Databento offers a cloud‑based market data platform that provides both historical and real‑time full order‑book streams via a single API, with pay‑as‑you‑go pricing that charges only for consumed data. The service includes multi‑language SDKs and handles data onboarding, normalization, and delivery, allowing quantitative firms and fintech developers to integrate high‑resolution market data into trading, research, and analytics pipelines without managing complex feed infrastructure.
Funding
$37.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Financial firms and fintech developers often face high costs and lengthy engineering effort to acquire, integrate, and maintain market data feeds, especially for full order‑book and real‑time streams.
Solution
Databento provides a cloud‑based market data platform that delivers both historical and live data through a unified API. Users pay only for the data they consume, eliminating large upfront licensing fees and reducing infrastructure overhead. The service offers full order‑book depth, options, equities, and futures across multiple venues, all streamed via scalable cloud infrastructure. SDKs and client libraries in Python, C++, Rust, and HTTP simplify integration into trading, research, and analytics pipelines. By handling data onboarding, normalization, and delivery, Databento enables firms to focus on strategy development rather than data engineering.
Target Audience
Primary customers are quantitative trading firms, hedge funds, and fintech startups that require flexible, low‑cost access to high‑resolution market data for research, strategy development, and production trading.
Features
- Pay‑as‑you‑go pricing model that charges based on actual data usage
- Unified API for historical and real‑time market data, including full order‑book depth
- Cloud‑native delivery eliminates the need for on‑premise feed handlers
- Multi‑language SDKs (Python, C++, Rust, HTTP) for rapid integration
- Support for a wide range of venues and asset classes (equities, options, futures)
- Scalable infrastructure capable of handling high‑throughput, low‑latency streams