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July 10, 2026 - Deals
Databento Secures $97 Million Series B Funding Led By New Enterprise Associates
Databento announced a $97 million Series B funding round led by New Enterprise Associates (NEA), with participation from investors including DRW, Redpoint Ventures, and Tribe Capital. In a July 9, 2026 announcement, CEO Christina Qi said the funding will help accelerate the company’s mission to build a modern market data platform for finance. Databento reported 6.65x year-over-year revenue growth, 97% enterprise retention since inception, profitability ahead of schedule, and support for more than 3,000 companies worldwide. The company plans to use the investment to expand into new asset classes and geographies, increase its global data center footprint, and continue investing in the infrastructure that powers its market data services.
FOUNDER: Christina Qi
INVESTORS: New Enterprise Associates (NEA), DRW Venture Capital, Redpoint Ventures, Tribe Capital, Alumni Ventures, Blindspot Ventures, Cross Creek, Fifth Down Capital, Motley Fool Ventures, Operator Collective, TGVP & Trousdale Ventures
ROUND: Series B
AMOUNT: $97,000,000
HQ: Salt Lake City, Utah
#VentureCapital #Databento #ChristinaQi #TradedVC
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Mercor In Talks To Raise $20 Billion Following Deeptune Acquisition And Revenue GrowthMercor, an AI training startup, is reportedly in early discussions to raise a new funding round at a $20 billion valuation. The potential valuation would double the company’s $10 billion valuation from October 2025, when it raised a $350 million Series C round. Founder and CEO Brendan Foody recently stated that Mercor’s annualized revenue run rate has surpassed $2 billion, representing 100% growth in just four months. The company also announced the acquisition of Deeptune, an AI agent training firm, with the entire Deeptune team joining Mercor. The strong revenue growth, acquisition activity, and prospective funding round suggest Mercor is continuing to expand despite challenges earlier this year, including a data breach and legal disputes involving contract workers.
FOUNDER: Brendan Foody
AMOUNT: $20,000,000,000
HQ: San Francisco, California
#VentureCapital #Mercor #BrendanFoody #TradedVC
Klinic Secures $24 Million In Seed And Series A Funding From Proofpoint Capital And I2BF Global VenturesKlinic, an AI-enabled specialty care access platform, has raised $24 million in combined seed and Series A funding to expand its provider network, enhance its AI-powered platform, and grow its life sciences partnerships. The round was co-led by Proofpoint Capital and I2BF Global Ventures, with representatives from both firms joining Klinic’s board. Founded and led by CEO Avish Bhama, Klinic helps patients navigate the often complex specialty care journey by using artificial intelligence and workflow automation to streamline provider matching, insurance verification, prior authorizations, patient communications, and pharmacy coordination. The company has already supported more than 150,000 patients and aims to make specialty care access faster, more connected, and more affordable.
FOUNDER: Avish Bhama
INVESTORS: Proofpoint Capital & I2BF Global Ventures
ROUND: Seed & Series A
AMOUNT: $24,000,000
HQ: Dallas, Texas
#VentureCapital #Klinic #AvishBhama #TradedVC