The plumbing under enterprise AI — where the data actually lives.
Founded by the team behind Apache Spark, Databricks popularised the lakehouse: one place to store raw data and run analytics and machine learning over it. Australian banks, miners and retailers are among the many enterprises that have standardised on this category. Its private rounds have priced it above $60B.
Valuation
$62B+
Share price
TBD
Timing
2026 (expected)
Status
PRE-IPO
Research focus
What investors should watch
Annual recurring revenue reported in the billions, still growing quickly
Used by thousands of enterprise customers globally
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