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Building the next generation data platform to power the world's largest institutions - starting with the radical idea that you should only pay for market data on a metered, pay-as-you-go basis.
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Despite the exponential growth of data within fintech, the majority of financial data providers continue to provide inconvenient services, with high licensing fees, slow infrastructure, and difficult onboarding processes. Furthermore, taking a new dataset to production requires high cost commitment and a large lead time, which can be difficult to manage.
Databento aims to democratise the financial industry and transform the way businesses use data platforms. They set themselves apart by eliminating all expensive up-front costs so that businesses only pay for market data as and when they use it. In doing so, they fit any company's budget and needs, no matter the size of the business.
Steph
Company Specialist at Welcome to the Jungle
Oct 2024
$10m
SERIES A
Dec 2022
$31.8m
EARLY VC
Christina Qi
(CEO)Visiting lecturer at MIT and Harvard Business School, board member at MIT and Financial Executives Alliance. Founding partner at Domeyard.