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The Data Backbone of the Enterprise AI Era
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DIP Market Fund Platform is Managed by Neovision Wealth Management Limited, which is authorised and regulated by the Financial Services Regulatory Authority ('FSRA') of the ADGM and only available to potential investors that meet the criteria for Professional Clients as defined by the FSRA. Any other person should not act or rely on any information on this website. This is not an offer to the public. Investing in private markets is speculative and involves significant risks, including illiquidity and the potential for a complete loss of capital. For informational purposes only. Interested parties should seek independent financial advice. Offering documents which outline the full terms, conditions, and risk factors, are available to Professional Clients upon request from Neovision Wealth Management Limited.

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About Company

Databricks is an American data and AI company founded in 2013 in San Francisco by the original creators of Apache Spark at UC Berkeley. The company pioneered the "data lakehouse" architecture, which merges the reliability and governance of data warehouses with the flexibility and scale of data lakes. Its Data Intelligence Platform lets enterprises consolidate their data in one place and build analytics, machine learning, and AI agents directly on top of it — running natively across all three major clouds. Databricks is one of the largest private technology companies globally and a widely anticipated IPO candidate.

Key highlights

  • Founded in 2013 by seven UC Berkeley researchers — the original creators of Apache Spark — led by CEO Ali Ghodsi; co-founder Ion Stoica serves as Executive Chairman.

  • Built the lakehouse architecture and a portfolio of foundational open-source projects, including Apache Spark, Delta Lake, MLflow, and Unity Catalog.

  • Serves 20,000+ customers, including 70% of the Fortune 500 — among them Adidas, AT&T, Mastercard, Block, Rivian, and Unilever; 800+ customers spend over $1M per year.

  • Agentic AI product suite — Agent Bricks, Genie, and Lakebase — extends the platform from analytics into production AI agents and operational workloads.

  • Deep model-provider ecosystem: a five-year partnership with Anthropic, a $100M commitment to OpenAI models, and Google Gemini models served inside the customer's security perimeter.

  • Deployed natively on all three major clouds — AWS, Microsoft Azure, and Google Cloud.

  • Backed by leading strategic and institutional investors, including a16z, NVIDIA, Insight Partners, Fidelity, Thrive Capital, and QIA; has been free-cash-flow positive over the trailing twelve months.

  • Long-standing acquirer in data and AI, with deals including MosaicML, Tabular, and Redash.

Market

Databricks operates in the data platform, cloud analytics, and enterprise AI markets, competing with data warehousing and analytics providers as well as the native offerings of the major cloud vendors. Demand is driven by enterprise data consolidation, the migration from legacy warehouses to open lakehouse architectures, and the rise of agentic AI — where AI agents multiply the volume of queries run against corporate data and convert directly into consumption revenue. Databricks positions itself as the governed data foundation on which enterprises build and operate their AI systems.

San Francisco

USA

2013

founded

Ali Ghodsi, Ion Stoica, Matei Zaharia

Founders

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