Databricks closed a $5 billion strategic round on August 13 at a $190 billion post-money valuation after surpassing a $7 billion annualized revenue run rate with more than 80% year-over-year growth, driven by AI products including Lakebase, Genie, and Unity AI Gateway. Secondary-market quotes on platforms such as Nasdaq Private Market and Forge have since implied valuations between roughly $192 billion and $218 billion, reflecting sustained investor demand amid enterprise AI adoption. The company’s net retention above 140% and acquisitions such as Row Zero underscore competitive positioning against public peers like Snowflake. With October 31 resolution approaching, any new primary or secondary transaction, regulatory filing, or macro shift in risk appetite for high-growth AI names could influence near-term valuation marks.