# Databricks

> Data + AI platform (lakehouse, Lakebase, Genie, Unity AI Gateway) for enterprises that train, govern, and run agents on their own data.

## Why it is interesting

August 13, 2026 close: $5B at $190B led by Coatue after a July $188B term sheet — company >$7B revenue run-rate, >80% YoY, Lakebase >$100M RR, adjusted FCF positive LTM. The job is agent context and token-cost control, not another warehouse logo.

## Profile

- **Latest funding:** Strategic / growth — $5B (August 2026)
- **Latest known valuation:** $190B (August 2026)
- **Total disclosed equity funding:** $5B
- **Stage:** growth
- **Status:** private
- **Industries:** ai-ml, infra-cloud, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-08-27
- **Latest funding investors:** Coatue, Blackstone, MGX, T. Rowe Price, Sixth Street Growth, Andreessen Horowitz, Insight Partners, Thrive Capital, NEA

## Key facts

- Aug 13, 2026: $5B at $190B led by Coatue; Sixth Street Growth new; a16z, Insight, Thrive, NEA among returners (company PR)
- Aug 11, 2026: Electric (PGlite / sync) joining Databricks; terms undisclosed (company blog). Electric Cloud winding down (Electric post)
- Company: >$7B revenue run-rate, >80% YoY Q2; Lakehouse >$1.5B RR; Lakebase >$100M RR; adj. FCF+ LTM
- July 16, 2026 term sheet was $188B without disclosed raise size — superseded by the August close
- Feb 2026 vintage: ~$5B equity at $134B plus ~$2B debt capacity (company). Do not cite $43B Series I as current.

## Funding history

- Strategic / growth · $5B · August 2026
  Source: https://www.databricks.com/company/newsroom/press-releases/databricks-grows-80-yoy-surpasses-7b-revenue-run-rate-scales
- Equity + debt (company) · ~$5B equity + ~$2B debt capacity · February 2026
  Source: https://www.databricks.com/company/newsroom/press-releases/databricks-grows-65-yoy-surpasses-5-4-billion-revenue-run-rate
- Series I · $500M+ · September 2023
  Source: https://www.databricks.com/company/newsroom/press-releases/

## Investors in our directory

- https://venturecapitaltracker.com/fund/coatue
- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/insight-partners
- https://venturecapitaltracker.com/fund/thrive-capital
- https://venturecapitaltracker.com/fund/new-enterprise-associates
- https://venturecapitaltracker.com/fund/tiger-global-management

## Related articles

- https://venturecapitaltracker.com/2026-databricks-5b-190b-coatue
- https://venturecapitaltracker.com/2026-august-vc-news
- https://venturecapitaltracker.com/2026-august-14-18-investment-news-ai-infra-physical
- https://venturecapitaltracker.com/2026-a16z-databricks-why-it-matters
- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** August 27, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/databricks