ClickHouse Skyrockets to $15B Valuation Following $400M Funding Round
Database analytics provider ClickHouse made a significant announcement on Friday – a successful raise of $400 million in Series D funding. This puts the company’s valuation at a staggering $15 billion, a 2.5x leap from its previous valuation of $6.35 billion just eight months prior in May 2025.
The funding round was spearheaded by the Dragoneer Investment Group. Other participants included Bessemer Venture Partners, GIC, Index Ventures, Khosla Ventures, and Lightspeed Venture Partners. This major investment comes on the heels of a year where ClickHouse’s annualized recurring revenue skyrocketed by over 250%.
Originally a spin-off from Russian search titan Yandex in 2021, ClickHouse develops open-source database software. This software is tailored to handle the processing of the massive datasets required for AI applications. The company stands as a direct competitor to industry behemoths Snowflake and Databricks in the rapidly growing AI data infrastructure market.
Alongside the funding announcement, ClickHouse also unveiled the acquisition of Langfuse. This startup aids developers in tracking and evaluating AI agent performance, putting it in competition with LangChain’s LangSmith platform. Among the company’s major clients are Meta, Tesla, Capital One, Sony, and Instacart.
CEO Aaron Katz has stated that the funding will be used to support expansion into unified transactional and analytical workloads and LLM observability capabilities. This positions ClickHouse as a comprehensive data platform for the AI era.
Source: Bloomberg