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Databricks raises over US$500 mil in Series I funding, now valued at US$43 bil

Felicia Tan
Felicia Tan • 2 min read
Databricks raises over US$500 mil in Series I funding, now valued at US$43 bil
The latest round values the company at US$43 billion and puts its price per share at US$73.50. Photo: Databricks
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Data and artificial intelligence (AI) company, Databricks, has raised over US$500 million ($679.7 million) in its Series I funding.

The latest round values the company at US$43 billion and puts its price per share at US$73.50.

The series is led by funds and accounts advised by T. Rowe Price Associates, Inc. It is also joined by other existing investors including Singapore’s GIC, Andreessen Horowitz, Baillie Gifford and ClearBridge Investments.

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