Databricks, founded in 2013 by the original creators of Apache Spark, is a private Data and AI company known for pioneering the Lakehouse architecture. Its financial growth is characterized by rapid increases in its Annual Recurring Revenue (ARR) and subsequent massive valuation jumps via funding rounds.

• 2024 Revenue Milestones: The company confirmed its full-year 2024 ARR was $3 billion, achieved with over 60% year-over-year growth.

• 2024 Financial Status: Databricks achieved positive free cash flow for the first time in the final quarter of 2024.

• Series J Funding (Dec 2024): The company secured $10 billion in non-dilutive financing, which valued the company at $62 billion.

• 2025 Revenue Milestones: Databricks announced it surpassed a $4 billion annualized revenue run-rate (ARR) during Q2 2025, representing growth of over 50% year-over-year.

• AI Revenue Growth: Within that $4 billion ARR, the company specifically confirmed its AI products crossed a $1 billion revenue run-rate threshold in Q2 2025.

• Series K Funding (Sep 2025): Databricks closed its Series K funding round, raising $1 billion in capital. This investment officially valued the company at over $100 billion.

• Total Capital Raised: Databricks has raised approximately $9.6 billion in equity funding to date, plus the $10 billion debt facility, bringing total capital raised to over $19.6 billion.

  This trajectory solidifies Databricks' position as a leading candidate for one of the largest technology IPOs in the coming years.