Insight Partners → Databricks: $5B funds & debt

Databricks closes Series L at $134 billion. Announced on 16/12/2025 (over $4 billion), closed at about $5 billion of equity at a $134 billion valuation plus ~$2 billion of debt. Led by Insight Partners, Fidelity and J.P. Morgan AM; Microsoft, Goldman Sachs Alternatives, Morgan Stanley and Glade Brook also join.

This deal is 100% of everything Insight Partners pays and 24% of everything Databricks receives in this database.

Date

Feb 9, 2026

Paid by

Insight Partners

Received by

Databricks

Type

Funds & debt

Amount

$5B

Status

closed

Note

Series L ~$5B equity @ $134B (+~$2B debt)

See on the map