Databento Raises $100M Series C at $1.1B Valuation

Databento, based in Salt Lake City, a market data platform for the modern financial industry, has raised $100 million in a Series C financing round, bringing the company to a $1.1 billion valuation.

Investors

The round was led by Fifth Down Capital. Additional participants include NEA, DRW Venture Capital, Tribe Capital, Hedosophia, and Fitch Ventures.

Databento Use of Funds

Databento plans to use the new capital to support continued investment in its market data infrastructure and to fund its expansion into additional asset classes.

About Databento

Founded by Christina Qi and Luca, Databento provides a market data platform for modern finance. The company offers real-time and historical data across equities, futures, options, and indices via a unified API, serving quantitative trading firms, asset managers, and AI laboratories.

Funding Details

Company Website: https://databento.com

Company: Databento
Raised: $100M
Round: Series C
Funding Date: November 12, 2026
Lead Investor: Fifth Down Capital
Additional Investors: NEA, DRW Venture Capital, Tribe Capital, Hedosophia, Fitch Ventures
Company Website: databento.com
Software Category: Financial Technology
Source: https://www.prnewswire.com/news-releases/databento-raises-100-million-series-c-at-1-1-billion-valuation-302937375.html