Invaluable Resource for Private Markets Professionals
Anonymous | TrustRadius Reviewer
May 18, 2020

Invaluable Resource for Private Markets Professionals

Score 8 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with PitchBook

PitchBook is being used primarily, although not exclusively, by the research division within my organization. When conducting diligence on fund managers or specific companies, PitchBook serves as a source of quality information. Because of the wide breadth and unique data points PitchBook offers, the software is a crucial provider of data that my organization is not able to find elsewhere.
  • PitchBook provides a very comprehensive database of not just companies and investors but also M&A activity, financials, funds and LPs.
  • Pitchbook is multi-dimensional it how it can be used. For example, it can help to accomplish various business objectives, including deal sourcing, due diligence, private market intelligence and fundraising.
  • PitchBook has an easy-to-navigate user interface. It enables the user to quickly find the data and information that he or she needs.
  • Financials on PitchBook are not always up to date. For example, despite Q1 2020 financials already being published by companies, PitchBook was still missing their FY2019 results.
  • The market intelligence features are not as developed as S&P Capital IQ. For example, the public markets plugin does not track indices.
  • The cons mentioned above are minor. PitchBook has very few meaningful downsides as it offers more private market data than any of its competitors.
  • PitchBook has enabled my company to be more efficient in determining whether or not to conduct further diligence on companies and funds.
  • PitchBook contributes to a more comprehensive analysis of companies and fund managers when making investment decisions. For example, it assists us in valuing private companies, mapping markets, and finding key decision makers.
  • Due to the quality and reliability of information PitchBook has, it is saving my company large amounts of time, particularly since we look through hundreds of companies on a weekly basis.
The overall support for PitchBook is about average. It is not excellent for two primary reasons. First, PitchBook can run slow from time to time, and I cannot copy and paste from the Chrome extension. I have found neither of those issues to be a function of the computer I am using. However, the PitchBook support team has proved helpful on several occasions.

Do you think PitchBook delivers good value for the price?

Yes

Are you happy with PitchBook's feature set?

Yes

Did PitchBook live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of PitchBook go as expected?

I wasn't involved with the implementation phase

Would you buy PitchBook again?

Yes

S&P Capital IQ, Zoom, Owler, Skype for Business (formerly Lync), Seismic
PitchBook is well suited for conducting analyses on private companies of all sizes, industries or the major actors in a particular space. PitchBook, however, is less suited for analysis of public companies, despite its relatively recent integration of public market data from Morningstar. This largely stems from the fact that PitchBook was built around being a company providing private market data focused on venture capital and private equity investing.