# Databricks raises $5B at $190B valuation

> Databricks has raised $5 billion at a $190 billion valuation, and the story of how it got there is almost funnier than the number. The company reportedly set out to raise just $1 billion; investors wanted to put in $15 billion; it settled in the middle at $5 billion. That kind of oversubscription is a signal in itself about how badly big funds want exposure to the data-and-AI infrastructure layer. Underneath the frenzy are real figures. Databricks says it has reached a $7 billion annualized revenue run rate, growing 80 percent year over year, and is cash-flow positive, with its core warehouse product alone generating $1.5 billion in run rate at 100 percent growth. A 100-person AI research team is helping drive both capability and its considerable compute bills. At $190 billion, Databricks is now one of the most valuable private companies in the world, and the round underscores that the biggest AI money is flowing not only to model labs but to the platforms that store and move the data those models depend on.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch · Published Sunday, August 16, 2026_

## Wortins' read

Databricks has raised $5 billion at a $190 billion valuation, and the story of how it got there is almost funnier than the number. The company reportedly set out to raise just $1 billion; investors wanted to put in $15 billion; it settled in the middle at $5 billion. That kind of oversubscription is a signal in itself about how badly big funds want exposure to the data-and-AI infrastructure layer. Underneath the frenzy are real figures. Databricks says it has reached a $7 billion annualized revenue run rate, growing 80 percent year over year, and is cash-flow positive, with its core warehouse product alone generating $1.5 billion in run rate at 100 percent growth. A 100-person AI research team is helping drive both capability and its considerable compute bills. At $190 billion, Databricks is now one of the most valuable private companies in the world, and the round underscores that the biggest AI money is flowing not only to model labs but to the platforms that store and move the data those models depend on.

## Source

[Read the full story at TechCrunch](https://techcrunch.com/2026/08/13/databricks-wanted-to-raise-1b-investors-wanted-15b-it-settled-on-5b-at-a-190b-valuation)

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