# Market Data Platform Startup Databento Closes $97M Round After Drawing $300M in Investor Demand

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-07-09T22:24:33.000Z  
> **Category:** FUNDING  
> **Impact Score:** 130/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/07/09/market-data-platform-startup-databento-closes-97m-round-drawing-300m-investor-demand)  
> **Canonical Citation:** [https://spidits.com/timeline/market-data-platform-startup-databento-closes-97m-round-after-drawing-300m](https://spidits.com/timeline/market-data-platform-startup-databento-closes-97m-round-after-drawing-300m)

## Executive Summary
Market data platform startup Databento Inc. today revealed that it has raised $97 million in new funding to broaden its data coverage across asset classes and expand internationally.

## Why It Matters (Strategic Analysis)
Crucially, this shifts quantitative procurement from static vendor subscriptions to on-demand utility models. As a result, firms can bypass legacy integration bottlenecks.

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/07/09/market-data-platform-startup-databento-closes-97m-round-drawing-300m-investor-demand)**: Market data platform startup Databento closes $97M round after drawing $300M in investor demand — _Market data platform startup Databento Inc. today revealed that it has raised $97 million in new funding to broaden its data coverage across asset classes and expand internationally. Investor demand ran past $300 million, according to the company, more than three times what the round finally took..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*