How to buy Databricks
About Databricks, Inc.
Databricks is a ML, AI, and data intelligence company known for creating Delta Lake, MLflow, and Koalas. Databricks’ open source projects have been designed to support data storage and data engineering. The company makes data-driven insights and decision-making assistance available for data scientists in varied industries.
The Databricks data lakehouse platform in the cloud helps customers collect and simplify data. Databricks counts Apple, Disney, H&M, HSBC, Shell, Conde Nast, and Atlassian among its customers. The company has attracted over 10,000 other clients and has a retention rate of 150%.
Databricks recently released Vector Search which assigns meaning and context to unstructured data (both text and images).
Databricks is investing in AI and ML, and acquired MosaicML for $1.3 billion. The company also acquired Tabular, Redash, 8080 Labs, Okera, and DataJoy.
The company is headquartered in San Francisco, California with many other locations around the world including: Canada, the UK, the Netherlands, Australia, France, China, South Korea, Singapore, Germany, Serbia, Switzerland, Brazil and India.
Databricks Market
Databricks' stock is actively traded in the secondary market. Overall buy interest in Databricks has doubled since the beginning of May 2024. It has been a seller's market for Databricks since February 2024, in contrast to the beginning of the year when there the sell interest was four times greater than buy interest in this name.
Databricks Stock Price
Databricks is up 3.89% year to date, and 32.14% in the past 12 months. Databricks declined in the second quarter of 2023 by -10.33% and climbed 38.26% in the third quarter. Databricks is up 9.24% in the first quarter of 2024.
Last Update June 21, 2024
Quarterly performance
Databricks Valuation
Databricks Funding
Databricks has raised a total of $14.29 billion across its 10 funding rounds. In addition to 10 share classes of preferred stock, the company has issued 2 classes of common stock.
Databricks raised over $10 billion in its Series J funding round from investors such as Andreessen Horowitz, Insight Partners, DST, GIC, and WCM.
Capital structure
Internal marks
| Type | Valuation | Date | PPS | Source |
|---|---|---|---|---|
| 409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
| 409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
| 409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
5 more internal marks | ||||
Frequently Asked Questions
Does Databricks have stock?
Yes. Databricks is a private venture-backed company. Investors usually purchase preferred stock and employees typically receive common stock options or restricted stock units (RSUs) as part of their compensation.
What is Databricks's stock symbol?
Since it is not publicly listed, there is no Databricks stock symbol or Databricks ticker symbol assigned for Databricks.
Private companies typically reserve a stock symbol up to two years prior to an IPO, and disclose this when they file a Form S-1 with the Securities and Exchange Commission when they start the IPO process.
How can I sell Databricks stock?
If you own shares of a private company, it may be possible to find liquidity for your holdings before the company goes public. Finding the right private market broker can make all the difference as the best brokers can leverage deep industry relationships and negotiate on your behalf.
If you are interested in selling private stock you can reach out to Premier brokers for more information.
How do Databricks pre-IPO trades work?
Private market transactions can be complex and may involve company approvals, legal purchase agreements and wires to third parties. Trades can take 30 - 60 days to complete which is why many investors work with experienced private market brokers to help guide the process.
Direct share transfers typically require issuer approvals. Issuers may exercise the right of first refusal (ROFR) in order to direct the seller to a buyer of their choosing.
Some issuers do not allow transactions. In these cases, buyers will need to purchase indirect interests in the business via special purpose vehicles (SPVs) or forward purchase contracts (forwards).
Is Databricks publicly traded?
Databricks stock does not trade publicly on Nasdaq or NYSE because it is still a private company. Databricks stock might be available for purchase in the secondary markets, but Databricks stock is not available for purchase by the general public, and can not be purchased through traditional brokerage accounts.
How can I buy Databricks stock?
Only accredited investors and qualified purchasers can buy private stock. These investors buy pre-IPO stock in the secondary market from existing employees and investors.
To learn more about the market for Databricks stock, talk to the best brokers on the planet.
How to invest in Databricks?
Accredited investors can purchase shares in private companies like Databricks. Investors can rely on Notice Premier Brokers to find supply and guide them through the trading process.
Because Databricks is privately held, its stock is not available for purchase through public stock exchanges like the NYSE or Nasdaq. Retail investors can not access this stock via traditional brokerage accounts, and are not allowed to invest directly in Databricks pre-IPO.
How is Notice pricing Databricks?
Notice Price is algorithmically generated based on a number of inputs like private market activity, official company filings, internal marks, and comparables.
Developing accurate pricing for the private market, and making that pricing available to everyone has always been our mission.
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