PitchBook offers a very impressive database, but at $24K per year, is it really worth it? Well, below we will be reviewing PitchBook and discussing whether or not it's the right solution for you and your team. Let's dive in!
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. And much of this is true. PitchBook has some of the most extensive data sets on the market, but this comes at a steep price of $24,000 per year. So is the price justified? Depending on your use case, it can be. If you're a 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 better options at more affordable prices. If you're looking to source more deals and generate more meetings, then the best PitchBook alternative is going to be Cognism and LeadLoft. These tools offer both sales data and outreach automation, making them better suited for lead generation and business development. To recap, PitchBook's data is the best in the industry. 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 likely better off going with a different solution. Just be sure to weigh the pros and cons and make the decision that's best suited for your team and your needs.
PitchBook is a data platform that helps companies research financial markets like private companies, investors, funds, and more.