Item: PitchBook
Rating: 10
Author: Verified User

Overall Satisfaction with PitchBook

Use Cases and Deployment Scope

As a VC firm in a sector-specific industry, PitchBook is essential to our deal flow and investment decision-making process. We use it daily to screen potential investments, conducting deep dives into company fundamentals including financing history, post-money valuations, cap tables, and investor syndicate composition etc. We also leverage the platform for portfolio monitoring and tracking relevant M&A activity in our focus sectors. e also routinely use the data for for ad-hoc analysis. Finally, we use the excel-plugin to import price into our internal models

Pros and Cons

Pros

Comprehensive private market data
Sector specific coverage
Ability to generate detailed screeners

Cons

Cluttered UI - too much on the landing page
Natural language chatting
Analyst coverage into the company specific section

Return on Investment

In terms of time saving, its certainly in the range of few hours of manual research that could be done in a few mins of Pitchbook session
More than ROI, it gives confidence in our analysis

Customer Service

Most of the time, if I have a question, I can get it resolved either in the chat section of the website or by reaching out to our AE for complicated tasks. I don't think I had to wait for answers for more than a day or a couple of days.

Comprehensive Data Quality

Refer to the first question for how we use Pitchbook data.

Generally, we work with the assumption that the quality is good. In most cases, we haven't come across any major significant issues in data quality but we also dont have comparable data sources to cross check. As a method of spot check, the deals that our firm has done is well documented on PitchBook, so we have additional confidence there

Usability

I think its a great platform as is. Its usable and we get most of the information as and when we need.

I don't like the landing page after login, so I don't like to go to PitchBook every day to review daily updates on the industry. It's way too cluttered and requires MFA every time

Alternatives Considered

AlphaSense, S&P Capital IQ, Cortellis, DealRoom and Crunchbase

Pitchbook has the most exhaustive coverage of private market data, and that makes it uniquely differentiated against any other data sources mentioned above. As for public data, I dont think it is any unique compared to AlphaSense or CapIQ

Key Insights

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

Other Software Used

AlphaSense, PatSnap, S&P Global Market Intelligence API Solutions

Likelihood to Recommend

Appropriate:

We will use Pitchbook, for example, when we need to screen for companies in a certain sector or when a keyword gets a priced funding round (Seed, Series A, B, C).
Screening of deal as a way to benchmark prices of potential investments
Screening of potential LPs based on past investments

Challenging:
Quickly pull analyst commentary on certian companies/events. consensus sales or prices
Analyse non venture deals. for example in biotech, licensing deals are key ways to create value and always analysed in detailed. We will probabaly use dealbook or Cortellis for this

PitchBook Feature Ratings

Comments

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