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Databento, founded by ex-hedge fund trader Christina Qi, raises $97M Series B

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GoKawiil Brief

Christina Qi, who built and later shut down MIT-founded hedge fund Domeyard after a losing 2020, now runs market data startup Databento as CEO. The company, which serves 70,000 customers including Nvidia and OpenAI, raised a $97 million Series B round in July, bringing total disclosed funding to about $127 million, and reports eight-figure annual recurring revenue.

Why It Matters

GoKawiil's interpretation of the reporting above, not reported fact.

The deal signals investor appetite for financial data infrastructure that serves both traditional hedge funds and AI labs, suggesting overlap between quant finance and AI research demand for structured datasets. Qi's reluctance to disclose exact revenue or valuation, citing competition, indicates the data provider space remains tightly contested.

Key Takeaways

Source: entrepreneur.com — Sherin Shibu, 2026-10-09

Published there as: “She Grew Up on Food Stamps and Started a Hedge Fund at MIT. Now Her 8-Figure Startup Counts Nvidia and OpenAI as Clients.”

Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.