Databento announces strategic investment

A major quant hedge fund recently selected Databento as the primary market data provider for its options trading business. As a customer, they join a growing number of firms representing hundreds of billions in AUM that rely on Databento.

While full terms of the agreement remain confidential, the deal is expected to generate millions in revenue. In addition to this commercial deal, the fund will also make a strategic investment in Databento, along with follow-on investments from existing investors. This funding reflects the confidence they have in our platform, driven by firsthand experience as a customer.

Over the past year, Databento has achieved a 4.2× increase in GAAP revenue and 187% growth in its user base. We've also launched more than 15 new datasets and introduced flat-rate subscription plans to complement our usage-based pricing, giving large teams a more predictable way to scale real-time data access. These milestones contributed to record quarterly revenue growth in Q3 2025 and reinforce our position as one of the fastest-growing companies in fintech.

The funding will expand our global infrastructure footprint through new data centers, additional storage at existing sites, and a series of hardware upgrades. These include the implementation of Layer 1 switching to capture timestamps even closer to exchange handoffs, minimizing jitter introduced by intermediate hops, and improving determinism across our packet capture (PCAP) offerings. Further feature enhancements are planned for our options data feeds, alongside broader market coverage to venues such as CFE and additional equities feeds. We're also growing our team to meet accelerating demand.

Together, these developments mark a powerful validation of what we’ve built. The same infrastructure used by one of the world’s largest hedge funds is now being scaled even further—with improvements that will benefit every Databento customer.

As we continue to grow, our focus remains the same: replacing legacy limitations with modern APIs that deliver the performance required by the world’s leading firms. Join us in building the future of market data.