What is Databento?
Databento is revolutionizing access to market data through its innovative self-service model. The company empowers financial and fintech institutions, from large enterprises to small startups, by providing instant access to live exchange feeds and extensive historical data. Users benefit from a pay-as-you-go structure, ensuring cost-efficiency and flexibility in data acquisition. Databento's mission is to democratize financial data, making it readily available for a wide spectrum of market participants.
How much funding has Databento raised?
Databento has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2024): $30M with participation from Belvedere Trading and Clear Street
Key Investors in Databento
Belvedere Trading
Belvedere Trading, a proprietary trading firm established in 2002, specializes in equity index and commodity derivatives, indicating a strategic interest in market infrastructure and data.
Clear Street
Clear Street, a financial technology company founded in 2018, is building advanced prime brokerage infrastructure for capital markets, suggesting a focus on modernizing financial services technology.
What's next for Databento?
The recent major strategic investment signals a new phase of growth and development for Databento. This capital infusion is expected to accelerate the company's product roadmap, enhance its technological infrastructure, and expand its market reach. Databento is well-positioned to solidify its standing as a critical data provider for the world's leading finance and fintech organizations, driving innovation in how market data is accessed and utilized.
See full Databento company page
