What is Databento?
Databento operates as a specialized market data platform designed to modernize the financial data stack. By providing a unified API that encompasses futures, options, and equities, the company eliminates the traditional friction associated with fragmented data procurement. Its end-to-end ownership of the data stack allows for superior performance and reliability, catering to the rigorous demands of professional trading environments. The platform is engineered to offer a developer-centric experience, effectively bridging the gap between complex institutional requirements and agile software development practices.
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, New Enterprise Associates, DRW Venture Capital, and Tribe Capital
Key Investors in Databento
Redpoint Ventures
Redpoint Ventures is a venture capital firm founded in 1999 that focuses on providing strategic backing to early growth-stage companies.
New Enterprise Associates
Established in 1977, New Enterprise Associates is a prominent venture capital firm dedicated to supporting entrepreneurs in building transformative businesses.
DRW Venture Capital
DRW Venture Capital focuses on investing in early-stage technology companies, providing both capital and strategic guidance to foster industry-leading innovation.
What's next for Databento?
With this major enterprise-level funding, Databento is well-positioned to accelerate its product roadmap and expand its footprint within the global financial services sector. The company is expected to leverage this capital to enhance its data processing capabilities, broaden its asset class coverage, and scale its infrastructure to support an increasing volume of institutional clients. As the demand for high-fidelity, low-latency market data continues to rise, Databento's strategic focus will likely remain on maintaining its competitive edge through technological innovation and deepening its integration within the broader capital markets ecosystem.
See full Databento company page
