PitchBook is an impressive software with intricate data solutions, but at $24K per year, is it really worth it? Below, we will be reviewing PitchBook and discussing whether or not it's the right solution for you and your team. Let's dive into it!
PitchBook is powerful, but is the price justified?
PitchBook prides itself on being a powerful data aggregator, boasting some of the most extensive data on private markets for venture capitalists and private equity investors. To be fair, PitchBook does have some of the most extensive data sets on the market, but this comes at a steep price of $24,000 per year. So this begs the question, is the price justified? Depending on your use case, it can be. If you're a massive private equity firm who's looking for the most up-to-date data, PitchBook might be the perfect solution for you, and of course, you'll be able to afford it as well. On the other hand, if you're using PitchBook for lead generation or sales, then you'll likely find more impressive solutions on the market at much more affordable prices, like Cognism and LeadLoft. These tools offer both sales data and outreach automation, making them more powerful than PitchBook for the specific use cases. To recap, PitchBook's data is second to none, but it's extensive. If you can afford PitchBook and you need it for data analysis, it's going to be the perfect solution for you. However, if you're using PitchBook for sales lead generation, you're better off going with a different solution.
PitchBook is a SaaS company that delivers data, research and technology covering the private capital markets, including venture capital, private equity and M&A transactions.