In celebration of our launch anniversary, we’d like to share a glimpse into our journey with you! Take a peek into the origins of Databento, the incredible team behind it, and how we're disrupting the financial #data industry.
Databento
Financial Services
Salt Lake City, Utah 13,303 followers
A simpler, faster way to get market data.
About us
Databento makes it simpler and faster to get market data. Our self-service model allows users to instantly pick up live exchange feeds and terabytes of historical data—and only pay for what they use. Our goal is to power the world's largest finance and fintech institutions and make data accessible for small startups. Since starting in 2019, we've raised over $27.8M in funding. Our team brings years of experience running high-frequency trading desks and includes alumni from firms like Two Sigma, Flow Traders, Virtu, and Stripe.
- Website
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http://www.databento.com
External link for Databento
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Salt Lake City, Utah
- Type
- Privately Held
- Founded
- 2019
- Specialties
- Fintech, Market data, and Algorithmic trading
Locations
Employees at Databento
Updates
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#2024YearinReview We had the pleasure of co-hosting our first quant meetup with Architect in October. We loved meeting you in Chicago this year, and we look forward to meeting more of you in 2025!
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#2024YearinReview We're committed to offering comprehensive financial data coverage. This year, we expanded our corporate actions dataset to global coverage from 215 exchanges worldwide, including over 310,000 listed and delisted stocks, ETPs, DRs, bonds, and other types of securities from more than 85,000 issuers and companies. Over 60 different types of corporate events are included in this dataset. The corporate actions dataset is the first of several datasets that will be available through our new reference data API.
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#2024YearinReview We closed our $10M Series A+ funding round at the end of October this year. Thank you to all of our investors for believing in our mission. We're excited to keep building new features for our users!
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Great episode! Our CEO Christina Qi joined Michael Watson, Co-Founder of Hedgineer and former Head of Equities Engineering at Citadel, to discuss market data, hedge funds, and more.
Episode 16 of the Hedgineer Podcast with Christina Qi is out now! https://lnkd.in/gE-5zUbt We want to give a quick shout-out to Databento for truly disrupting the data experience of consuming real-time market data within the asset management and hedge fund space. Historically, accessing real-time market data meant turning to Bloomberg, which is not only incredibly expensive but also comes with a cumbersome user experience. Connecting to their APIs and the onboarding process often requires a team effort: a data negotiator for licensing, an engineer to figure out the connections, and an operations person to manage the other two. Databento, however, has done an awesome job of disintermediating this process. They have simplified the entire experience, making it more accessible and efficient. This isn't a sponsored post, just genuine appreciation for the innovation they bring to the table. Check out the full episode for more! #MarketData #AssetManagement #HedgeFunds #DataInnovation #FinTech #RealTimeData #Databento #Finance #Technology #Innovation #Efficiency
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We saw a 2,518% increase in API requests this year. We're happy you're making excellent use of our APIs! We're pleased to offer: - Simple protocols. Anyone can get started in as little as 3 minutes. - Multiple language options: Python, C++, raw TCP, HTTP, and more. - A single, unified message format to cover multiple asset classes and venues. - Full venue feeds losslessly compressed to fit over a regular internet connection. - 6.1-microsecond normalization latency. Close to zero data gaps with our FPGA-based capture. #2024YearinReview
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#2024YearinReview This year, many more of you joined us - 302% more than in 2023, to be exact! We are so grateful for each and every one of you.
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#2024YearinReview Our users are affiliated with 8 out of 10 top quant firms in the world. We're proud to supply normalized and raw data directly from colocation sites. We're powered by the same direct feeds used by top financial institutions.
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Market Microstructure 101: What is a Maker-Taker Rebate Model? The maker-taker rebate model incentivizes market participants to provide liquidity by offering rebates to those who add quotes (makers) and charging fees to those who take quotes (takers). This model creates a more efficient market by encouraging liquidity providers to submit orders, which results in tighter spreads and deeper, more stable quotes. As a result, traders benefit from better execution prices when trading off-exchange.
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#2024YearinReview We're proud that share that our users hail from or are affiliated with 32 out of the top 50 U.S. colleges. We’re grateful to be part of your journey—here’s to achieving even more together in the year ahead!
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