Databento raised $10M in additional funding for its Series A round, led by Belvedere Trading, Clear Street, and Lightscape Partners to expand operations and development efforts.
Oct 31, 2024•10 months ago
Amount Raised
$10 Million
Round Type
series a
Investors
Lightscape PartnersClear StreetBelvedere Trading
Description
Databento, a financial data company based in Salt Lake City, UT, has closed an additional $10M, raising its total Series A round to $30M. The funds will be utilized to enhance operations and development initiatives, and the company aims to introduce new product enhancements soon.
FundzWatch™ Score
84
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech