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Databricks is raising a Series K Investment at >$100B valuation


SAN FRANCISCO, CA — August 19, 2025 — Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion.

SAN FRANCISCO, CA — August 19, 2025 — Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. “Every company can securely turn its enterprise data into AI apps and agents to grow revenue faster, operate more efficiently, and make smarter decisions with less risk. Databricks is headquartered in San Francisco, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark™, Delta Lake, MLflow, and Unity Catalog.

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Series K Investment

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