TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    DealRoom

    Score8.1 out of 10
    Mid-Size Companies (51-1,000 employees)
    DealRoom in Chicago offers their flagship application to support due diligence in data exchange related to deals between organizations and entities (notably mergers and acquisitions) with automation, risk detection via request tracking, easy document location, all under the auspices of compliant and controlled information transaction rules.

    $1,250

    per month single project

    PitchBook

    Score8 out of 10
    Small Businesses (1-50 employees)
    PitchBook is a resource for data, research, and insights spanning the global capital markets. Founded in 2007 and acquired by Morningstar in 2016, PitchBook's data on the private and public markets helps business professionals discover and execute opportunities.N/A
    Pricing
    DealRoomPitchBook
    Editions & Modules
    DealRoom Pipeline
    $1,000
    per month (billed annually)
    DealRoom Diligence
    $1,250
    per month
    DealRoom Integration
    $7,500
    per year per project
    DealRoom M&A Platform
    Contact Sales
    Enterprise
    Custom Pricing
    Offerings
    Pricing Offerings
    DealRoomPitchBook
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    DealRoomPitchBook
    Considered Both Products
    DealRoom
    No answer on this topic
    PitchBook
    Chose PitchBook
    Certain regards, such as comprehensiveness and ability to store and export searches and data related to searches PitchBook performs better than the above and remains our go to tool. However we also use DealRoom to supplement some of that data to ensure comprehensiveness and …
    Incentivized
    Chose PitchBook
    Data is more comprehensive
    Incentivized
    Chose PitchBook
    Pitchbook had data that was easier to digest and more complete
    Incentivized
    Key User Insights
    Would buy again
    100%
    Would buy again
    6 Answers
    97%
    Would buy again
    34 Answers
    Delivers good value for the price
    No answers on this topic
    92%
    Delivers good value for the price
    22 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    6 Answers
    94%
    Happy with the feature set
    33 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    95%
    Lived up to sales and marketing promises
    21 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    22 Answers
    Features
    DealRoomPitchBook
    Financial Research
    Comparison of Financial Research features of DealRoom and PitchBook
    Feature
    DealRoom
    -
    Ratings
    PitchBook
    7.8
    1 Ratings
    10% above category average
    Private Company Data00 Ratings7.01 Ratings
    Industry-Specific Information00 Ratings8.01 Ratings
    Independent Research Access00 Ratings7.01 Ratings
    M&A Analysis00 Ratings8.01 Ratings
    Macroeconomic News00 Ratings9.01 Ratings
    Search Tools00 Ratings8.01 Ratings
    Best Alternatives
    DealRoomPitchBook
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    No answers on this topic
    S&P Capital IQ
    Score8.3 out of 10
    Enterprises
    No answers on this topic
    S&P Capital IQ
    Score8.3 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    DealRoomPitchBook
    Likelihood to Recommend
    9.2
    (11 ratings)
    9.0
    (9 ratings)
    Likelihood to Renew
    9.1
    (1 ratings)
    -
    (0 ratings)
    Usability
    9.1
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    9.1
    (1 ratings)
    7.0
    (1 ratings)
    User Testimonials
    DealRoomPitchBook
    Likelihood to Recommend
    DealRoom
    Well suited for projects where a large number of files need to be securely exchanged with clients. Not very suitable if the engagement does not involve heavy data exchange. We have used it in multiple M&A and due diligence projects and it works like a charm. I strongly recommend DealRoom
    Incentivized
    Read full review
    PitchBook
    For our business being able to segregate and prioritise data is essential in keeping overall costs down. Rather than targeted thousands of accounts we need to be able to reduce this number or at least manage which are prioritised first. Whilst it is not the only data vendor we use it is an important one in filling gaps that others do not seem to have reliable information for. It is not the best tool for mapping in revenue or employee size, which is not essential for us as we have other data vendor contracts that have this information.
    Incentivized
    Read full review
    Pros
    DealRoom
    • Fixed cost pricing is unique and refreshing. Saves headache and worry throughout the process and with the client.
    • Internal Diligence Tracking through the requests feature is a game-changer. Prevents inefficient excel trackers and unnecessary emails throughout the process.
    • GUI and interface are clean and easy to use.
    • Customer support and response to inquires is timely and helpful.
    Read full review
    PitchBook
    • 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.
    Incentivized
    Read full review
    Cons
    DealRoom
    • DealRoom doesn't currently have an option for automatic weekly user analytics. I hope to see this feature implemented soon.
    • The software is easy to use, as mentioned before, however, utilizing the setting buttons for folder structures can be difficult to understand at first.
    Read full review
    PitchBook
    • more accurate information about valuation
    • If you can get PPS that would be amazing for further analysis
    • Send me alerts
    • I have had to change my profile quite frequently as it is in accurate so I imagine that is the case for others
    Incentivized
    Read full review
    Likelihood to Renew
    DealRoom
    DealRoom is very easy to use and has a clear interface and all the features we needed.
    Read full review
    PitchBook
    No answers on this topic
    Usability
    DealRoom
    It was the most intuitive data room platform that i used in my work
    Read full review
    PitchBook
    I personally love the organization structure of PitchBook. I think others like the UI of Crunchbase but I am not a fan of CB. It is too flashy. PitchBook gives you eveyrhign you need and makes it black and white. No need to flash up the data.
    Incentivized
    Read full review
    Support Rating
    DealRoom
    Support is very friendly and answers fast.
    Read full review
    PitchBook
    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.
    Incentivized
    Read full review
    Alternatives Considered
    DealRoom
    DealRoom provides a superior product. We select DealRoom for most of our engagements mostly due to the advanced Due Diligence capabilities that it provides. However, the ease of use, speed, and simplicity of the product are also factors that inspire us to choose DealRoom as our "go-to" provider.
    Read full review
    PitchBook
    Certain regards, such as comprehensiveness and ability to store and export searches and data related to searches PitchBook performs better than the above and remains our go to tool. However we also use DealRoom to supplement some of that data to ensure comprehensiveness and accuracy. Crunchbase appears less sophisticated and hence less relevant for us
    Incentivized
    Read full review
    Return on Investment
    DealRoom
    • It helped us manage documents and share info between our firm and the potential investors and clients. And also helped to manage internal processes and keep an eye on everything in the company.
    Read full review
    PitchBook
    • I'll pull ~25 company descriptions on occassion instead of writing them myself. Each time I grab one of those I'm saving myself 2-3 minutes. Easily save an hour+ on this simple / repetitive task related to a daily / weekly work product.
    • If I want to understand other companies in the industry, PB's search function will save me from skimming the internet for hours. This can result in 4-7 hours of time savings across a more macro or industry-wide project.
    • Quickly finding who invested in an asset can save sometimes 30-45 minutes of searching the internet. While I wish it provided more details on the specific fund that invested (i.e., Fund IV), it provides sufficient direction for me to begin searching internal databases.
    Incentivized
    Read full review
    ScreenShots

    PitchBook Screenshots

    Screenshot of where PitchBook provides the critical insights needed to navigate complex decisions, from small asset allocation adjustments to multi-billion-dollar investments. PitchBook lets users stay informed on private and public market trends as well as company and deal updates specific to any focus.Screenshot of where to customize and visualize PitchBook data. Through the iOS or Android PitchBook app, users have the breadth and depth of private market data at their fingertips.