Databento Raises $100M at $1.1B Valuation

Databento, a provider of a financial market data platform based in Salt Lake City, secured $100M in a Series A+ funding round led by New.

The funds are dedicated to enhancing its offerings and expanding its reach within the financial sector.

Databento specializes in delivering comprehensive financial market data, serving various stakeholders in the finance industry. Their platform aims to streamline access to essential data for financial analysis and decision-making.

As the demand for efficient market data solutions grows, Databento is well-positioned to cater to the needs of its clients, demonstrating significant traction in a competitive landscape.

The company was co-founded by a team of experienced professionals, with its Chief Executive Officer being Matt Pyszka.

Databento aims to enhance market comprehension for its users, reflecting its mission to provide valuable data insights in the financial sector.

Company	Databento
Round	Series A+
Amount	$100M
Lead Investor	New
Sectors	Financial market data