MoneyJuly 31, 2026via CNBC Technology
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Why it matters
Secondary market access to late-stage AI startups is normalizing; Databricks' $188B valuation signals the scale of private AI capital and the push to democratize pre-IPO investment.
Key signals
- Databricks valued at $188 billion in private markets
- Clear Street launching private markets platform
- Initial focus: late-stage startup stakes (Databricks first)
- Retail investor access to pre-IPO AI companies expanding
- Published July 31, 2026
- Databricks valued at $188 billion
- Initial offering: Databricks stakes
- Platform targets late-stage startup access
The hook
$188B. That's Databricks' private valuation—and now retail investors can buy in before the IPO.
Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.