Databento

Databento sells market data through a single API covering equities, futures, and options, with real-time and historical feeds from more than 60 trading venues worldwide . The platform is aimed at quant funds, prop trading firms, and engineers building trading systems who have historically dealt with slow procurement, opaque pricing, and inconsistent normalization across vendors. Customers can pay only for what they use or subscribe for unlimited access, with data sourced from direct exchange feeds at Aurora I and Equinix FR2 colocation facilities . The launch marks Databento's $97 million Series B led by NEA, with participation from DRW, Redpoint Ventures, and Tribe Capital. The Salt Lake City company drew more than $300 million in total investor demand, its second major raise in roughly a year . According to the announcement, the capital will fund broader global coverage, additional infrastructure, and expansion into new asset classes including crypto. The company is led by CEO Christina Qi, who previously co-founded Domeyard LP, a high-frequency trading hedge fund that traded up to $7.1 billion per day . That operator background shapes the product's positioning for buyers who want institutional-grade data without the traditional enterprise sales cycle. The company advertises access to a first dataset in as little as three minutes with no sales call required , a claim that reflects how the team is trying to differentiate against incumbents like Bloomberg and LSEG.

Tags

Comments (10)