What is Databento?
Databento operates at the intersection of cloud-native infrastructure and financial market data. The company provides a self-service platform that allows users to instantly access live exchange feeds and massive volumes of historical data. By adopting a usage-based pricing model, Databento effectively democratizes access to high-fidelity financial information, which was historically gated by high costs and complex procurement processes. Its market position is defined by its ability to serve a diverse client base, ranging from small-scale algorithmic trading startups to large-scale enterprise financial institutions, thereby bridging the gap between legacy data providers and modern, agile software development environments.
How much funding has Databento raised?
Databento has raised a total of $127M across 2 funding rounds:
Series A
$30M
Series B
$97M
Series A (2024): $30M with participation from Clear Street and Belvedere Trading
Series B (2026): $97M led by Redpoint Ventures, Tribe Capital, New Enterprise Associates, and DRW Venture Capital
Key Investors in Databento
Redpoint Ventures
Redpoint Ventures is a prominent venture capital firm established in 1999, specializing in providing strategic backing to early growth-stage companies across the technology sector.
Tribe Capital
Tribe Capital is a Menlo Park-based venture firm with $1.8B AUM that utilizes data science and AI-driven methodologies to identify and support high-potential, N-of-1 enterprises.
New Enterprise Associates
New Enterprise Associates is a long-standing venture capital institution founded in 1977, dedicated to partnering with entrepreneurs to build transformative businesses across various industries.
What's next for Databento?
With the successful closure of this major strategic investment, Databento is well-positioned to accelerate its product roadmap and expand its footprint within the global fintech ecosystem. The company is expected to leverage this capital to enhance its data processing capabilities, potentially integrating more advanced analytics and expanding its coverage of global asset classes. As the demand for real-time, reliable market intelligence continues to surge, Databento's focus on scalability and user-centric design will likely remain the primary drivers of its long-term growth strategy. The firm is now poised to solidify its role as a foundational layer in the next generation of financial technology infrastructure, ensuring that high-quality data remains accessible to all market participants.
See full Databento company page
