Utah-based AI-FinTech, Databento, has Landed a $97 Million Series B Funding to Build-out its Global Market-data Infrastructure
EXECUTIVE SUMMARY:
✅ New Enterprise Associates led the $97 million in Series B financing for Salt Lake City-based Databento, with participation from DRW Venture Capital, Redpoint Ventures, Tribe Capital, and other investors;
✅ The AI-FinTech data company says it reached profitability with only 24 employees, increased revenue to 6.65