Databento Raises $10M to Expand Financial Data Platform, Extending Series A to $30M

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Databento Raises M to Expand Financial Data Platform, Extending Series A to M

Databento, a rapidly growing financial data provider, has closed an additional $10 million in funding, raising its Series A total to $30 million. The funding round includes continued support from existing investors and new participation from firms like Belvedere Trading, Clear Street, and Lightscape Partners, signaling strong industry demand for Databento’s customizable market data solutions.

“With this investment, we’re excited to accelerate new feature rollouts and advance the future of consolidated equities data feeds,” said Christina Qi, CEO of Databento. The company plans to use the funds to extend its data history, expand European market coverage, and introduce flexible pricing plans.

Belvedere’s Michael Tung called Databento’s tech a “game changer,” while Clear Street’s Chris Pento praised its developer-first approach to data access. This year alone, Databento has achieved a 985% revenue increase and added over 7,000 new customers, solidifying its role as a key player in the financial data sector.

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