Comprehensive but pricey given similar databases are available at a lower subscription cost
Rating: 7 out of 10
IncentivizedUse Cases and Deployment Scope
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.
Pros
- Helped in streamlining information gathering i.e. from a single source.
- Helped generate insights.
- Helped search for potential targets for clients.
Cons
- 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).
Likelihood to Recommend
Well suited: - Good for scouting targets for clients, based on their industry preferences, maturity level, and investor profile preference - Helped in buy-side due diligence.
Less appropriate - Lacking in terms of readily available insights, with sector reports published in-house being extremely shallow and hence not much of value addition.
Vetted Review
1 year of experience