70% of the Fortune 500.
Is Databricks publicly traded?
No. Databricks remains private. It closed a $5 billion round at a $190 billion valuation in August 2026, and CEO Ali Ghodsi has said the company will not go public in 2026.
Who founded Databricks?
Seven UC Berkeley researchers who created Apache Spark founded the company in 2013: Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski, and Scott Shenker.
Where is Databricks headquartered?
Databricks is headquartered in San Francisco, California, with offices worldwide.
Who owns Databricks?
The company is owned by its founders, employees, and investors including Andreessen Horowitz, Coatue, Blackstone, MGX, Insight Partners, T. Rowe Price, Microsoft, and NVIDIA.
What is Databricks' valuation?
Databricks was valued at $190 billion in its August 2026 strategic funding round, up from $134 billion at its December 2025 Series L.
Sources & Further Reading
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