Databento
Pay-as-you-go market data platform delivering normalized historical and real-time feeds from 70+ venues via a modern API
Fintech
📍 Salt Lake City, UT
Founded 2019
Current Valuation
$600M
as of 2026-Q3 (est., undisclosed)
PRIVATE
Databento is a market-data infrastructure company founded in 2019 by Christina Qi (ex-Partner at HFT fund Domeyard) that delivers normalized historical and real-time feeds from 70+ exchanges through a pay-as-you-go API, pioneering full order-book delivery over the cloud. After a public launch in 2023 it reached profitability ahead of schedule, grew revenue 6.65x year-over-year with 97% enterprise retention, and now serves 3,000+ companies — from student traders to the largest hedge funds — with fewer than 30 engineers. On July 9, 2026 it raised a $97M Series B led by NEA (with DRW, Redpoint, and Tribe Capital), bringing total funding to $127M against $300M+ of oversubscribed demand. Customers include Nvidia and OpenAI, and the company positions itself as a modern alternative to Bloomberg and LSEG in the $50B+ market-data industry.
Company Profile
Last Round
Series B — $97M (Jul 2026) · Lead: New Enterprise Associates (NEA)
IPO Status
no imminent plans
Fundraising Status
Series B · $97M · this month
no imminent plansTotal raised $127M
Latest Funding Round
| Round | Amount | Date | Lead Investor | Post-Money |
|---|
| Series B | $97M | Jul 2026 | New Enterprise Associates (NEA) | — |
Founders & Key People
Christina Qi
Investors
NEA · DRW Venture Capital · Redpoint Ventures · Tribe Capital · Trousdale Ventures · Fifth Down Capital · Cross Creek · Motley Fool Ventures · Operator Collective · Alumni Ventures · Indicator Ventures · Clear Street
Products
- Historical market data API (pay-as-you-go)
- Live real-time market data feeds
- Full order book (MBO) data
- Normalized feeds across 70+ trading venues
Competitors
Bloomberg · LSEG (Refinitiv) · ICE Data Services · Polygon.io · Nasdaq Data Link · Kaiko
FintechMarket DataTrading InfrastructureAPICapital Markets
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3 (est., undisclosed). Refreshed quarterly.