Funding Round Overview

Databricks announced a Growth round on December 15, 2024 totaling $10,000,000,000 led by Thrive Capital. Databricks raised $10 billion at $62 billion valuation, the largest VC raise of 2024. $10B at $62B valuation, largest 2024 VC round.

Deal Highlights

• Capital involved: $10,000,000,000.
• Round: Growth.
• Investors: Thrive Capital, a16z, DST Global, GIC, Insight Partners.

Company and Sector Context

Databricks builds in the ai infrastructure sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $10B at $62B valuation, largest 2024 VC round. In ai infrastructure, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in ai infrastructure continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Databricks for continued growth in the ai infrastructure landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.