Key Takeaways
- • Databento, a market data platform for modern finance based in Salt Lake City, announced a $100 million Series C financing at a $1.1 billion valuation.
- • The round was led by Fifth Down Capital, an early Databento investor, with participation from nearly all existing investors, including NEA, DRW Venture Capital, Tribe Capital, and Hedosophia.
- • The financing reflects continued institutional backing for market data infrastructure serving modern finance participants.
Summary
Databento, described as the market data platform for modern finance, announced a $100 million Series C financing at a $1.1 billion valuation, according to a Massinvestor report dated November 13, 2026. The company is based in Salt Lake City, Utah.
The round was led by Fifth Down Capital, which had previously invested in the company early. Nearly all of Databento's existing investors participated, including NEA, DRW Venture Capital, Tribe Capital, and Hedosophia. The source material does not disclose the company's revenue, customer count, or use of proceeds.
The same Massinvestor roundup noted several other venture rounds: Path Robotics, which it described as a global leader in physical AI for manufacturing, announced $300 million in Series E financing at a $2.45 billion post-money valuation; Mirendil raised $1 billion in a Series A; and Rox, which develops revenue agent technology for the Global 2000, announced a $100 million Series B at a $1.3 billion valuation. VC News Daily reported the Path Robotics, Rox, and Mirendil rounds, though those reports are unverified in our database.
The round was led by Fifth Down Capital, which had previously invested in the company early. Nearly all of Databento's existing investors participated, including NEA, DRW Venture Capital, Tribe Capital, and Hedosophia. The source material does not disclose the company's revenue, customer count, or use of proceeds.
The same Massinvestor roundup noted several other venture rounds: Path Robotics, which it described as a global leader in physical AI for manufacturing, announced $300 million in Series E financing at a $2.45 billion post-money valuation; Mirendil raised $1 billion in a Series A; and Rox, which develops revenue agent technology for the Global 2000, announced a $100 million Series B at a $1.3 billion valuation. VC News Daily reported the Path Robotics, Rox, and Mirendil rounds, though those reports are unverified in our database.
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