Comprehensive but pricey given similar databases are available at a lower subscription cost
July 26, 2022
Comprehensive but pricey given similar databases are available at a lower subscription cost
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Tracxn
We used Tracxn to track the FinTech/WealthTech/InsurTech space, wherein we keep a track of ongoing deal activity (funding as well as volume), start-ups raising the most amount of funding, people information, and other datasets such as investor profiles, employee count, news, their financials, acquisitions made by them, etc.
- Helped in streamlining information gathering i.e. from a single source.
- Helped generate insights.
- Helped search for potential targets for clients.
- Sector reports could be better e.g. competitors like CB Insights do a better job at it.
- Pricing is a bit steep, when compared to peers like DealRoom.
- Credibility of the data is a question mark (CB Insights has way more traction with investors).
- Comprehensive dataset
- Good coverage of start-ups
- Theme-based alerts (e.g. regular alerts on blockchain deals)
- Positive: Reduced time to source information.
- Positive: Helped in sharper insights, leading to better outcomes on scouting engagements.
- Negative: Pricing is on the higher side.
Tracxn lacks the comprehensiveness of a CBInsights but makes up for some of it by keeping a much lower price. However, it is still more expensive compared to some of the other similar databases in the marketplace (e.g. Crunchbase, DealRoom). Hence, it needs to work on its pricing or improve in certain areas (e.g. sector reports) to justify that price.
Do you think Tracxn delivers good value for the price?
No
Are you happy with Tracxn's feature set?
Yes
Did Tracxn live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of Tracxn go as expected?
Yes
Would you buy Tracxn again?
No