What is Databento?
Databento offers a self-service platform designed to streamline the acquisition of live exchange feeds and extensive historical market data. By enabling users to access and utilize only the data they require, the company aims to democratize data accessibility, serving both large-scale finance and fintech enterprises and smaller startups. The company's objective is to become a foundational data provider for the global financial industry.
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, established in 2002, is a proprietary trading firm based in Chicago, Illinois, with a specialization in equity index and commodity derivatives.
Clear Street
Clear Street, founded in 2018 by industry veterans, is a financial technology company focused on building enhanced infrastructure for capital markets, initially offering a cloud-based prime brokerage platform for U.S. equities and options.
What's next for Databento?
With this major enterprise-level funding and strategic investment, Databento is poised for accelerated growth and expansion. The Series A capital is expected to fuel further development of its platform, enhance its data offerings, and broaden its market reach. This infusion of financing will likely support the company's mission to power the world's leading finance and fintech institutions, solidifying its position as a key player in the market data landscape.
See full Databento company page
