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Databento Closes $30 Million Series A Funding

2024-10-30
SALT LAKE CITY, Databento, one of the fastest-growing companies in the financial data industry, announced the successful close of $10 million in additional funding
Databento, one of the fastest-growing companies in the financial data industry, announced the successful close of $10 million in additional funding, increasing its total Series A round to $30 million. The round features follow-on investments from existing shareholders, while new participation from Belvedere Trading, Clear Street, Lightscape Partners, and several prominent asset management firms reflects the adoption of Databento across a broad range of use cases. This capital raise unites leading hedge funds, proprietary trading firms, banks, and brokerages, underscoring the company's rapid emergence as the industry's new gold standard for market data.
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