Databento
Databento is a US-based SaaS provider of real-time and historical market data APIs, sourcing normalized data directly from colocation facilities and serving 3,000+ quant funds, prop trading firms, and fintechs across 215 global venues via usage-based and subscription pricing.
- Company typePrivate
- Founded2019
- HeadquartersSalt Lake City, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Databento does
Databento is a US-based SaaS provider of real-time and historical market data, founded in February 2019 and headquartered in Salt Lake City, UT with an additional office in Boston, MA. The company delivers normalized market data through APIs to 3,000+ firms and high-growth startups across 182 countries, covering 215 trading venues in asset classes including US and international equities, equity options, futures, and options on futures from exchanges such as CME, CBOT, NYMEX, COMEX, ICE, CFE, Eurex, and EEX. Customers span quantitative hedge funds, proprietary trading firms, fintechs, and developers building algorithmic trading and analytics applications.
Databento firmographics
Firmographics- Name
- Databento
- Legal name
- Databento, Inc.
- Website
- https://databento.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Databento is a US-based SaaS provider of real-time and historical market data APIs, sourcing normalized data directly from colocation facilities and serving 3,000+ quant funds, prop trading firms, and fintechs across 215 global venues via usage-based and subscription pricing.
- Ownership category
- akta.pro rank
Databento industry classification
Industry- Product category
- Financial Market Data Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (52321)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Data Sharing, Data Exchange & Data Marketplace Platforms (HDAEABAH)
- akta.pro secondary industries
- Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs) (FSAFAIAJ), Data Lake Platforms (HDAEABAC), Metadata, Catalog & Semantic Layer for Data Platforms (HDAEABAJ), Data Platforms & Modern Data Stack Services (Lakehouse, DW, MDM) (BPAEAHAC)
Keywords
Where Databento is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Markets served
Databento business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Usage-based data subscription (pay-as-you-go): Customers pay per GB of historical data downloaded or per symbol/month for live data (e.g., CME Globex from $0.50/GB, US Equities from $0.40/GB, OPRA from $0.04/GB, EEX from $10.00/GB, ICE Europe Commodities from $1.75/GB, ICE Endex from $20.00/GB). Live data is included in paid plans.
- Subscription plans (Starter / Standard / Unlimited / Plus): Annual subscription plans that bundle specific symbol counts (e.g., 1,000 symbols on Starter at $1/symbol/month for corporate actions; $1.75/symbol/month for security master), plus Unlimited/Plus plans for enterprise usage; 12-month terms with upgrade options.
- PCAP data sales: One-time and ongoing monthly PCAP deliveries priced by dataset (e.g., CME Globex MDP 3.0 PCAPs at $1,400/month including bundle discount); minimum order $3,000. Includes merge and deduplication options at 20% processing fee.
- Dedicated connectivity services: Recurring fees for site-to-site cloud interconnects (e.g., $750/month + $500 one-time), site-to-site PoP circuits ($900–$2,195/month + $1,000 one-time), and physical cross-connects ($550–$700/month). Pass-through fees for colocation/port charges.
- Exchange license fee pass-through: Pass-through of exchange license fees determined by a short subscriber questionnaire; Databento charges no upcharge on these fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Usage-based (pay-as-you-go) historical data |
| Subscription | Annual | Subscription plans (Starter / Standard / Unlimited / Plus) |
| Freemium | Pay-as-you-go | Free credits / sign-up incentive |
| Unit Pricing | Monthly | PCAP one-time / monthly delivery |
| Subscription | Monthly | Dedicated connectivity (site-to-site and cross-connect) |
Go-to-market motion1 record
Databento product offering
Product offeringCore offering
Databento provides cloud-based APIs for accessing normalized real-time, intraday, and historical market data sourced directly from colocation facilities at global exchanges and ATSs across futures, options, equities, and FX asset classes. The offering is complemented by raw packet captures (PCAPs), reference data products (corporate actions and security master), and dedicated site-to-site connectivity services for low-latency trading infrastructure. The same API and data structures are used for both backtesting and live trading, with self-service onboarding and usage-based or subscription pricing.
Differentiator
Problem solved
Functional benefit
Brands
- Databento US Equities: Full order book prop feed product combining multiple US equities exchanges and ATSs.
- Databento US Equities Mini
- Databento US Equities Summary
Products and services
- Live data Real-time and intraday market data streaming feeds delivered via streaming API, including trades, quotes, full order book (L3), OHLCV bars, and statistics from exchanges and ATSs across futures, options, and equities asset classes. Targeted at quants, traders, and developers building live trading and execution systems.
- Historical data Up to 15 years of normalized historical market data covering 19 PB and over 3 million active symbols, accessible via Historical API and flat files for backtesting and research. Supports schemas including mbo, mbp-1, mbp-10, trades, tbbo, ohlcv-t, statistics, definition, and imbalance with CSV, JSON, and DBN output formats.
- Corporate actions Reference data covering global company events and adjustment factors across over 200 trading venues, delivered via Reference API. Used by quants and operations teams for corporate actions processing and price-adjusted backtesting.
- Security master Reference data covering security identifiers, mappings, and instrument metadata across global venues, delivered via Reference API. Used to resolve and map symbols across exchanges and data sources for consistent analysis.
- Packet captures (PCAPs) Raw PCAPs in native protocol delivered with nanosecond-resolution hardware timestamps from FPGA capture, delivered via AWS S3, GCP, or rsync. Targeted at quants, researchers, and institutions needing lossless raw market data for post-hoc analysis or strategy reconstruction, with merge and deduplication options at a 20% processing fee.
