# Databento

> Databento is a licensed market data provider that lets traders, quants, and developers pull live exchange feeds and decades of historical tick data through a single API with a pay-as-you-go model. Founded in 2019 by former quant hedge fund traders, it replaces the slow, expensive, contract-heavy process of buying market data with self-service access across 45+ trading venues and a unified data format.

- **Founded:** 2019
- **Headquarters:** Salt Lake City, Utah, United States
- **Founders:** Christina Qi (Co-founder & CEO), Luca Lin (Co-founder)
- **Team size:** ~36-50 employees
- **Products:** Live data, Historical data, Security master & corporate actions, Packet captures (PCAPs), Dedicated connectivity
- **Notable:** Reported 985% year-over-year revenue growth around 2024, Acquired 7,000+ new customers in a single funding cycle, Raised a total of roughly $30M+ in Series A funding

## Products & services

- **Live data** — Real-time streaming market data feeds for equities, options, and futures across major exchanges, delivered over the cloud.
- **Historical data** — On-demand historical tick and full order book data via API and flat files, with pay-as-you-go pricing and no long-term commitment.
- **Security master & corporate actions** — Reference data including security master and corporate actions to normalize and enrich market data.
- **Packet captures (PCAPs)** — Raw exchange packet capture data for users needing the most granular feed reconstruction.
- **Dedicated connectivity** — Low-latency dedicated connections for institutional users with demanding performance needs.
- **DBN (Databento Binary Encoding)** — An open-source, extremely fast message encoding and storage format for normalized market data, with official Python, C++, and Rust client libraries.

## Achievements

- Reported 985% year-over-year revenue growth around 2024
- Acquired 7,000+ new customers in a single funding cycle
- Raised a total of roughly $30M+ in Series A funding
- Coverage across 45+ exchanges/trading venues
- Inc. Magazine Best Workplace 2023
- People's Choice Award at FIA Expo 2021
- Open-sourced the DBN market data encoding format

## Latest updates

- **2024-10** — Closed $10M in additional Series A+ funding to drive global expansion, bringing total Series A to ~$30M.
- **2024-10** — Reported 985% YoY revenue growth and 7,000+ new customers; announced plans for extended data history and European/global index coverage.
- **2023-08** — Released live data for real-time options and equities.
- **2023-04** — Public launch of pay-as-you-go historical data service.

## Links

- Website: https://databento.com
- LinkedIn: https://www.linkedin.com/company/databento
- Twitter/X: https://twitter.com/DatabentoHQ
- GitHub: https://github.com/databento
- YouTube: https://www.youtube.com/@Databento
- Facebook: https://facebook.com/databento/

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Profile page: https://yespress.io/databento
Published by YesPress — https://yespress.io
Last updated: 2026-06-09