Databricks Hits $100 Billion Valuation in Record-Breaking AI Funding Round
In a landmark move that highlights the meteoric rise of artificial intelligence companies, San Francisco-based data analytics powerhouse Databricks announced on August 19, 2025, that it has secured a term sheet for a Series K funding round valued at an astounding $100 billion. This achievement positions Databricks as only the fourth venture-backed company to surpass the $100 billion threshold, joining the elite group of SpaceX, ByteDance, and OpenAI.
The upcoming funding round, anticipated to surpass $1 billion, is supported by current investors such as Andreessen Horowitz, Insight Partners, and Thrive Capital. CEO Ali Ghodsi disclosed that the fresh capital injection will expedite the company’s AI strategy, specifically amplifying Agent Bricks and investing in their innovative database offering Lakebase – both tailored to enhance AI agents for enterprise data.
“The momentum behind our AI products is generating tremendous investor interest,” Ghodsi stated. His company now caters to over 15,000 organizations globally, including more than 60% of the Fortune 500. This funding arrives merely eight months after Databricks’ previous $10 billion Series J round, underlining the unprecedented demand for AI infrastructure solutions.
Source: Databricks Press Release