- Dedicated connectivity Private connectivity services for better uptime and lower latency, including site-to-site cloud interconnects ($750/month + $500 one-time), site-to-site PoP circuits ($900–$2,195/month + $1,000 one-time), and physical cross-connects within colocation data centers ($550–$700/month). Targeted at trading firms needing deterministic, low-latency connectivity to Databento's infrastructure.
Companies that use Databento
Customer profileIdeal customer profiles3 records
Databento technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature8 records
Databento partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights6 records
Databento competitors and assessment
Company assessmentDirect peers
- Polygon.io: Polygon.io provides real-time and historical US equities, options, forex, and crypto market data via REST and WebSocket APIs, directly competing with Databento's normalized and reference data offerings for the same quant and developer audience.
- Intrinio: Intrinio offers a fintech data platform with real-time and historical market data APIs for equities, options, futures, and fundamentals — a direct overlap with Databento's coverage of CME, ICE, and US exchanges via usage-based and subscription pricing.
- Alpaca: Alpaca combines commission-free trading APIs with real-time market data for equities, options, and crypto; it competes with Databento for developer and fintech customers who need both data and execution through a unified API surface.
- IEX Cloud (TIGER DATA): IEX Cloud provides financial data APIs including real-time equities, options, forex, and reference data — directly comparable to Databento's US equities, options, and corporate actions/reference offerings for fintech and SMB quant customers.
- Xignite: Xignite delivers cloud-based financial market data APIs (reference, historical, and real-time) for equities, ETFs, and FX, overlapping with Databento's reference and historical data services targeting fintech platforms and wealth managers.
- Tick Data (TMX VettaFi): Tick Data provides historical intraday and end-of-day market data for equities, futures, and options, comparable to Databento's historical data product for backtesting and quantitative research workflows.
Broad incumbents
- Bloomberg L.P. Bloomberg offers real-time and historical market data through the Terminal and B-PIPE feeds as part of a much broader analytics and news platform — a broad incumbent whose pricing and product depth define the ceiling Databento can charge.
- LSEG (Refinitiv): London Stock Exchange Group operates Refinitiv and Tick History, providing normalized real-time and historical market data globally — a broad incumbent with established enterprise distribution that competes with Databento in sell-side and large buy-side accounts.
- ICE Data Services: Intercontinental Exchange owns multiple exchanges (NYSE, ICE Futures) and ICE Data Services, offering consolidated feeds, reference data, and connectivity; this is a broad incumbent that bundles proprietary venue data with broader analytics.
Emerging players
- QuantConnect: QuantConnect's LEAN engine integrates with Databento for algorithmic backtesting, but also distributes alternative data and provides its own data marketplace — an emerging player/partner whose roadmap directly affects Databento's distribution to quants.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Databento social profiles
Digital presenceDatabento financial estimates
Financial estimateRevenue estimate
Valuation estimate
Databento leadership team
Management profileNumber of profiles
Profiles18 records
Databento funding detail
Funding detailFunding overview
Funding rounds8 records
Investors22 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Databento M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Databento
What does Databento do?
Databento provides cloud-based APIs for accessing normalized real-time, intraday, and historical market data sourced directly from colocation facilities at global exchanges and ATSs across futures, options, equities, and FX asset classes. The offering is complemented by raw packet captures (PCAPs), reference data products (corporate actions and security master), and dedicated site-to-site connectivity services for low-latency trading infrastructure. The same API and data structures are used for both backtesting and live trading, with self-service onboarding and usage-based or subscription pricing.
Is Databento a public or private company?
Databento is a private company. It is classified as venture growth investor backed and is currently operating.
When was Databento founded?
Databento was founded in 2019. It employs 11 to 50 people.
Where is Databento based?
Databento is headquartered in Salt Lake City, United States, in the North America region.
How does Databento make money?
Five revenue lines are on record. Usage-based data subscription (pay-as-you-go) is the primary driver. The others are subscription plans (Starter / Standard / Unlimited / Plus), PCAP data sales, dedicated connectivity services and exchange license fee pass-through.
Who are Databento's main competitors?
Direct peers on record are Polygon.io, Intrinio, Alpaca, IEX Cloud (TIGER DATA), Xignite and Tick Data (TMX VettaFi). Broad incumbents are Bloomberg L.P., LSEG (Refinitiv) and ICE Data Services. QuantConnect is listed as an emerging player.
Does Databento have an API?
Yes. Databento offers public APIs for accessing market data, including a Historical API, Live API, and Reference API. APIs are accessible via HTTP/REST and a Raw API (binary protocol over TCP). The APIs provide access to normalized historical data (up to 15 years, 19 PB coverage), real-time and intraday streaming data (delivered in as little as 590 microseconds median latency over internet), and reference data including corporate actions, security master, and adjustment factors. Authentication uses an API key. Self-service onboarding allows first dataset access in as little as 3 minutes. The same API interfaces and data structures are used for both real-time and historical data, enabling identical code for backtest and live trading. Pay-as-you-go usage-based pricing is available with no upfront sales calls. Developer documentation is at databento.com/docs.
What industry is Databento in?
Databento's product category is Financial Market Data Infrastructure. Its primary akta.pro industry code is HDAEABAH, Data Sharing, Data Exchange & Data Marketplace Platforms, with a secondary code of FSAFAIAJ, Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs). Its NAICS code is 518 and its SIC code is 7370.