Databento

We're excited to announce Databento's $97 million Series B, led by @NEA, with participation from DRW Venture Capital, @Redpoint Ventures, @Tribecap, and more. In the last few years, Databento has become the market data provider of choice for many of the world's largest hedge funds, fintechs, and AI labs. If you've ever traded a stock in a mobile app or filled your tank at a gas station, you've almost certainly relied on a product powered by Databento. Market data is a $50B+ industry that underpins nearly every financial decision on the planet. Programmatic access is becoming the industry default — we believe that three years from now, more finance professionals will know how to use a Databento API than a traditional terminal. This round takes us one step closer, as we increase our storage footprint to over 100 petabytes and expand across asset classes and geographies. To our customers and community: Thank you for your enormous support over these past three years! We built this for you, and we can't wait to show you what's next.

@thatniamhod @Unusual_VC @NEA @christinaqi Thank you!

@Unusual_VC @NEA Congratulations @christinaqi and @DatabentoHQ 👏👏

Databento just announced a $97M Series B led by @NEA—significantly oversubscribed, with $300M+ in demand. For decades, accessing institutional-grade market data meant months of red tape. Databento changed that, making high-quality market data available on demand for everyone from student trading competitions to hundreds of financial institutions. With 97% enterprise retention—the highest in the industry—they're setting a new standard. We're proud to have backed @christinaqi and the @DatabentoHQ team from the early days, and we're excited to see what's next!

@jonv1919 Thank you!

Congrats to the entire @DatabentoHQ team!

Congratulations to @christinaqi and the entire @DatabentoHQ team on raising a $97M Series B. We are honored to continue to support this team! Market data is one of the largest and most entrenched categories in finance, yet accessing it has meant months of procurement and integration work just to get to the starting line. Before building Databento, Christina and the team lived this problem across quant trading and high-frequency market making. Now, institutional-grade market data is available on demand through Databento’s API-first platform. Three years in, Databento is the provider of choice for some of the world's most demanding financial firms, with a customer base collectively responsible for trillions of dollars in daily trading activity. We're proud to back Christina and the entire Databento team as they modernize one of the most entrenched categories in global finance. 🎉

@Redpoint @christinaqi Thank you! 💜

Today marks a major milestone for Databento. We're proud to share Fortune's exclusive feature on Databento's $97 million Series B. Thank you @LilyMaeLazarus for telling our story so thoughtfully. As our industry undergoes its biggest transformation in decades, we're building the market data platform for modern finance. fortune.com/2026/07/09/chr…

@Unusual_VC @NEA Thank you for your support!

@Unusual_VC @NEA Thank you for the support!

@NEA Thank you for your support!

🎉 Congratulations, @DatabentoHQ--$97M Series B raised to power the market data platform for modern finance! "It's rare to encounter a company where the product, the traction, and the founding team all point in the same direction with this much clarity. Databento has built the modern foundation this industry has needed for a long time, and the fact that it's earned trust everywhere from students running their first strategies to the world's most sophisticated trading desks isn't by design—it's what best-in-class looks like in a category this fundamental. This is exactly the kind of company we back at NEA, and we're thrilled to be along for the ride." -@rickyang, @NEA 👀 More details from Databento CEO, @christinaqi, here: databento.com/blog/series-b

@christinaqi 💜

Storytime: When we launched 3 years ago, people warned us that data is a saturated market - that there isn't much room to innovate. But if you've touched any dataset in our industry, you'll likely disagree. The industry is broken. It's just that someone with a *very specific background* needs to fix it. Before Databento, I started a hedge fund, but it wasn't just any hedge fund: It was one of the few HFT firms built from scratch: colocation, bare-metal networking, nanosecond timestamping, custom feed handlers, low-latency systems - all of it. We built every part of the stack and saw the difference that high-quality data made in our PnL. When you built the plumbing yourself, AND you relied on it in production, AND you know how to start a business, you have the chance to build a game-changing company. Today, Databento is the fastest-growing company in our industry, precisely because we have more than just a surface-level understanding of data. This is why we decided not to sell Databento at this stage, but instead, keep innovating along our own unique path. Because we haven't peaked yet. Because we're still cooking. Because our team wants to stay. We saw the pain firsthand for nearly a decade, and we kept asking ourselves why nobody had fixed it. Eventually we realized - we should probably be the ones to do it. This milestone belongs to our customers too. You trusted us along the way, gave us candid feedback, and helped shape Databento into the platform it is today. Your support has helped prove that the industry is ready for a new standard. Thank you for giving us the chance to raise the bar in our industry.

@christinaqi @NEA @DRWTrading @Redpoint @tribecap 🚀

I'm excited to announce Databento's $97M Series B led by @NEA, with participation from @DRWTrading, @Redpoint, @tribecap & more.

#DRWVC is proud to have been an early investor in @DatabentoHQ. Today, Databento announced its $97M Series B led by NEA—an important milestone for a company tackling one of capital markets' longstanding infrastructure challenges. For decades, accessing market data has meant navigating legacy systems, lengthy onboarding, and operational complexity. Databento has taken a fundamentally different approach, making institutional-grade market data easier to access, integrate, and use through modern APIs. That approach has enabled Databento to serve a broad range of customers, from student trading competitions to many of the world's leading financial institutions. We're excited to continue supporting Christina Qi and the Databento team as they build the next generation of market data infrastructure. prnewswire.com/news-releases/…

@DRWTrading 💜

@NEA @Redpoint @tribecap Read more: to.dbn.to/seriesb

We're excited to announce Databento's $97 million Series B, led by @NEA, with participation from DRW Venture Capital, @Redpoint Ventures, @Tribecap, and more. In the last few years, Databento has become the market data provider of choice for many of the world's largest hedge funds, fintechs, and AI labs. If you've ever traded a stock in a mobile app or filled your tank at a gas station, you've almost certainly relied on a product powered by Databento. Market data is a $50B+ industry that underpins nearly every financial decision on the planet. Programmatic access is becoming the industry default — we believe that three years from now, more finance professionals will know how to use a Databento API than a traditional terminal. This round takes us one step closer, as we increase our storage footprint to over 100 petabytes and expand across asset classes and geographies. To our customers and community: Thank you for your enormous support over these past three years! We built this for you, and we can't wait to show you what's next.

We had an amazing time at our #quant meetup and World Cup watch party earlier this week in #London! It was great to be back and to welcome an even bigger crowd than last year. Thank you to everyone who joined us and helped make the evening such a success. A special thank you to Toby Winterflood and @alexunterr for joining @christinaqi for an engaging fireside chat. We'll be back next year!

The Databento team is in London for our offsite this week! Some of us arrived early, visited a few landmarks, and enjoyed afternoon tea. We're excited to get started and look forward to seeing many of you at our quant meetup on Wednesday.

Register here: to.dbn.to/4e9hDbT

Next week, we're cohosting a quant meetup with CoinDesk in London. Join us on Wednesday, July 1 for drinks and hors d'oeuvres with the local quant community. We'll have the World Cup on in the background, so you won't miss the match. Doors open at 5 PM. ⬇️ RSVP in the comments