Diligence memo · auto-generated · as of July 2, 2026

Databricks, Inc.

Databricks, Inc. looks over-valued against its niche peers and is active on financing cadence.

SourceRaising on rhythm with a 177.3× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Databricks, Inc. operates in AI / ML, based in SAN FRANCISCO. Databricks offers a unified platform for data, analytics and AI. Build better AI with a data-centric approach. Simplify ETL, data warehousing, governance and AI on the Data Intelligence Platform.

Sub-sector tags: ai/ml.

Capital & rounds (filed)filed

Databricks, Inc. has raised $12.1B in disclosed capital across 14 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $4.1B on 2025-12-16.

Most recent recorded round closed around 2025-12-16.

Valuation (modeled)modeled

Provath models Databricks, Inc. at approximately $41.5B (range $31.2B–$46.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 4.84× the median modeled value of Growth/Late AI / ML companies in 2025–2027 (8 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 9 months.

Last raise 6 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 177.3× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 100% of AI / ML peers (2067 compared).

Modeled value ranks above 100% of those peers.

Closest niche peers: Genesys Cloud Services Topco LLC, Crusoe Energy Holdings Inc., Integris AI Healthcare Group, Inc., Grammarly, Inc., Lightning AI, Inc..

Peoplefiled

11 named people on file across officers, directors and signatories.

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.