Funding round
Databricks Growth
Reported as "Growth Equity"
Databricks, which works in cloud data platform development in San Francisco, raised $5.00B in a Growth round announced on 13 Aug 2026, led by Coatue, at a $190.00B post-money valuation. 25 firms took part, 18 of them already investors. It is Databricks' 14th venture round on record; the one before was a Series H+ in Dec 2025.
$5.00B
Amount raised
$190.00B
Post-money valuation
$185.00B pre-money
25
Investors
1 lead
1.4x
Step-up from the Series H+
$134.00B in Dec 2025
2.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Databricks at $190.00B after the new money, 1.4 times the $134.00B of its Series H+ (Dec 2025). The $5.00B bought investors about 2.6% of the company. It came 8 months after Databricks' Series H+. It is 15% of the $34.00B Databricks has raised in the venture rounds on record. No later venture round is on record for Databricks.
Databricks' funding rounds
Databricks has 14 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 1 Sep 2013, led by Andreessen Horowitz $14M
- Series B 30 Jun 2014, led by New Enterprise Associates $33M
- Series C 15 Dec 2016, led by New Enterprise Associates $60M
- Series D 22 Aug 2017, led by Andreessen Horowitz $140M
- Series E 5 Feb 2019, led by Andreessen Horowitz $250M$2.75B post-money
- Series F 22 Oct 2019, led by Andreessen Horowitz $400M$6.20B post-money
- Series G 1 Feb 2021, led by Franklin Templeton $1.00B$28.00B post-money
- Series H+ 31 Aug 2021, led by Morgan Stanley $1.60B$38.00B post-money
- Series H+ 14 Sep 2023, led by T. Rowe Price Associates, Inc. $500M$43.00B post-money
- Series H+ 17 Dec 2024 $10.00B$62.00B post-money
- Debt not a venture round 22 Jan 2025, led by JPMorgan Chase $5.25B$62.00B post-money
- Growth 30 Jun 2025, led by T. Rowe Price $10.00B$55.00B post-money
- Series H+ 8 Sep 2025, led by Andreessen Horowitz, Insight Partners and MGX $1.00B$100.00B post-money
- Series H+ 16 Dec 2025, led by Insight Partners, Fidelity Management & Research Company and J.P. Morgan Asset Management $4.00B$134.00B post-money
- Growth this round 13 Aug 2026, led by Coatue $5.00B$190.00B post-money
Investors
Who put money in
Coatue led the round with 24 other firms. Coatue, Blackstone, T. Rowe Price and Andreessen Horowitz and 14 more had backed Databricks before.
Lead investor
- Coatue backs 229 venture-backed companies existing investor
Also in the round
- Blackstone backs 83 venture-backed companies existing investor
- backs 6 venture-backed companies new investor
- T. Rowe Price existing investor
- Sixth Street backs 34 venture-backed companies new investor
- BOND backs 91 venture-backed companies new investor
- backs 10 venture-backed companies new investor
- backs 20 venture-backed companies new investor
- Premji Invest backs 50 venture-backed companies new investor
- TPG backs 114 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies existing investor
- Dragoneer Investment Group backs 82 venture-backed companies existing investor
- Fidelity Management & Research Company existing investor
- Franklin Templeton existing investor
- GIC backs 98 venture-backed companies existing investor
- Growth Equity at Goldman Sachs Alternatives existing investor
- Insight Partners backs 548 venture-backed companies existing investor
- J.P. Morgan Private Capital existing investor
- backs 3 venture-backed companies existing investor
- Morgan Stanley backs 120 venture-backed companies existing investor
- New Enterprise Associates backs 286 venture-backed companies existing investor
- Ontario Teachers’ Pension Plan backs 35 venture-backed companies existing investor
- Temasek backs 195 venture-backed companies existing investor
- Thrive Capital backs 130 venture-backed companies existing investor
- WCM Investment Management existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
254 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 83 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Firmus Tech Companies | 7 Aug 2026 | $2.00B | $10.50B | Nvidia and Coatue |
| Starcloud Tech Companies | 24 Aug 2026 | $250M | $2.30B | not named |
| Socure Tech Companies | 27 Aug 2026 | $156M | $5.20B | Summit Partners |
| Tech Companies | 25 Aug 2026 | $140M | $750M | Apax Partners |
| Tech Companies | 28 Aug 2026 | $75M | not disclosed | Point72 Ventures |
| Tech Companies | 28 Aug 2026 | $63M | not disclosed | Square Peg and Airtree |
| Tech Companies | 4 Aug 2026 | $54M | not disclosed | not named |
| Tech Companies | 19 Aug 2026 | $25M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Databricks raise in its Growth round?
Databricks raised $5.00B in its Growth round, announced in Aug 2026.
Who led Databricks' Growth round?
Coatue led it, with Blackstone, MGX, T. Rowe Price, Sixth Street and BOND and 19 more.
What was Databricks' valuation at the Growth round?
$190.00B post-money ($185.00B pre-money).
How does it compare with other Growth rounds in Tech Companies?
254 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 83 times the median.