Databento raises $100M Series C at $1.1B valuation, already profitable with 130k+ customers

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Databento announced a $100M Series C at a $1.1B valuation, with founder Christina Qi saying the company was not fundraising and is already profitable. She said investors wanted to double down right after the Series B, making it an oversubscribed insider round. The company reports 130k+ customers. Qi said a year ago the company was the underdog and it now aims to become bigger than the incumbents. Bloomberg is credited with breaking the news.

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Databento raises $100M Series C at $1.1B valuation, already profitable with 130k+ customers

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