Databricks IPO date is to be announced. The company does not have a ticker symbol or stock code.
Databricks Inc, best known for its unified data analytics platform, is reportedly considering an IPO later this year. According to a Bloomberg report, the company was valued at $6.2 billion in 2019. But the company announced new funding on Feb. 1, 2021 from investors including Amazon and Alphabet that valued the company at $28 billion, CNBC reported.
Databricks is an American software company founded in 2013 and headquartered in San Francisco. The company develops a web-based platform that builds and shares data, analytics and AI solutions. More than 9,000 organizations globally use Databricks's solutions for their data engineering and business analytics of departments. The company raised a $500 million round in 2023 which valued the company at $43 billion.
Here's what we know so far about the IPO — and how to invest when the stock goes public.
Once Databricks goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
November 13, 2024: Thrive Capital is in talks to acquire about $1 billion stake in analytics software maker Databricks in a deal that would value the startup at about $55 billion, Bloomberg news reported on Wednesday, citing people familiar with the matter, according to Reuters.
October 25, 2024: Amid investor concern over stiff competition with Databricks, SNOW stock has retreated about 41% in 2024, according to Investor’s Business Daily.
October 15, 2024: Amazon and Databricks have struck a five-year deal that could cut costs for businesses seeking to build their own AI capabilities. Databricks will use Amazon’s Trainium AI chips to power a service that helps companies customize an AI model or build their own, according to The Wall Street Journal.
Databricks is expected to go public, although it has not yet filed a viewable registration document with the US Securities and Exchange Commission (SEC).
The exact IPO date has not been announced. There's no news yet about how much the stock will cost when it goes public. We'll update this page with more information as it becomes available.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Databricks stock.
See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Fifteen years since its creation and after years of dramatic rises and falls, bitcoin has finally hit six figures, a feat most thought impossible even a few years ago.
Looking for quick funds? Discover if MoneyMutual’s network can meet your emergency needs.
A review of WithU Loans, a tribal lender that charges triple-digit APRs and has a pattern of complaints with the Better Business Bureau.
Need quick cash? See how BMG Money helps employees handle emergencies without a credit check.
Legit lenders don’t offer guaranteed approval loans, but some options come pretty close if you can meet the lenient requirements to qualify.
How to get first-time personal loans with no credit history, ways to improve your odds of qualifying and alternative loan options.
A review of Giggle Finance, a fintech offering revenue-based financing for self-employed individuals, gig workers and small businesses.
Compare some of the best allotment loans for federal employees, with competitive rates and lenient credit requirements.
Top alternatives to Kikoff for easy credit-building include Self, Cleo, Grow Credit, Fizz and One Finance.
The $500 Axos Bank bonus is now expired, but you can still earn $50 per qualifying referral, plus up to $400 with a new business account.