· investment-strategies · 1 min read
New Enterprise Associates (NEA) Leads Databento $97M Series B
New Enterprise Associates led Databento’s oversubscribed $97M Series B for market data infrastructure, with $300M+ in total demand.
New Enterprise Associates (NEA) led Databento’s $97M Series B in July 2026 — an oversubscribed round that drew over $300M in demand — backing a market data platform for modern finance.
Key facts
- Lead investor: New Enterprise Associates (NEA)
- Company: Databento (market data infrastructure)
- Round: $97M Series B (oversubscribed; $300M+ demand)
- Co-investors: DRW Venture Capital, Redpoint Ventures, Tribe Capital
- Board: NEA’s Rick Yang (director) and Danielle Lay (observer)
- Firm AUM: $28B+ (founded 1977)
Why this matters
Databento fits New Enterprise Associates’ all-stage, tech-and-healthcare mandate. NEA moved decisively on an oversubscribed round, reflecting its scale and conviction-led style.
Sources
- Databento $97M Series B led by NEA (Morningstar/PR Newswire, Jul 9, 2026): https://www.morningstar.com/news/pr-newswire/20260709ph00375/databento-raises-97-million-series-b-led-by-nea
- New Enterprise Associates portfolio (Caplight): https://www.caplight.com/investor/new-enterprise-associates