Databricks, the U.S.-based data analytics and artificial intelligence company, has reached a new valuation milestone of $134 billion following a Series L funding round exceeding $4 billion announced on December 16, 2025.
This latest valuation represents about a 34 % increase from the company’s previous $100 billion valuation reported just a few months earlier in August 2025, underlining rapid investor confidence and momentum in the AI and data infrastructure space.
The funding round was led by major institutional investors including Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management, with participation from other prominent backers such as Andreessen Horowitz, BlackRock, and Blackstone.
Databricks has grown at a brisk pace, with the company reporting a $4.8 billion annual revenue run rate in the third quarter of 2025 — more than 55 % year-over-year growth — and strong contributions from both its AI products and data warehousing business units.
The fresh capital is intended to support continued development of Databricks’ AI-driven products and platforms, including tools that help organizations build and deploy intelligent applications on their own data, expand global operations, invest in research and development, and provide liquidity opportunities for employees.
This financing positions Databricks among a select group of private technology companies with valuations well above $100 billion, a list that includes other AI and software leaders benefiting from sustained enterprise digitization and artificial intelligence adoption.
As of December 2025, Databricks remains privately held, with no immediate public offering planned, although its valuation and growth trajectory continue to attract industry attention.
