PitchBook

PitchBook operates a B2B recurring revenue model built around proprietary capital markets data, research and analytics workflows. It collects, structures and maintains a private markets dataset, packages that intelligence into subscription software and research products, and extends access through API and bulk data licensing for enterprise integration. Value is created by reducing information gaps in private markets and embedding its data into customer research, sourcing and diligence processes.

PitchBook Data, Inc. is a market intelligence and financial data company focused on private and public capital markets. It sells access to proprietary datasets, research and workflow tools covering companies, investors, deals, valuations, venture capital, private equity and M&A activity. The business operates primarily through the PitchBook Platform, with additional products including an API, bulk datafeed delivery, an Excel plugin and research publications.

The company generates revenue through recurring subscriptions and enterprise data licensing contracts sold to institutional investors, investment banks, corporate development teams, analysts and data teams. As a wholly owned subsidiary of Morningstar, PitchBook functions as a premium B2B information provider whose value comes from data breadth, workflow integration and recurring use in sourcing, diligence, benchmarking and market analysis.