PitchBook as a tool to pursue new business opportunities for banking industry
March 06, 2025
PitchBook as a tool to pursue new business opportunities for banking industry
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with PitchBook
We use PitchBook to research potential prospects, their financial performance, key contact people, industry, key metrics, peer groups, etc to make decisions of whether to reach out and approach them with our banking services. We also stay close to our top prospects, so PitchBook is my go-to database to research what new developments have taken place with our prospect list.
Pros
- Key Contact People's emails
- Company Overview
- Financial Performance
- Peer Group/ Competitors
Cons
- Whenever there is a company that is missing on the database, I suggest PitchBook have a function for users to input some info into PitchBook and request further details on such companies.
- Time savings: Instead of browsing multiple websites for info on a company, my team and I can visit PitchBook as a one-stop shop for company information.
- Workflow improvements: We established the process of utilizing PitchBook to follow our top prospects and improve our outreach efforts. Staying up-to-date on new developments of our clients and prospects helps us know where to allocate most of our efforts on.
The quality of data is quite good for public companies but have room for improvement on private companies. It would be helpful to get more news, data, and contact info on private companies. Latest M&A information, financial performance, or comparison among the peer groups would be very helpful in making execution decisions.
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?
Yes
Did implementation of PitchBook go as expected?
Yes
Would you buy PitchBook again?
Yes
Comments
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