DataBP, LLC

DataBP is a technology company specializing in market data licensing and administration solutions, streamlining data management workflows for both B2B and B2C entities across diverse global markets. DataBP, LLC, founded in 2013 in New York, US, provides a platform for market data licensing and administration. The company has completed 1 deal, with its most recent deal occurring on September 28, 2024. The founder’s detailed history is not provided.

DataBP specializes in providing a comprehensive platform for market data licensing and administration, designed to streamline the workflows involved in managing data relationships at scale, primarily for B2B and B2C entities. Their core offerings include automated licensing workflows, distribution management, compliance and audit solutions, and a customizable customer portal. These products facilitate efficient onboarding processes, automate invoicing and payment processing, and manage vendor relationships, thus addressing key pain points related to operational risks and revenue leakage within the market data industry. DataBP's solutions cater to a diverse client base that includes exchanges, trading platforms, index and data providers, as well as fintech companies across global markets such as North America, Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) region.

The platform also integrates self-service tools and analytics features to enhance the customer experience and provide actionable insights. DataBP generates revenue primarily through subscription-based models, enabling clients to access their range of services effectively. Clients engage with the platform through a structured transaction framework that includes customized pricing plans and automated invoicing for data sales and licensing services. Examples of transactions may involve financial institutions subscribing to their data management solutions, which allow for comprehensive control over data entitlements, as well as management of usage declarations and compliance reporting.

The company’s platform also supports direct data sales from a customizable web shop, which facilitates seamless ordering and account management for clients. The collaboration with various market participants ensures a steady revenue stream, driven by the demand for efficient data management and compliance solutions. In September 2024, SaaS Capital provided debt financing to DataBP, LLC, with financial terms not disclosed. The funding will be utilized to support the development and launch of upcoming products aimed at enhancing market data management capabilities.

The company plans to expand into new markets, specifically targeting regions in Asia and the Middle East by the end of 2025. This expansion will be supported by the recent financing and aims to capitalize on the growing demand for data compliance solutions in these areas.