Databricks Surpasses $100 Billion Valuation in Latest Funding Round

Published: 20 Aug 2025

Author: Precedence Research

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According to the data analytics software vendor, Databricks is raising funding of nearly $100 billion, which values the company as one of the fourth largest venture-backed companies, following SpaceX, ByteDance, and OpenAI. The company was last valued by private investors at $62 billion in a $10 billion financial round in the last year. According to the executives of Databricks, the company was expecting $3.7 billion in yearly revenue through July, along with a 50% year-over-year growth rate.

On the other hand, one of the top rivals of Databricks-Snowflake is anticipated to create $4.5 billion in revenue for the fiscal year, which ends in January. It shows annual growth of 25% according to sources. Other competitors, such as cloud providers including Amazon and Microsoft, are also partners of Databricks.

CEO of Databricks, Ghodsi, said lots of interested investors are approaching him, following Figma’s IPO last month. Public investors are searching for tech offerings after a lull in the IPO market, which shows shares of the design software company more than triple in the New York Stock Exchange. He further added, “My phone was blowing up, so yes, there has been a big push from outside.”

Figma shares have since changed from their first $ 115.50 closing price. The stock is trading at about $70 and is more than double the $33 IPO price. The round will further help Databricks invest in products that clients can leverage when using artificial intelligence models. Databricks was founded in 2013 and is based in San Francisco. The company has so far employed 8,000 people, and its current investors include Andreessen Horowitz, Insight Partners, Thrive Capital, and WCM Investment Management.

The company further anticipates utilizing a portion of the latest funds in product development, as well as mergers and acquisitions in the AI sector. The reason behind this is that major companies across the globe and governments worldwide are seeking to leverage efficient technologies that are rapidly evolving, such as AI, to stay ahead and competitive in the global market.