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Databento

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Formerly: Elisify

“Market data, simplified.”

Databento is a high-performance financial data provider dedicated to simplifying the acquisition and utilization of market data for institutional and professional users. The company mission centers on removing the technical and administrative friction traditionally associated with accessing high-fidelity market information. By offering a unified, cloud-native platform, Databento enables firms to bypass the complexities of legacy data procurement, allowing them to focus on quantitative research, algorithmic trading, and robust risk management. Their infrastructure is designed to handle the massive scale of modern financial markets, ensuring that users receive clean, normalized, and ready-to-use data without the need for extensive internal engineering resources.

The core of the Databento offering is Databento Live, a low-latency API that provides comprehensive access to tick-level data, including full order book depth and intraday market replay capabilities. This service is engineered to support the most demanding financial applications, providing granular visibility into market microstructure. By delivering data in a standardized format, Databento empowers clients to perform backtesting, strategy development, and real-time analysis with greater speed and precision. The platform supports a wide range of asset classes and venues, ensuring that researchers and traders have the depth of information required to maintain a competitive edge in volatile environments.

Databento serves a diverse clientele, including quantitative hedge funds, proprietary trading firms, financial technology developers, and academic research institutions. Their services are particularly well-suited for use cases that require high-precision historical data for model training, as well as real-time feeds for execution and compliance monitoring. Because the platform is built for scalability, it accommodates both small-scale research projects and large-scale enterprise deployments, providing consistent performance regardless of the data volume. This flexibility makes Databento an essential partner for organizations that prioritize data integrity and operational efficiency.

Technically, Databento differentiates itself through its focus on developer experience and infrastructure reliability. The company provides intuitive APIs and client libraries that integrate seamlessly into existing financial technology stacks, reducing the time-to-market for new trading strategies. By leveraging modern cloud architecture, Databento offers high-throughput delivery options that minimize latency and maximize data availability. Their commitment to transparency and technical excellence ensures that users receive accurate, timestamped data that adheres to the highest industry standards. As financial markets continue to evolve toward greater complexity and speed, Databento remains a critical provider of the foundational data infrastructure necessary for informed decision-making.

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Intelligence Score
84/100
Your Rating
Products

16

Type

data_provider, platform

HQ

Boston, MA

Founded

2019

Employees

32

Domain

databento.com

Offering

Market Data Infrastructure

Cost Tier

$

Data Quality SignalsB

Freshness

Recently enriched

API Status

API Available

83Completeness

Compliance (vendor-reported)

SOC 2
ISO 27001
GDPR
CCPA

Quality Breakdown

Data Coverage
71
Documentation
85
Compliance
78
Pricing Clarity
100

Signal Analysis

Categories

Financial Market DataHistorical Market DataReal-time Market Data

Delivery Methods

API

Geographic Coverage

Global

Procurement Intelligence

Primary OfferingNormalized historical and real-time exchange-level market data delivered via a unified API and high-performance binary format.
Best ForQuantitative researchers and algorithmic traders requiring granular, exchange-level tick data for backtesting and execution analysis.
Benefits
  • Usage-based pricing model reduces entry barriers
  • Proprietary DBN binary format optimizes data throughput
  • Standardized schemas across disparate exchange feeds
  • Unified API for both historical and real-time data access
Disadvantages
  • Limited asset class coverage compared to legacy incumbents
  • Requires technical proficiency to implement proprietary binary formats
Intelligence ScoresAll pillars scored
Market Presence
71
Trust & Compliance
72
Integration
79
Business Maturity
52
AI Readiness
56
Support & Ops
52
Product Quality
72
Extended Analytics
Price Compete
33
Price Clarity
100
Causal Authority
60
Causal Depth
100

Deep Intelligence

Enriched91% coverage

Web Authority

High Authority
65
26 mentions·6 platforms
Reddit
10 × 3 pts+30
GitHub
7 × 2 pts+14
LinkedIn
5 × 2 pts+10
Hacker News
2 × 4 pts+8
Blogs & Newsletters
1 × 2 pts+2
linkedin company
1 × 1 pts+1
Evidence5 sources
Hacker News

Is there a similar source you're aware of, cheap with a clean API ...

Depends what you are looking for. Is it real time quotes? IEX data is now free after 15minutes instead of 15milliseconds. One option is the Databento US Equities Mini for 200 USD per month. If I under

Hacker News

SEC approves Texas Stock Exchange, first new US integrated ...

I've been happy with Databento as a low-friction way to get market data. I ... ohlcv-1d ALL_SYMBOLS EQUS.SUMMARY ohlcv-1d $ 4.380178 156772672 bytes ...

Reddit

Modelling Level 3 Order Book data with Deep Learning : r/algotrading

I plan to do this on NQ and GC futures market. Im also planning on using DataBento for historical and live MBO (L3) data. Upvote 10. Downvote

Trust & Compliance
Trust Score
75/100

Based on vendor-reported attestations, not verified by Vedex. Breach history is not scored.

SOC 2
ISO 27001
GDPR
Encryption: AES-256 for data at rest and TLS 1.2+ fo…Pen Test: Annual third-party penetration testing

These are the vendor's own attestations as collected from public sources, not Vedex's. Verify directly with the vendor.

SOC 2 Type IIYes (current report available)
GDPRFully compliant (DPA available)
ISO 27001No
Risk ScoreA
EncryptionAES-256 for data at rest and TLS 1.2+ for data in transit
Penetration TestingAnnual third-party penetration testing
Audit LoggingYes (self-serve)
Breach HistoryNo public incident found in our search (unverified)
Data Privacy OfficerYes (shared role)
Compliance OfficerYes (part-time)
Privacy LawsGDPR, CCPA/CPRA
Data ResidencyUS
Personal Data BasisNot applicable as the dataset does not contain personal data
Sub-processor TransparencyPublic URL

Products (16)

US Equities Market Data
discoveryAPI

Real-time and historical market data sourced from 18 datasets across major U.S. exchanges and ATSs.

real-timeUSAPI
Value 44Coverage 43Trial 35
Pricing (estimated)
~$2,388/yr est.
Databento API
discoveryAPI

Well-known offering for accessing market data through a unified API.

Real-timeGlobal['API']
Financial Market DataHistorical Market DataReal-time Market DataMarket Data Infrastructure
Value 41Price P100Coverage 75Trial 35
Pricing (estimated)
~$48,000/yr est.
Trades
discoveryAPI

Standardized schema for trade execution data.

Real-timeGlobal['API']
Financial Market DataHistorical Market DataReal-time Market DataMarket Microstructure
Value 54Price P7Coverage 75Trial 35
Pricing (estimated)
~$1,200/yr est.
Exchange Data Feeds
discoveryAPI

Multi-exchange data aggregation service for equity, futures, and options data

Real-timeGlobal['API']
Financial Market DataHistorical Market DataMarket MicrostructureReal-time Market Data
Value 52Price P100Coverage 75Trial 35
Pricing (estimated)
~$2,148/yr est.

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About Databento

Databento is a data provider & platform vendor headquartered in Boston, MA, founded in 2019 with approximately 32 employees. Databento specializes in financial market data, historical market data, real-time market data data. This vendor has a Vedex Intelligence Score of 84 out of 100, reflecting market presence, compliance posture, integration readiness, and business maturity.

Data Categories

Databento operates in the following alternative data categories.

Financial Market DataHistorical Market DataReal-time Market Data

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