Databento Raises $97M Series B for Financial Market Data Platform

Databento announced $97M in Series B financing on July 9, 2026. Databento raised a $97 million Series B led by NEA to broaden market data coverage across asset classes and geographies and continue scaling its infrastructure.

Round details

The financing includes backing from New Enterprise Associates (NEA), DRW Venture Capital, Redpoint Ventures, Tribe Capital. The company did not publish a valuation with the announcement.

Round: Series B
Capital announced: $97M

How the company plans to use the capital

Databento said the new capital will be used to broaden its coverage across asset classes and geographies while continuing to scale its infrastructure. The company also said it is set to expand to more than 20 data centers worldwide following the round.

Why this matters for GTM teams

Databento described the round as significantly oversubscribed, with over $300 million in total demand.

Fresh capital is often an operational signal rather than a buying signal by itself. Teams should validate the company’s hiring pattern, product launches, geographic expansion, and technology priorities before choosing the message and timing of outreach.

Source and methodology

This report is based on the company’s announcement and records the disclosed amount, round, investors, location, and stated use of funds. SalesTools Research does not estimate undisclosed valuation or revenue figures.

Primary source: Databento Series B announcement.